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Public house investment
Rental income £20,000 pa
5 year lease from April 2018
Well located in highly populated area
Close to Hoyland town centre
Furnished in traditional style
2 Main public rooms around a central bar servery
3 Bed residential flat above
Description The property is a detached public house which is of traditional construction with solid masonry elevations finished in brickwork and render incorporating upvc double glazed windows. There is a pitched and hipped roof overlaid in slate.
Internally the property is furnished in a traditional style and has two main public rooms around a central bar server. The front bar area is able to accommodate c.50 patrons and the rear games room a further 25 patrons. There a customer toilets and a small kitchenette with basement beer cellars.
The upper floors provide a three bedroom residential flat. Externally there is a raised forecourt trade area raised above King Street.
Location The Queens Head is located on the northern side of King Street, directly to the east of Hoyland’s town centre. Properties in this part of King Street are predominantly residential in nature with a chip shop on the opposite side of the road to the east.
Within walking distance, to the west, is Hoyland’s main town centre incorporating retail outlets, restaurants, retail outlets, other public houses and municipal buildings. Hoyland is part of the Metropolitan Borough of Barnsley in the metropolitan county of South Yorkshire. Hoyland has good road and rail links. Elsecar train station is within walking distance, less than half a mile to the east of King Street and the M1 is accessible at Junction 36 via the recently altered A6135.
Accommodation The accommodation provides the following accommodation:- Ground Floor Front Lounge bar with central servery Ladies & Gents wc’s Rear Games Room Right hand Gents & Ladies wc’s Basement Beer Cellar First Floor Lounge, kitchen, bathroom& three bedrooms.
Energy Performance Certificate The property has an EPC rating of 98 classified within band D.
Occupational Lease The premises are subject to a five year lease from 1st April 2018 to a private individual. The lease is granted at a fixed annual rental of £20,000 per annum plus VAT. The lease is drafted on full repairing and insuring terms.
Asking Terms The property is available for sale subject to the existing occupational lease. We are inviting offers around £220,000 for the freehold interest. The property is understood to be VAT elected.
Viewing Please contact the sole selling agents Brownill Vickers for further information. Viewing is by prior appointment only.
For more information about this property, please contact SMC Brownill Vickers, S1 on +44 114 230 0680 * (local rate)
Contact SMC Brownill Vickers about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SMC Brownill Vickers, and do not constitute property particulars. Please contact SMC Brownill Vickers 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.