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Agent's details

Green Man, Village Road, UB9

For sale: £925,000.00|0.12 Acre|Other, Pubs/Bars/Clubs, Other Property Types & Opportunities, Licensed & Leisure

Property details

FOR SALE£925,000.00
SIZE0.12 Acre
ADDRESSGreen Man, Village Road, Uxbridge, UB9 5BH
TYPEOther, Pubs/Bars/Clubs, Other Property Types & Opportunities, Licensed & Leisure
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON11th April 2024

Description

Key Points

  • Freehold public house investment
  • Entire property let to a private individual
  • Current rent of £65,500 per annum
  • Lease expires June 2032
  • The rent is subject to five yearly open market rent reviews
  • We are instructed to invite offers in excess of £925,000 (6.70% NIY)
  • Business unaffected by sale
  • Summary

    Freehold Public House Investment For Sale

    Description

    The property comprises the ground and first floor of a two storey mid terrace building with brick elevations beneath a pitched roof. The property has been extended to the rear.

    Ground Floor: The ground floor provides a bar area to the front and dining room to the rear with a bar servery to the side and seating on loose tables and chairs for 50 customers. Ancillary areas include a trade kitchen, customer WCs and beer cellar.

    First Floor: The first floor provides manager’s accommodation comprising three bedrooms, kitchen, living room, bathroom and WC.

    Externally: There is a large trade patio to the rear with a separate bar servery, which is partly covered by a marquee with seating on loose tables and chairs for 50 customers.

    Additional seating is provided to the front elevation for a further 12 customers.

    Location

    Located in the attractive village of Denham in the county of Buckinghamshire, 7 miles (11 kilometres) north of Slough and 19 miles (30 kilometres) north west of central London.

    The Green Man is situated fronting Village Road in the village centre with nearby operators including The Swan, Falcon and Da Remo Italian restaurant.

    Tenure

    The property is held freehold (Title Number BM210178).

    Tenancy

    The entire property is let to a private individual on a 20 year lease from 7 June 2012 at a current rent of £64,000 per annum which is subject to five yearly open market reviews.

    Planning

    The property is Grade II Listed and is situated within The Denham Conservation Area.

    VAT

    It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis that the purchasing entity is VAT registered.

    EPC

    An EPC is in the course of preparation.

    Terms

    We are instructed to invite offers in excess of £925,000 (6.70% NIY) assuming the usual purchasers costs.

    Money Laundering

    Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.

    Viewings & Contacts

    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.

    For further information and all viewing requests please contact the sole selling agents Savills.

    Virtual Tour

    https://vt.ehouse.co.uk/rq3LutM46so

    Fixtures & Fittings

    The fixtures and fittings are currently owned by the occupational tenant.

    Location

    marker
    Location: Green Man, Village Road, Uxbridge, UB9 5BH

    Uxbridge (2.0 miles)

    Hillingdon (2.4 miles)

    Ickenham (2.5 miles)

    Denham (0.4 miles)

    Denham Golf Club (1.1 miles)

    West Ruislip (2.5 miles)

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