SOMERSET – CHARACTER VILLAGE FREEHOUSE WITH FUNCTION ROOM, OFF MAJOR TRUNK ROAD

  • Leasehold Price: £1
For Sale
Yeovil, Somerset, England
Seller Ref:94706
For Sale

SOMERSET – CHARACTER VILLAGE FREEHOUSE WITH FUNCTION ROOM, OFF MAJOR TRUNK ROAD

Yeovil, Somerset, England
Seller Ref:94706
  • Leasehold Price: £1

Overview

Seller Ref: 94706

Description

Fine period stone village freehouse
Near London to West Country trunk road
Character bar and dining areas, function room/skittle alley
2/3 bedroom owners accommodation
Lawned beer garden (60) and car park (15)
Available on new free of tie lease

Leasehold Terms:
LEASEHOLD - Nil premium. TERM - 7 years. LANDLORD & TENANT ACT 1954 - Inside Part II Landlord & Tenant Act 1954. ASSIGNABILITY - Fully assignable subject to Landlord’s consent. Such consent not to be unreasonably withheld. BOND - The successful Tenant will be required to lodge with the Landlord a bond equivalent to a quarter’s rent in advance. RENT - £22,200 per annum, paid monthly in advance. RENT REVIEW - Every 3 years at Open Market Rent. REPAIR LIABILITY - Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property. RENT FREE PERIOD - The Landlord is offering a 3 month rent free period for a successful new covenant. FIXTURES & FITTINGS - Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair) on a like-for-like basis. TIE - Free of all trade ties. INSURANCE - The Landlord will insure the building and the contents included within the Inventory, the cost of which will be charged to the Tenant by way of an Insurance Rent. VAT - VAT will not be payable on the rental payments.
Number of Bedrooms:
2
Location Details:
The Camelot, Chapel Road. South Cadbury, BA22 7EX
Is this business relocatable:
No
Is accommodation included:
Yes
Is stock included:
NA
Website address:
https://www.sidneyphillips.co.uk/business-detail/94706

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