The Rusty Axe, Stembridge, Martock TX12 6DB
Size
2,583
Tenure
Freehold
EPC
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Parking
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- Primary use
- Pub
- Bedrooms
- 3
No floor / site plan
Key features
- Rental Income: £25,740 p.a. Gross Initial Yield: 6.77%
- VAT is applicable to this property
- Comprises large village pub with restaurant, function room and 3-bedroom managers flat
- Benefits from outdoor seating at front and large car park opposite the property
Description
Rental Income: £25,740 p.a. Gross Initial Yield: 6.77%
Comprises large village pub with restaurant, function room and 3-bedroom managers flat
Benefits from outdoor seating at front and large car park opposite the property
Martock is a large village and civil parish in Somerset, situated 7 miles (11.3 km) north-west of Yeovil.
Property Description:
Comprises a large thatched village pub and restaurant with function room and a separate 3-bedroom owner's accommodation (complete with own kitchen and bathroom). The property benefits from a commercial catering kitchen, large beer garden and carpark for 10 vehicles and provides the following accommodation and dimensions:
Ground Floor: Open plan bar & restaurant, kitchen, wc`s
First Floor: 3 bedrooms, kitchen/living room, bathroom
Total GIA: 240 sq m (2,583 sq ft)
Tenancy:
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. Break clause in 2023 and 2025 NOT exercised. Deposit held of £4,290.
Location:
Martock is a large village and civil parish in Somerset, England, situated on the edge of the Somerset Levels 7 miles (11.3km) north west of Yeovil in the South Somerset district. The parish includes Hurst, approximately one mile south of the village, and Bower Hinton, which is located at the western end of the village and bounded by Hurst and the A303. Martock has a population of 4,766 and was historically a market town.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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- Floors in building
- 2
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 BLUE ALPINE PARTNERS LIMITED, London
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.
We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.
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Disclaimer - Property reference therustyaxesale. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.