Description The King Charles Tavern is an attractive Grade II listed three storey end of terrace property of rendered stone construction beneath various pitched tiled roofs with extensions to the side. The property is arranged over basement, ground, first, second and third floors. 
 
The ground floor trading area is in good standard throughout and comprises a main bar/ restaurant area with approximately 58 covers with informal drinking at the main bar area. Ancillary areas include a good sized commercial kitchen with associated stores, cooled cellar at basement level and customer W/C’s. 
 
The first floor is accessed through the ground floor and comprises a family bathroom, office and three double bedrooms. 
 
The second and third floors offer further residential accommodation benefitting from its own private access from the first floor. On the second floor there is a family bathroom, living room and kitchen. The third floor comprises of two double bedrooms. 
 
Externally, the property benefits from a small trade garden for approximately 10 covers. 
 
The property sits on a plot size of 0.043 of an acre and has a Gross Internal Area of approximately 4,000 square feet. Sale Price £450,000 plus VAT. Freehold available with full vacant possession. Letting Terms - A 5 year non-major repairing tenancy, excluded from the security of tenure provisions of the Landlord and Tenant Act 1954. 
- Rent: £26,000 pa plus VAT, subject to annual RPI indexation. 
- Free of Tie for all drinks and machines. 
- Pub, bar or restaurant use. Planning The King Charles Tavern is a Grade II listed property and falls within West Berkshire Conservation Area. All planning enquiries should be made to West Berkshire Council. Rateable Value The current Rateable Value is assessed £27,500. EPC The pub has an EPC rating of D-77. Trading The premises are currently open for trading. Premises Licence It is understood that the property currently possesses a Premises Licence. Further details are available upon request. Services We are verbally advised that all mains and services are connected to the property. Fixtures and Fittings Trade fixtures and fittings may be available at a separately negotiated price. Any branded or leased items and any items owned by third parties will be excluded. VAT VAT will be applicable on the sale/rent of this property. Money Laundering Money Laundering Regulations require Savills to conduct checks upon all purchasers/lessees. Prospective purchaser/lessees will need to provide proof of identity and residence. Viewings All viewings must be arranged strictly by appointment with the sole selling agent Savills. Please contact either William Baker or Charlie Noad.

Leisure for sale - King Charles Tavern, 54 Cheap Street, Newbury, RG14 5BX

The premises comprise a fully refurbished trade counter unit of steel portal frame construction under a pitched roof, a steel shutter loading door, WC and parking facilities on site.

Key Specifications: 
- 3 Phase power
- Translucent roof panels
- LED lighting
- Separate personnel door
- Steel shutter loading door
- Allocated car parking.

Highly Prominent Trade Unit To Let in Newbury

Leisure to let - King Charles Tavern, 54 Cheap Street, Newbury, RG14 5BX

Description A detached restaurant property that benefits from two distinct trading areas with an open plan customer area on the ground floor and Chef's Table and living accommodation on the first floor. 
 
The ground floor offers direct front access, with the customer area positioned close to the high-specification open trade kitchen and pass, creating a vibrant and connected dining experience. The customer areas are finished to a high standard and benefit from a combination of loose and fixed seating. Ancillary space includes customer WCs (including accessible). The kitchen benefits from a preparation and wash-up areas with purpose built single storey refrigeration and two storage areas to the rear. 
 
The first floor is accessed via a wide stairwell which opens on to a landing space; immediately to the front is a glazed partitioned function and events room ("Chef's Table") with its own cooking station, preparation and service counters. 
 
The remaining rooms can be configured to suit and are currently configured to provide private living space including a bathroom, reception, galley kitchen and bedroom. 
 
The property sits on a plot of approximately 0.393 acres. Specifications The property is connected to mains electricity, water and drainage. *The property does not currently benefit from central heating which will be connected via installation of a ground source heat pump once terms are agreed. The property benefits from a recently installed central log burning stove. The kitchen used induction. Viewings The business is currently closed. Please visit the location before requesting a formal viewing, strictly by appointment with Savills. Terms Leasehold: Rental offers are invited for the benefit of a new free of tie lease with terms to be agreed. Security will be required which will include a rent deposit. 
Freehold: Offers are invited for the sale of the freehold interest (title BK192072). Planning & Conservation The former public house benefits from Class E Commercial restaurant use under the Town and Country Planning (Use Classes) Order 1987 (as amended), application 23/00108/FUL (granted 25th May 2023). Rateable Value & EPC Rateable Value 2023 - £27,500 (this is not the rates payable). Energy Performance Certificate is in the process of completion. The Business The property has up until September 2025 been operated under a lease agreement as "Damson", an independent Michelin Guide restaurant. 
There will be no financial information available nor warranted. Fixtures & Fittings The majority of loose items of fixtures and fittings are subject to separate ownership and are potentially available to purchase. A detailed inventory is available to review.

Commercial Property in Newbury

Leisure for sale - King Charles Tavern, 54 Cheap Street, Newbury, RG14 5BX

Highly Prominent Trade Unit To Let in Newbury

Leisure to let - King Charles Tavern, 54 Cheap Street, Newbury, RG14 5BX

Retail to let - Former Winterbourne Arms/Damson, Winterbourne, Newbury, RG20 8BB