Investment for sale - All Inn, 1 Staple Hill Road, Bristol, BS16 5AA

<strong>Description</strong><br>The property comprises the ground, basement and first floor of a two storey detached building of brick elevations beneath a pitched and hipped roof.<br><br><strong>Accommodation</strong><br>Ground Floor: The ground floor provides an open plan trading area with a centralbar servery and seating on loose tables, chairs and bench seating for 94 customers. Ancillary areas include a trade kitchen, customer WC's and stores to the rear.<br /> <br /> First Floor: The first floor comprises the customer WC's, office, kitchen stores, function room with seating for 46 customers and the managers flat with a bathroom and kitchen.<br /> <br /> Basement: The basement provides a cellar and stores.<br /> <br /> Externally: There is an enclosed customer area to the rear with seating on loose tables and chairs for 70 customers. Additional seating is provided to the front elevation for a further 40 customers. There is no car parking.<br><br><strong>Tenure</strong><br>The property is held freehold (Title Number AV210788).<br><br><strong>Tennancy</strong><br>The entire property is let to The All Inn Pub Ltd on a 20 year lease from 1 March2023 at a current rent of £100,000 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year). A rent deposit of £415 is held by the landlord.<br><br><strong>Planning</strong><br>The property is not listed however it is situated within the Stapleton & Frome Valley Conservation Area.<br><br><strong>VAT</strong><br>It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.<br><br><strong>EPC</strong><br>D - 76<br><br><strong>Terms</strong><br>We are instructed to invite offers in excess of £1,250,000 (7.82% NIY)assuming the usual purchasers costs.<br><br><strong>Fixtures and Fittings</strong><br>The fixtures and fittings are currently owned by the occupational tenant.<br><br><strong>Money Laundering</strong><br>Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.<br><br><strong>Similar Investment Opportunities</strong><br>If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing: https://sites.savills.com/stonegateportfolio<br><br>