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Non quoting

Pub/bar for sale

Calthwaite, Penrith CA11
1 sq. ft

Non quoting

Pub/bar for sale
Calthwaite, Penrith CA11

    • 1 sq. ft

About this property

    Eden Valley village
    Close to tourist attractions
    Main bar (45), restaurant (22)
    Sizeable trade garden (80)
    4 en suite letting bedrooms
    New free-of-tie lease
    Leasehold nil premium


    Term: Seven years (although a longer lease can be negotiated to the right applicant).
    Landlord & tenant act 1954: Outside Part II Landlord & Tenant Act 1954.
    Assignability: Non assignable.
    Bond: A bond equivalent to 3 months rent in advance.
    Rent: £18,000 per annum, paid monthly in advance.
    Rent review: Subject to rent reviews every third year of the term.
    Repair liability: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the main structure of the building. The lessee will be responsible for all other repair and maintenance including re-decoration.
    Tie: Free of all trade ties.
    Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
    VAT: VAT will not be payable on the Premium and rental payments.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

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