Historic pub with accommodation in Lechlade on Thames Gloucestershire available for sale

Description

Market town centre pubTwo barsThree or four bedroom owner accommodationTrade gardenCoach house with three en suite letting bedroomsCurrently closed and requiring refurbishmentLechlade is located on the River Thames in the Upper Thames Valley at the meeting point of the Thames and River LeachThe town has a population of over 3,000 and the property is situated on the main streetThe Crown Inn is a terraced Grade II listed property dating from the early 17th century, arranged over three storeys with a pitched tile roof and rear access via a coaching archGround floor includes two bars and a kitchenFirst floor provides three bedrooms and three bathroomsAdditional letting accommodation includes three en suite bedrooms in a separate coach houseRear trade garden availableThe property has been closed for over two years and requires refurbishmentTrade areasMain bar with timber flooring, exposed beams, stone walls and bar servery, seating approximately 20Rear bar with similar features, capacity for approximately 30Customer toiletsKitchen fitted to domestic standardOwner accommodationFirst floor includes lounge, kitchen area, two double bedrooms including one with en suite and dressing room, and a family shower roomSecond floor provides additional accommodation with two large rooms, small kitchen area and shower roomLetting accommodationThree double en suite letting rooms in a separate coach houseExternalRear access via coaching archService areas to the rearBeer garden with partial cover and capacity for approximately 50 customersBusinessClosed for over two years with no trading accounts availableFreehold £295,000 subject to overage agreement for 80 yearsAdditional payment of £100,000 if residential use is approvedLeasehold option availableNo premiumTerm negotiableWithin Landlord and Tenant Act 1954Assignable subject to landlord consentBond equivalent to six months rent plus guarantors if requiredRent £24,000 per annumRent review annually in line with RPIFull repairing and insuring leaseFree of tieInsurance payable by tenantVAT applicablePremises licence in place