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White Hart 19 Fore St 4,930 sq ft 100% Let Retail Property Cullompton EX15 1JS £380,000 (£77.08/sq ft)
Investment Highlights
- Comprises public house with large function room, 3 letting rooms, studio flat and 2-bedroom managers flat
- Prime Location
- Located in the town centre with occupiers nearby including Cullompton Library, Nisa Local, Premier and more
Executive Summary
Comprises mid-terrace public house with full commercial kitchen, bar, dining and play area, 3 en-suite letting rooms and 3-bed owner`s accommodation.
Ground Floor: Large dining area, open bar, commercial kitchen and WC’s. First Floor: Large function room, staff room 3 en-suite letting rooms and
separate WCs. Second Floor: 1-bedroom flat with living room, shower, WC and 2-bedroom flat with residential kitchen, shared bathroom and WCs.
The property is at present let to an Individual for a term of 6 Years 11 Months from 7th October 2024 at a current rent of £28,800* p.a. and the lease contains full repairing and
insuring covenants. Rent review every 3rd year open market upward only. No breaks. Deposit held of £5,000.
Ground Floor: Large dining area, open bar, commercial kitchen and WC’s. First Floor: Large function room, staff room 3 en-suite letting rooms and
separate WCs. Second Floor: 1-bedroom flat with living room, shower, WC and 2-bedroom flat with residential kitchen, shared bathroom and WCs.
The property is at present let to an Individual for a term of 6 Years 11 Months from 7th October 2024 at a current rent of £28,800* p.a. and the lease contains full repairing and
insuring covenants. Rent review every 3rd year open market upward only. No breaks. Deposit held of £5,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
4,930 sq ft
Costar Property Class
B
Year Built
1980
Price
£380,000
Price per sq ft
£77.08
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.13
Total Plot Size
0.10 ac
Parking
3 Spaces (0.61 Spaces per 1,000 sq ft Leased)
Amenities
- Courtyard
- Restaurant
- Signage
- Storage Space
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Nearby Major Retailers
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White Hart | 19 Fore St
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