Investment for sale - Crown Inn, 2 Bathford Hill, Bathford, Bath, BA1 7SL

<strong>Description</strong><br>The property comprises the ground, basement and first floor of a two storey detached building with stone elevations beneath a part flat and part pitched roof.<br><br><strong>Accommodation</strong><br>Basement: The basement provides cellar and stores.<br /> <br /> Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and stools for 80 customers. To the rear is a games area with pool table. Ancillary areas include a trade kitchen, customer WC's and stores to the rear. In addition there is an unused barn which is currently used for storage.<br /> <br /> First Floor: The first floor provides the managers accommodation which comprises four bedrooms, lounge, kitchen and bathroom.<br /> <br /> Externally: There is a beer garden to the rear with seating on loose tables, chairs and covered booths for 100 customers alongside a children's play area. There is a further beer garden to the front elevation with a covered gazebo providing seating for an additional 30 customers. There is also parking to the front for 10 vehicles.<br><br><strong>Tenure</strong><br>The property is held freehold (Title Numbers ST144722 & AV165384).<br><br><strong>Tenancy</strong><br>Entire property let to Vanequest Limited on a 20 year lease from 16 July 2024 at a current rent of £85,526 per annum which is subject to five yearly open market rent reviews and annual RPI increases with a collar of 2% and a cap of 6% (except in the open market review year). A rent deposit of £21,099 is held by the landlord.<br><br><strong>Planning</strong><br>The property is Grade II Listed and is situated within the Bathford Conservation Area.<br><br><strong>Fixtures & Fittings</strong><br>The fixtures and fittings are currently owned by the occupational tenant.<br><br><strong>EPC</strong><br>D-81<br><br><strong>Terms</strong><br>We are instructed to invite offers in excess of £950,000 (8.52% NIY) assuming the usual purchasers costs.<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>Money Laundering</strong><br>Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.<br><br><strong>Viewings</strong><br>All viewings must be made by prior appointment. For further information and all viewing requests please contact the sole selling agents Savills.<br><br>