The Rusty Axe, Stembridge, Martock, Somerset TA12 6BL
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Tenure
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Parking
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- Primary use
- Pub
- Bedrooms
- 3
No floor / site plan
Key features
- Freehold investment sale - pub/restaurant in Somerset
- Village centre thatched property
- Open-plan bar and dining plus function room
- Commercial kitchen
- Three bedroom private accommodation
- Large beer garden and car park
Description
Martock is a large village in Somerset, located on the edge of the Somerset Levels, 7 miles (11.3 km) north-west of Yeovil. The parish includes Hurst, approximately one mile south of the village, and Bower Hinton, which is located to the west and bounded by Hurst and the A303. Martock has a population of 4,766 and was historically a market town.
PROPERTY DESCRIPTION
Comprises a large thatched village pub.
On the ground floor there is an open-plan bar and restaurant with function room. Also there is a commercial kitchen and customer WC's.
On the first floor is three-bedroomed owner's accommodation (complete with its own kitchen and bathroom).
Outside is a large beer garden and car park for 10 vehicles.
Total Gross Internal Area: 240 sq m (2,583 sq ft)
TENURE
The property is available on the basis of a freehold investment sale.
Lease Terms: 6 years 11 months
Years Left on Lease: 3 years 6 months
VAT Applicable: Yes
The property is at present let to S&N Pubs Ltd with Personal Guarantee for a term of 6 years 11 months from 1st March 2022 at a current rent of £25,740 p.a. and the Lease contains full repairing and insuring covenants.
Rent review on 01.03.25 and 01.03.28 open market upward only.
Deposit held of £4,290.
Rateable Value
Current rateable value (1 April 2023 to present) £8,800.
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
About Sprosen Ltd, Weston-Super-Mare
We are a leading specialist advisor for buying, letting and selling businesses and commercial properties in our sectors - hotels, pubs, restaurants, retail and leisure.
If you are looking to buy or sell a business in our specialist sectors - you will find that our personalised service is focused on helping you achieve your ambitions.
We have been established for 17 years and we look forward to being of help in the future.
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Disclaimer - Property reference 729. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sprosen Ltd, Weston-Super-Mare. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.