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

Description

Market town centre pub Two bars Three or four bedroom owner accommodation Trade garden Coach house with three en suite letting bedrooms Currently closed and requiring refurbishment Lechlade is located on the River Thames in the Upper Thames Valley at the meeting point of the Thames and River Leach The town has a population of over 3,000 and the property is situated on the main street The 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 arch Ground floor includes two bars and a kitchen First floor provides three bedrooms and three bathrooms Additional letting accommodation includes three en suite bedrooms in a separate coach house Rear trade garden available The property has been closed for over two years and requires refurbishment Trade areas Main bar with timber flooring, exposed beams, stone walls and bar servery, seating approximately 20 Rear bar with similar features, capacity for approximately 30 Customer toilets Kitchen fitted to domestic standard Owner accommodation First floor includes lounge, kitchen area, two double bedrooms including one with en suite and dressing room, and a family shower room Second floor provides additional accommodation with two large rooms, small kitchen area and shower room Letting accommodation Three double en suite letting rooms in a separate coach house External Rear access via coaching arch Service areas to the rear Beer garden with partial cover and capacity for approximately 50 customers Business Closed for over two years with no trading accounts available Freehold £295,000 subject to overage agreement for 80 years Additional payment of £100,000 if residential use is approved Leasehold option available No premium Term negotiable Within Landlord and Tenant Act 1954 Assignable subject to landlord consent Bond equivalent to six months rent plus guarantors if required Rent £24,000 per annum Rent review annually in line with RPI Full repairing and insuring lease Free of tie Insurance payable by tenant VAT applicable Premises licence in place