Pub/bar for sale in Manor Lane, Shelford, Nottingham NG12

£25,000 (£12.5/sq. ft)
Pub/bar for sale 186 sq. m*
Interested in this property? Call +44 1780 673903 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Delightful Village
  • Multiple trading areas
  • Car parking and beer garden
  • 2 bedroom owners accomm
  • Turnover £410,000 net of VAT
  • Free of tie lease for sale
  • Function room
  • Children's play area
  • Barbecue and Pizza Oven
  • Premium Catering Kitchen

Property description

Price Reduction to £35,000
leasehold,
free of tie country Pub on offer

Location & Area

The Earl of Chesterfield is located in the popular village of Shelford, which sits between Radcliffe on Trent and Gunthorpe. According to the last census in 2011 the Village population was circa 700. The Village is well positioned within 1 mile of the main roundabout where the A52 meets the A46 at Saxondale, the A52 linking Derby via Nottingham and Grantham East to West, whilst the A46 links the M1 at Junction 26 (leicester) to Lincoln, the majority of which is now dual carriageway.

Property Description

The property is a 2 storey brick built detached building under a pitched tiled roof. With multiple ground floor trading areas, ground floor cellar and catering kitchen. The First floor is mainly managers/owner's accommodation, with some additional storage and prep areas for the kitchen. With car parking to one side and rear and Children's play area and beer patio to the other side.

Main bar area with bar servery - a range of free standing tables and chairs (20)
Lounge bar area - feature log burner (20)
Snug/locals bar (20)
Restaurant and function room (40+)
2 bedroom owner's accommodation to include bathroom, lounge and kitchen.
Catering kitchen, ground floor beer cellar and outside store area.

Owners Accommodation

Two bedroom owners accommodation, in need of a little tlc, but on the whole, very pleasant with gorgeous country views.

Externals

The property benefits from a large car park to the side and rear of the pub for approximately 35 cars.

Services

We are advised that all mains services are connected to the property with the exception of gas, all cooking and heating is via the mains electric. These services have not been inspected or tested by the agent.

Price & Tenure

The business is offered for sale by way of a lease assignment or share sale. A lease premium of £25,000 to include good will and fixtures and fittings.
The lease was originally a 10 year lease from September 2015 with a passing rent of £27,000 per annum.
Stock to be purchased on the completion date at valuation.
According to the valuation office agency website the current rateable value is £34,250 per annum. For rate relief guidance, interested parties are advised to contact the relevant local authority.

We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.

Both Parties will be responsible for their own legal costs including a contribution capped at £1000 to cover the landlords legal fees for the assignment of the lease.

Viewings

Strictly by appointment with the vendors sole selling agents. Tel: Email You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

Finance

An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from one of our solution partners.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
LLH Solutions, PE9 on +44 1780 673903 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by LLH Solutions, and do not constitute property particulars. Please contact LLH Solutions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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