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25 East St 5,000 sq ft Retail Property Braunton EX33 2EA £545,000 (£109/sq ft)



Investment Highlights
- Prominent public house for sale.
- Spacious property arranged over two levels extending 7,373 ft2 (685m2).
- Two bar operation and a generously sized function room.
- We are instructed to invite offers in the order of £545,000 + VAT.
- Site area of 0.56 acres (0.22 hectares).
- Two self-contained apartments.
- Development/conversion potential (STP).
Executive Summary
Prominent public house for sale Site area of 0.56 acres (0.22 hectares) Spacious property arranged over two levels extending 7,373 ft2 (685m2) Two self-contained apartments Two bar operation and a generously sized function room Development/conversion potential (STP) We are instructed to invite offers in the order of £545,000 + VAT The site falls under the sui generis pub use class. It is not listed, but is located within the Braunton conservation area, and the Dorset Area of Outstanding Natural Beauty and lies outside any designated flood risk zones.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Applicants are invited to submit rental offers for a new free of tie lease. A free of tie application form must be completed in all cases (available on request). A business plan, forecast profit and loss account and proof of funds. Rental offers are invited for a new free of tie lease. Terms will be agreed by negotiation. The lease will be protected by Part II of the Landlord and Tenant Act 1954. The rent will subject to annual increases in line with the retail price index and five yearly rent reviews. The lease is assignable after the end of the first two years and will be let on fully repairing and insuring terms. Standard free of tie Heads of Terms are available on request. Rent concessions may be available (rent free period and stepped rents) depending on the level of investment envisaged or required. The first three months' rent and other contractual charges will be payable in advance and the deposit payable will be 25% of the final agreed rent. In addition you will need to provide proof of funds for professional advice, investment and working capital - the amount will be dependent on your business plan.
| Space | Size | Space Use | Position | Available |
| Ground | 5,000 sq ft | Restaurant | Standalone | Now |
Ground
| Size |
| 5,000 sq ft |
| Space Use |
| Restaurant |
| Position |
| Standalone |
| Available |
| Now |
Ground
| Size | 5,000 sq ft |
| Space Use | Restaurant |
| Position | Standalone |
| Available | Now |
Applicants are invited to submit rental offers for a new free of tie lease. A free of tie application form must be completed in all cases (available on request). A business plan, forecast profit and loss account and proof of funds. Rental offers are invited for a new free of tie lease. Terms will be agreed by negotiation. The lease will be protected by Part II of the Landlord and Tenant Act 1954. The rent will subject to annual increases in line with the retail price index and five yearly rent reviews. The lease is assignable after the end of the first two years and will be let on fully repairing and insuring terms. Standard free of tie Heads of Terms are available on request. Rent concessions may be available (rent free period and stepped rents) depending on the level of investment envisaged or required. The first three months' rent and other contractual charges will be payable in advance and the deposit payable will be 25% of the final agreed rent. In addition you will need to provide proof of funds for professional advice, investment and working capital - the amount will be dependent on your business plan.
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25 East St
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