Public Houses for sale in Southminster

View the "Lease available for superb refurbished freehouse located in charming Essex village." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Lease available for superb refurbished freehouse located in charming Essex village.

Southminster, Essex, England

  • Leasehold Price: £67,500
Seller Reference: BRADWELLKH
Request DetailsEmail email
Business Description
 
 
 
 
 
 
 
Image 1 of 7 video_library
Seller Reference: BRADWELLKH
Request Details
Business Description
• 'Free of tie' lease available for assignment - passing rent £26,004 per annum
• Historic pub recently comprehensively refurbished
• Beautiful village on the Dengie peninsula, popular with tourists
• Kings Head unopposed within Bradwell-on-Sea
• Dedicated parking for c. 15 vehicles
• EPC Rating: F (139)

Property
The Kings Head is believed to date back to the 1500s and is predominantly brick-built with timber framing under a tiled roof.

The historic building has recently been subject to a comprehensive refurbishment programme and boasts a variety of stunning medieval period features such as timber framing and exposed beams, an inglenook fireplace and wood-burning stoves. The bar area has been tastefully modernised and has a central wooden-panelled servery as well as access to male and female WCs. A conservatory to the rear overlooks the courtyard. The back of house includes a ground floor cellar and well-equipped commercial trade kitchen with extraction.

On the first floor, one of the most impressive assets of the property is the delightful function room, which could cater to around 20 covers and features a vaulted ceiling with exposed rafters and wood-burning stove. The private managers accommodation comprises 3 bedrooms, a large living room, domestic kitchen and bathroom.

Outside, a trade courtyard overlooks a large, enclosed lawn area with children's climbing frame. Two outbuildings, both former stables, provide a wealth of storage space. A dedicated tarmacadam car park provides spaces for c. 15 vehicles.

Measurements
The area of the site is 0.83 acres and the gross external area (GEA) of the public house is 175m² (1,886ft²). The combined GEA for the outbuildings is 123m² (1331ft²). Measurements are taken from digital mapping and are approximate.

Planning
We are advised the public house building is not Listed but the site does fall within a Conservation Area. Both of the former stables/brewhouse outbuildings are Grade II Listed. Interested parties are recommended to make their own enquiries to Maldon District Council.

Tenure
The property is held on a 'free of tie' lease commencing on 1st April 2017 for a term of 5 years. The passing rent is £26,004 p/a (payable monthly).

We are advised that the Landlord is amendable to agreeing an extension to the lease as part of the assignment process.

Premium
The vendor is inviting offers in the region of £67,500 for the leasehold interest of the business including the remaining lease term, goodwill and full trade inventory. Stock at valuation will be payable in addition on completion.

Rates & Charges
The business rates payable are £9,360 per annum (based upon a Rateable Value of £19,500)
Tenure:
Leasehold
Location Details:
Bradwell-on-Sea is a village located on the south bank of the River Blackwater where it meets the North Sea. The village is on the Dengie Peninsula and is located about 5.6 miles north-northeast of Southminster and 19 miles east from the county town of Chelmsford. The Kings Head is located on the High Street at the heart of the village, opposite St Thomas Parish Church.
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Note: Please select your full postcode from address menu

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder image
loder image