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Development land to let - Development Land & Kings Head Pub, Church Street, Rudgwick, Horsham, RH12 3EB

Development Land & Kings Head Pub, Rudgwick, Horsham, RH12 3EB

Development land to let - Development Land & Kings Head Pub, Church Street, Rudgwick, Horsham, RH12 3EB
Photos via Savills
Tenure
freehold
Listed
1 month ago

Property Description

<strong>Description</strong><br>The development land is located opposite the Kings Head pub which comprises a detached two storey building, above basement, with part wooden, brick and tiled elevations beneath a pitched and hipped tiled roof. The property is arranged over ground, basement and first floor levels. <br /> <br /> Externally there is trade garden to the front of the property which overlooks Church Street with seating for 40 covers. In addition, the property sits on a large plot extending to 2.179 acres in which there is a large car park opposite the property for approximately 50 vehicles.<br><br><strong>Planning</strong><br>The site benefits from a positive pre-planning application for nine new dwellings together with private and communal amenity space, waste storage and associated landscaping for the land located to the west of the site, which was submitted in January 2020. The proposed development land excludes the existing pub and car park having become vacant recently, therefore there is scope to deliver a larger scheme. Further planning information is available upon request. <br /> <br /> The Kings Head pub is Grade II Listed and situated within Rudgwick Conservation Area.<br><br><strong>Pub Accommodation</strong><br>Ground Floor: The ground floor provides an open plan trading area with a single corner bar servery and seating on loose tables and chairs for approximately 50 customers. Ancillary areas comprise the ladies and gentlemen’s WC’s. <br /> <br /> Basement: The basement is accessed via an internal stairs and comprises the trade kitchen, stores and beer cellar.<br /> <br /> First Floor: The first floor comprises the private living accommodation with three rooms and a bathroom.<br /> <br /> Externally: Externally there is an enclosed beer garden to the front that overlooks Church Street (B2128) with seating for approximately 40 customers.<br><br><strong>Tenure</strong><br>The development land and pub are held on a 1000 year lease at a peppercorn rent (Title Number WSX257821) as outlined in red on the above promap. Please note that our client also owns the freehold of the land outlined in blue on the above promap (Title Number WSX257823).<br><br><strong>Rateable Value</strong><br>Pub 2023 Rateable Value - £4,750.<br><br><strong>EPC</strong><br>Pub: C - 73<br><br><strong>Licensing</strong><br>The pub has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol on the following times:<br /> Monday to Saturday: 10:00 - 23:00 <br /> Sunday: 12:00 - 22:30<br><br><strong>Fixtures and Fittings</strong><br>The pub fixtures and fittings can be included by way of separate negotiation.<br><br><strong>Terms</strong><br>Guide price of £750,000 for our client’s long leasehold interest in the development land and adjoining pub with vacant possession. Alternatively, the pub is available by way of a new free of tie lease at a guide rent of £35,000 per annum on terms to be agreed.<br><br><strong>VAT</strong><br>VAT will be applicable.<br><br><strong>Money Laundering</strong><br>Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers and tenants. Prospective purchasers and tenants will need to provide proof of identity and residence.<br><br><strong>Photography</strong><br>Please note the pub photography was taken while the business was open and trading however, it has since closed.<br><br><strong>Viewings</strong><br>All viewings must be made by prior appointment as the pub is now closed.<br /> <br /> For further information and all viewing requests please contact the sole selling agents Savills.<br><br>
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Location

📍 Development Land & Kings Head Pub, Rudgwick, RH12 3EBOpen in Google Maps →