£475,000
(£475,000.00/sq. ft)
Pub/bar for saleBroadway, Bridgwater TA7
1 sq. ft
About this property
The Leather & Lace Bar & Grill occupies a central position in the attractive Somerset village of Chilton Polden. It is situated on the Broadway, the main road through the village which runs parallel with the A39 and connects the nearby towns of Glastonbury and Bridgwater. Junction 23 of the M5 motorway can be accessed near Bridgwater via the A39 and is 5 miles distant.
The town of Bridgwater is 6 miles west and Glastonbury10 miles east. Chilton Polden is also close to England's smallest city, Wells, as well as the Somerset coastline and the towns of Burnham-on-Sea and Weston-SuperMare. The village is close to the Somerset Levels and the rspb Nature Reserve managed by the Somerset Wildlife Trust. Chilton Polden is situated on the Polden Hills, from which the village gets its name. The Hills are a raised elevation and extend for approximately 10 miles, dwarfing the surrounding Somerset Levels.
The village has a population of around 700 residents and continues to expand with the construction of a modern housing development by Persimmon Homes on the ground immediately adjoining The Leather & Lace Bar & Grill.
The business occupies a notable two-storey detached property under rendered elevations with a pitched slate roof. The property has undergone a transformation in recent years, having formerly been known as The White Hart.
Tenure & price
Freehold £475,000 to include goodwill and fixtures and fittings. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Or, alternatively
leasehold:Nil Premium / Offers Invited for the fixtures and fittings
term:Seven years
landlord & tenant act 1954:Inside Part II Landlord & Tenant Act 1954
assignability:Fully assignable subject to Landlord’s consent
bond:A bond equivalent to three months’ rent in advance
rent:£24,000 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 structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
Fixtures & fittings:Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair).
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 rental payments
The town of Bridgwater is 6 miles west and Glastonbury10 miles east. Chilton Polden is also close to England's smallest city, Wells, as well as the Somerset coastline and the towns of Burnham-on-Sea and Weston-SuperMare. The village is close to the Somerset Levels and the rspb Nature Reserve managed by the Somerset Wildlife Trust. Chilton Polden is situated on the Polden Hills, from which the village gets its name. The Hills are a raised elevation and extend for approximately 10 miles, dwarfing the surrounding Somerset Levels.
The village has a population of around 700 residents and continues to expand with the construction of a modern housing development by Persimmon Homes on the ground immediately adjoining The Leather & Lace Bar & Grill.
The business occupies a notable two-storey detached property under rendered elevations with a pitched slate roof. The property has undergone a transformation in recent years, having formerly been known as The White Hart.
Tenure & price
Freehold £475,000 to include goodwill and fixtures and fittings. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Or, alternatively
leasehold:Nil Premium / Offers Invited for the fixtures and fittings
term:Seven years
landlord & tenant act 1954:Inside Part II Landlord & Tenant Act 1954
assignability:Fully assignable subject to Landlord’s consent
bond:A bond equivalent to three months’ rent in advance
rent:£24,000 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 structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
Fixtures & fittings:Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair).
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 rental payments
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