COUNTY DURHAM – LEASEHOLD VILLAGE PUB

  • Leasehold Price: £30,000
Chester Le Street, Durham, England
Seller Ref:94862
For Sale

COUNTY DURHAM – LEASEHOLD VILLAGE PUB

Chester Le Street, Durham, England
Seller Ref:94862
  • Leasehold Price: £30,000

Overview

Seller Ref: 94862

Description

Village location
Large, detached building
Two trade areas (200)
Spacious owners accommodation
Large beer garden and parking
Net Turnover £260,000

Leasehold Terms:
LEASEHOLD:£30,000 to include goodwill and fixtures and fittings. Stock at valuation in addition TERM:Six years LANDLORD & TENANT ACT 1954:Inside Part II Landlord & Tenant Act 1954 ASSIGNABILITY:Fully assignable subject to Landlord’s consent BOND:A bond equivalent to 3 months’ rent in advance RENT:£22,000 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 agreement TIE:Free of all trade ties INSURANCE:The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent VAT:VAT will not be payable on the Premium and rental payments No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
Number of Bedrooms:
3
Location Details:
Cherry Tree, Bradley Close, Ouston, DH2 1TJ
Is this business relocatable:
No
Is accommodation included:
Yes
Is stock included:
NA
Website address:
https://www.sidneyphillips.co.uk/business-detail/94862

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