£15,000 pa
(£7.50/sq. ft. pa)
Leisure/hospitality to letThe Black Horse, Main Street, Cold Ashby, Northampton NN6
2,000 sq. ft
About this property
Shell specification ready for Tenant Fitout
Renovated First Floor living accommodation with independent access
25 year Fri lease at £15,000 per annum subject to £15,000 premium payment
Alternatively For Sale Freehold at offers in the region of £250,000
Estimated Rates Payable: £1280
Description
Property comprises a detached public house constructed in brick under pitched tiled roof. The property benefits from main bar, basement cellar which includes barrel drop, snug with access to male or female WC as well as trade garden. The first floor living accommodation includes three double bedrooms, lounge, kitchen, bathroom and roof terrace and has been renovated to a good standard. Externally the property has a tarmacadam car park with space for six vehicles plus trade garden with seating potential for 30, an oil tank, patio, barbecue area log shed, metal storage building, smoking shelter and bin store.
Location
The village of Cold Ashby is located approximately 16 miles west of Kettering via the A14 and 12 miles from Rugby to the west and Northampton to the south approximately 16 miles away, within the Daventry district of Northamptonshire
Terms
For sale at offers in the region of £250,000 or to lease: £15,000 per annum (plus VAT if applicable). Based on a full repairing and insuring lease for a term of 25 years and subject to a premium payment of £15,000 (plus VAT if applicable). The lease will contain 3 yearly upward only rent reviews to “Market Rent” or the rpi increase over the intervening period (whichever is the higher). Other terms including the size of rent-deposit required will depend on the applicant. The owner will give consideration to tenant break clauses during the term of the lease and also the possibility of an option to purchase. Note: Asset of community value - By virtue of a listing on the 12th of February 2021 on behalf of a local community group. Prospective purchasers or tenants should look into the implications of the Listing when considering the property.
Property comprises a detached public house constructed in brick under pitched tiled roof. The property benefits from main bar, basement cellar which includes barrel drop, snug with access to male or female WC as well as trade garden. The first floor living accommodation includes three double bedrooms, lounge, kitchen, bathroom and roof terrace and has been renovated to a good standard. Externally the property has a tarmacadam car park with space for six vehicles plus trade garden with seating potential for 30, an oil tank, patio, barbecue area log shed, metal storage building, smoking shelter and bin store.
Location
The village of Cold Ashby is located approximately 16 miles west of Kettering via the A14 and 12 miles from Rugby to the west and Northampton to the south approximately 16 miles away, within the Daventry district of Northamptonshire
Terms
For sale at offers in the region of £250,000 or to lease: £15,000 per annum (plus VAT if applicable). Based on a full repairing and insuring lease for a term of 25 years and subject to a premium payment of £15,000 (plus VAT if applicable). The lease will contain 3 yearly upward only rent reviews to “Market Rent” or the rpi increase over the intervening period (whichever is the higher). Other terms including the size of rent-deposit required will depend on the applicant. The owner will give consideration to tenant break clauses during the term of the lease and also the possibility of an option to purchase. Note: Asset of community value - By virtue of a listing on the 12th of February 2021 on behalf of a local community group. Prospective purchasers or tenants should look into the implications of the Listing when considering the property.
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