Basic Facts
Property ID:
3075
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Post Updated:
2019-06-24 10:41:49
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Status:
Insured
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Type:
Pub
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Tenure:
Freehold
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Gross Rent:
£ 36,771
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Lease Term:
35 years from 2004
|
VAT applicable:
Yes
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Property Description
- The property is arranged a ground floor to provide a ground floor public house with ancilliary kitchen and WC facilities.
- The first floor provides residential accomodation which is accessed from within the premises.
- The property benefits from a large car park and beer garden.
- Accomodation (Sq Ft): Ground Floor – 1,044 sq ft. First floor – 3 Rooms
Location Description
- Bedmond is a village located 4 miles south-east of Hemel Hempstead and 4 miles north of Watford and 20 miles to the north-west of Central London.
- Both the M1 (Junctions 6-8) and M25 motorways are close by, giving excellent road communications.
- The property is situated on the High Street in the village.
Additional Notes
- Tenant: Gillian Driscoll
Term: 35 years from 23/01/04. FR&I
Rent Review: 5 yearly.
- Fixed uplifts for the first 15 years and to Open Market Rental Value thereafter.
- Fixed increase at January 2009 to £36,771 p.a.
- From second increase January 2014 to £41,602 p.a.
- From thrid increase January 2019 to £46,069 p.a.
- Open market rent review from January 2024 onwards.
Features
Customer car parking
Freehold
Large plot
Residential element