Leasehold Public House Located In Leamington Spa

Leasehold Public House Located In Leamington Spa
Free of Tie Community Pub
Accommodation Above
Ref 2718

Location
This respected Public House is located in the highly desirable town of Royal Leamington Spa, Warwickshire. Situated within a prominent and highly visible trading position on Tachbrook Street. The immediate area is densely populated with residential houses which makes this into a great community pub. Leamington Spa offers wide boulevards, Georgian and Edwardian architecture, award-winning parks which provide a sophisticated backdrop to this Regency shopping paradise. Often described as 'the best bits of London, all in a ten-minute walk', Leamington town centre combines a treasure-trove of independent, specialist boutiques with all the national chains you would expect to find in a large city. With an impressive array of entertainment venues, a rich choice of restaurants and some of the country's best spas and salons, we're certain you will find it one of the most appealing towns in the UK.

Asking Price: £9,950

Business Description
Veritas Business Sales are delighted to offer for sale this established Public House which is located in Leamington Spa. The pub dates back to the 1920’s and is now being offered with vacant possession.
What’s on offer is a new free of tie lease which included all fixtures & fittings. We act for the landlords so no accounting information will be provided as the pub has previously been rented out.
We believe that this thriving community pub would flourish from a food based operator to take this back to its high levels of turnover. This is a superb opportunity to purchase an established watering hole with bags of potential which is a great base to build upon and as such early viewing is highly recommended.

Leasehold
New lease to be granted
Term: negotiable
Rent: £700 per week
Reviewed: 5 yearly
Rateable value: TBC

Ground Floor
Open plan bar/lounge with vestibule entrance, 2 x pool tables, 2 x dart boards, tables & chairs, bar servery with 13 beer taps, 2 hand pull pumps, 2 x 2 door undercounter drinks fridges, wine cooler, optics, glasses and TV.
Ladies toilets with 2 x W/C’s wash basin, wall mounted hand dryer and wall mounted mirror.
Gents toilet with urinals, W/C, wash basin, wall mounted hand dryer and electric water heater.
Hallway with stairs leading to the first floor.
Kitchen with 6 burner range (Falcon), 4 x stainless steel tables, 2 x deep fat fryers, 4 x wall mounted metal shelves, fridge (Beko), double sink drainer and stainless steel wash basin.
Small storeroom with boiler.
First Floor
Domestic Kitchen
Bathroom
4 x Double bedrooms (These can be sub-let)

Cellar (Below ground)
Main beer cellar.
The property benefits from gas central heating.
A three month rent deposit will be required and rent is to be paid monthly in advance.

External
Rear beer garden with tables & chairs, 9 picnic tables and side gates leading to the frontage. Front side parking for (2).

EPC rating D