Rare Freehold Opportunity

Key Points

• Let to Rhu Bar Limited on a 10 year lease from 9th September 2019
• There is a possibility of the property being sold with vacant possession, subject to the Landlord and Tenant agreeing a surrender of the existing lease.
• Used as a Bar
• Located in Basingstoke Town Centre
• Subject to Contract and Without Prejudice

Description

The subject property is being used as a Bar across Ground Floor and First Floor level. There is a cellar. On the Ground Floor, there is a seating area and a bar. On the First Floor, there is an area for further seating, with a kitchenette and two W.Cs. To the rear of the property there is an external seating area, which also provides access to a self-contained first-floor area. In this area, there is a kitchen, a W.C and shower and two floors. There is rear access to the subject property.

Available area

The accommodation comprises the following areas. There is a cellar which has not been measured and has not been included in the total area below:

Location

Basingstoke is a major centre for commerce and industry with a borough population of approximately 150,000. The town is 45 miles to the southwest of London adjacent to Junctions 6 & 7 of the M3 Motorway. There is also a frequent rail service to London Waterloo, timetabled at 45 minutes.

Viewings

All viewings are to be arranged in advance with Curchod & Co.

Terms

Sale of the Freehold, subject to the existing lease.

There is a possibility of the property being sold with vacant possession, subject to the Landlord and Tenant agreeing a surrender of the existing lease.