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More details for 13 Top St, Oakham - Hospitality for Sale

Kings Arms - 13 Top St

Oakham, LE15 8SE

Hospitality for Sale
£975,000
3,250 sq ft

Restaurant

Oakham Hospitality for Sale - Wing, Rutland

Freehold Village public House for sale in Rutland Village location Freehold Price £975,000 Leasehold option available Available size - 3000 sq ft Tenure - Freehold Rateable Value - £16,000 VAT - Not applicable Legal fees - Each party to bear their own costs EPC Rating - Exempt - listed building The trading facilities provide a welcoming lounge bar with dining, with feature double aspect open hearth fireplace, exposed slate walling and beamed ceilings, access through to a restaurant barn, providing 80 plus covers in total. 8 excellent double/twin letting bedrooms with en-suite facilities. Functions/conference suite, not currently used by the current tenants. Large Car park and beer patio to the side. With 2 bedroom owners accommodation. Grade II listed building. Location - The property is located in the picturesque Rutland Village of Wing, on the Uppingham side of the County and located just off the main A6003 (main road from Oakham to Uppingham). The A6003 meets with the A47 at Uppingham, which provides good access to Peterborough and Leicester, with M1 access via the A14 Kettering. Terms - Freehold guide price - £975,000 Alternative - to let on a new fully repairing and insuring lease, based on a 15-year lease, with an initial passing rent of £60,000 per annum - plus buildings insurance. The tenant will be responsible for all utility bills on site as well as the rates liability. A deposit equal to 3 months rent will be required. Depending on circumstances a guarantor may be required.