£48,000
(£1.00/sq. ft)
Leisure/hospitality for saleGlastonbury Road, Glastonbury BA6
48,000 sq. ft
Just added
Business
About this property
Historic 15th century freehouse with rooms
‘A’ road near Glastonbury
Character flagstone bars & dining rooms
12 refurbished en suite letting bedrooms
Skittle alley. Tenant’s flat
Patio & large car park
leasehold: £48,000 for goodwill, fixtures and fittings. Stock, glassware, loose catering effects and linen at valuation in addition.
Term: Seven years.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954.
Assignability: Non assignable.
Security deposit: £10,000
rent: £45,000 per annum, paid monthly in advance.
Rent review: Subject to rent reviews every third year of the term.
Repair liability: Full repairing and insuring lease.
Tie: Partial tie (one tied beer from Glastonbury Brewery).
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
‘A’ road near Glastonbury
Character flagstone bars & dining rooms
12 refurbished en suite letting bedrooms
Skittle alley. Tenant’s flat
Patio & large car park
leasehold: £48,000 for goodwill, fixtures and fittings. Stock, glassware, loose catering effects and linen at valuation in addition.
Term: Seven years.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954.
Assignability: Non assignable.
Security deposit: £10,000
rent: £45,000 per annum, paid monthly in advance.
Rent review: Subject to rent reviews every third year of the term.
Repair liability: Full repairing and insuring lease.
Tie: Partial tie (one tied beer from Glastonbury Brewery).
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
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Monthly repayment
£240 per month
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