Easton On The Hill Stamford PE9 3NS

For Lease £25,000 P.A.

Property Details

Easton On The Hill Stamford PE9 3NS

For Lease £25,000 P.A.
Description

Licensed cafe/tea room/ Deli - Near Stamford

- Stamford

* Ground Floor of well appointed Grade 2 listed former public house
* Would suit village café/tea room
* Outside seating area and fully equipped kitchen
* First Floor letting room let separately
* Alternative uses (STPP) considered.

LOCATION
Located on the Main Street through the Village of Easton on the Hill, in East Northamptonshire and bordering Rutland, Stamford (Lincolnshire) and Cambridgeshire. Stamford is approximately 2 miles to the North East, passing underneath the A1 North and South bound around 1 mile from the property in the same direction. To the South West the A43 will find Corby and Kettering via Weldon. From Duddington the A43 meets the A47 which runs East to West connecting Leicester via Uppingham and Peterborough.

DESCRIPTION
The original Public house was refurbished to a high standard around 8 years ago by a well known local licensed trade operator. The property offers excellent road frontage and ample car parking for around 40 cars. The business has 6 well appointed en suite letting bedrooms which are operated independently and are not included in this letting, enclosed landscaped patio area and multiple ground floor trading rooms.

ACCOMMODATION
The licensed premises boasts a range of trading areas to include as follows:-
* Main L-shaped lounge bar area with bar servery (30 covers)
* Conservatory (30 covers)
* Further restaurant area (20 covers)
* Front garden with tables and chair
* Rear patio area with tables and chairs

SERVICES
We are advised that all mains services are connected to the property with the exception of gas which is on LPG. These services have not been inspected or tested by the agent.

TERMS
The ground floor demise is offered for let on a new 10 year lease at a passing rent of £25,000 per annum plus VAT – there is a premium for fixtures and fittings of £15,000. A 3 month rent deposit will be required and rent is paid quarterly in advance.

OUTGOINGS
Interested parties are advised to make their own enquiries with the relevant billing authority.

VAT
The property is opted to tax and will be subject to vat on the premium and rent.

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

PARKING NOTES
There is ample on site parking for the current needs of the licensed premises.

PLANNING
The property benefits from full planning permission to operate as a public house with premises licence under the A4 use class.

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 sole 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