Investment for sale - Woolpack Inn, Sopley, Christchurch, BH23 7AX

<strong>Description</strong><br>The property comprises the ground and first floor of a two storey detached building with painted brick elevations beneath a part thatched and part pitched roof.<br><br><strong>Accommodation</strong><br>Ground Floor: The ground floor provides an open plan trading area with an L-shaped bar servery and seating on loose tables, chairs and bench seating for 84 customers. Ancillary areas include a trade kitchen, customer WC's and stores to the rear.<br /> <br /> First Floor: The first floor comprises part of the manager’s flat, including three bedrooms, lounge, kitchen and bathroom.<br /> <br /> Externally: There is seating on wooden benches for 120 customers and parking to the rear for 35 vehicles. An external barn is used for storage.<br><br><strong>Tenure</strong><br>The property is held freehold (Title Numbers HP598465 & HP256447).<br><br><strong>Tenancy</strong><br>The entire property is let to The Woolpack Inn (Sopley) Limited on a 20 year lease from 8 December 2021 at a current rent of £100,027 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 4% (except in the open market review year). A rent deposit of £22,645 is held by the landlord.<br><br><strong>Planning</strong><br>The property is Grade II Listed and is situated within the Sopley 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>B - 40<br><br><strong>Terms</strong><br>We are instructed to invite offers in excess of £1,060,000 (8.92% 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><strong>Viewings</strong><br>All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.<br /> <br /> For further information and all viewing requests please contact the sole selling agents Savills.<br><br>