Non quoting
Pub/bar for sale21 London Street, Basingstoke RG21
1,703 sq. ft
Freehold
About this property
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
Estimated Rates Payable: £8108.75
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.
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.
Tenancy Information
The current lease is let to Rhu Bar Limited on a 10 year lease term from 9th September 2019. The passing rent is £26,000 per annum exclusive. There is an upwards only rent review of 9th September 2024.
Further lease documentation can be provided by Curchod & Co upon request.
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.
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.
Tenancy Information
The current lease is let to Rhu Bar Limited on a 10 year lease term from 9th September 2019. The passing rent is £26,000 per annum exclusive. There is an upwards only rent review of 9th September 2024.
Further lease documentation can be provided by Curchod & Co upon request.
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