Treehouse, 35 Aylesbury End, HP9

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Key Points

Summary

Freehold public house investment for sale let until October 2041 at a rent of £63,654 per annum

Description

The property comprises the ground and first floor of a two storey terraced building with painted rendered elevations beneath a pitched roof.

Location

Located in the market town of Beaconsfield in the county of Buckinghamshire, 10.3 miles (16.6 kilometres) north of Slough and 23.4 miles (37.7 kilometres) west of London.

The Treehouse is situated fronting Aylesbury Road (B474) just off the High Street, in a mixed residential and commercial area where operators such as Pizza Express, Giggling Squid and The Crazy Bear Hotel are located.

Availability_text

The accommodation comprises the following areas:

Virtual Tour

Please see the link below to access the Virtual Tour:

https://vt.ehouse.co.uk/JerTBQ4RHm1

Accommodation

Ground Floor: The ground floor provides an open plan trading area with central bar servery around a number of interlinking trade areas with seating on loose tables and chairs for 60 customers. Ancillary areas includes customer WC's, cellar and dry store.

First Floor: The first floor comprises two bedrooms, lounge, kitchen and a bathroom.

Externally: There is an enclosed patio trade area to the rear with seating on loose tables and chairs for 23 customers.

Tenure

The property is held freehold (Title Number BM261884).

Tenancy

The entire property is let to Sarih London Trading Ltd on a 20 year lease from 1 October 2021 at a current rent of £63,654 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 1% and cap of 3% (except in the open market review year). A rent deposit of £15,802 is held by the landlord.

Planning

The property is not listed but is situated within Beaconsfield Old Town 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 the purchasing entity is VAT registered.

EPC

C-75

Terms

We are instructed to invite offers in excess of £810,000 (7.45% NIY) assuming the usual purchasers costs.

Fixtures & Fittings

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

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

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.