Development land for sale - The Rectory, Church Way, Chesterfield, S40 1SF

<strong>Description</strong><br>The property is a substantial two storey brick-built public house with a single storey addition to the rear which sits beneath a single pitched tile and flat roof.<br /> <br /> The Rectory offers considerable scope for local, regional and national bar and public house operators. The property is very well positioned fronting Church Way in the heart of the town centre.<br><br><strong>Licencing</strong><br>The Property benefits from a premises licence permitting the sale of alcohol at the following times:<br /> <br /> • Monday to Wednesday - 10:00 to 00:00<br /> • Thursday to Saturday - 10:00 to 02:00<br /> • Sunday - 11:00 to 00:00<br><br><strong>Services</strong><br>We are verbally advised that all mains services are connected to the property.<br><br><strong>Terms</strong><br>The premises are available by way of an assignment of the existing lease which expires on 15th January 2027 at a nil premium. <br /> <br /> The passing rent is currently £ £80,448.88 per annum and further lease details, including a three month rent free period, are available to seriously interested parties upon request. <br /> <br /> The freeholder may consider offers for the freehold interest.<br><br><strong>Trading Information</strong><br>Trading accounts may be available to seriously interested parties upon request.<br><br><strong>Fixtures and Fittings</strong><br>The fixtures and fittings are currently owned by the occupational tenant.<br><br><strong>EPC</strong><br>D-93<br><br><strong>Rateable Value</strong><br>The current Rateable Value is assessed at £41,500.<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 tenants. Prospective tenants will need to provide proof of identity and residence.<br><br><strong>Viewings</strong><br>The property is currently closed and therefore all viewings must be arranged by prior appointment via the sole agents Savills.<br><br>