Fotheringhay Oundle PE8 5HZ

Under Offer

Property Details

Fotheringhay Oundle PE8 5HZ

Under Offer
Description

Iconinc Public House for sale Nr Oundle

- Oundle

* Affluent Northampton Village of Fotheringhay
* Owners accommodation
* Turnover to year end April 2018 was £524,000 net of vat
* Multiple trading areas with a modern conservatory
* Car parking and well appointed beer garden

LOCATION
Fotheringhay is a village and civil parish in Northamptonshire, six kilometres (3.7 mi) north-east of Oundle and around 16 kilometres (9.9 mi) west of Peterborough. It is most noted for being the site of Fotheringhay (or Fotheringay) Castle which was razed in 1627. There is nothing left of the castle to be seen today other than the motte on which it was built that provides excellent views of the River Nene.
Fotheringhay is also where Mary, Queen of Scots, was tried and beheaded in 1587, and her body lay there for some months before its burial at Peterborough Cathedral and then its final burial in Westminster Abbey.

DESCRIPTION
A well appointed 2 storey brick and stone built property under pitched slate covered roofs, w/c’s and storage and with separate coach house for functions. The main property comprises 4 main trading areas and benefits from very well appointed owners accommodation to the first floor. The side garden is landscaped and sides on to the main street, with a range of tables and chairs and complete with an outside bbq and pizza oven for summer catering events.

Turnover to year end April 2018 was £524,000 net of vat

ACCOMMODATION
The accommodation comprises as follows:-
Ground floor;-
Tap room/public bar – bar servery and open fire place – with its own entrance to the side
Main bar area – 25 covers and bar stool seating – open fires either side of the room
Restaurant – 20 covers – tiled floor and feature bay window
Conservatory – 25 covers – views over the garden
Ancilliary areas – recently fitted catering kitchen and still room. Gents w/c’s, with ladies w/c on the first floor.
Coach House;- meeting room or private dining for circa 20 people, ladies and gents w/c’s.
Additional space to include;- ancilliary store rooms, bin storage area and basement beer cellar.
Owners accommodation:-
Located on the first floor and comprising, well appointed kitchen, bathroom, living room and 2 bedrooms.

SERVICES
Mains water and electric are connected to the property with gas on LPG and drainage via a tanked system. The services have not been tested by the agents.

TERMS
Offered for sale as a going concern freehold with vacant possession, the transfer of undertakings will apply (TUPE) to the staff.
Stock will be purchased at valuation on completion day.

OUTGOINGS
According to the valuation office agency website the current rateable value is £45,500 per annum.

VAT
The property is opted to tax, meaning that VAT will be added to the purchase price.

LEGAL COSTS
Both Parties will be responsible for their own legal costs.

PARKING NOTES
The Car park offers approximately 30 spaces for patrons to the rear of the property.

PLANNING
The current planning allows for A4 public house with premises licence. Planning enquiries should be directed to the relevant local authority.

OTHER
Finance may be available through Independent Financial Brokers and Moores Commercial would be pleased to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

VIEWING
Viewing is strictly by prior appointment via the agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com

Moores Commercial offer a unique personal service helping clients with all aspects of commercial property across the Midlands