Available
Yeovil – Public House
- Carpenters Arms, Vagg Lane, Chilthorne Domer, Yeovil BA21 3PXFreehold Public House Investment
Price
£380,000
Rent P.A.
£26,000
Yield
6.84%
Tenure
Freehold
Lease Term
6 Years 11 Months
Years Left on Lease
5y 11m
Area
2,630 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises ground floor public house with 3-bed owner’s accommodation at first floor
- Situated on the junction between Vagg Lane and Tintinhull Road, within 8 min drive from Yeovil.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises two-storey detached public house with 3-bed owner’s accommodation, providing the following accommodation and dimensions:
Ground Floor: Bar and restaurant areas seating over 110 covers throughout, beer garden, full kitchen, office, storage, refurnished ladies, gents and disabled WC’s. Large tarmacadam car park for 40 cars
First Floor: 3-Bed owner’s flat
Total area size 244 sq m (2,630 sq ft)
Ground Floor: Bar and restaurant areas seating over 110 covers throughout, beer garden, full kitchen, office, storage, refurnished ladies, gents and disabled WC’s. Large tarmacadam car park for 40 cars
First Floor: 3-Bed owner’s flat
Total area size 244 sq m (2,630 sq ft)
Tenancy Description
The property is at present let to an Individual for a term of 6 Years 11 Months from 1st March 2024 at a current rent of £26,000 p.a. and the lease contains full repairing and insuring covenants. Rent review every on 01.03.27 and 01.03.30 open market upward only. No breaks. Deposit held of £3,500.
Tenancies & Accommodation
Location Description
Chilthorne Domer is a village and parish in Somerset, England, situated 4 miles north-west of Yeovil in the South Somerset district. The property is situated on the junction between Vagg Lane and Tintinhull Road, within 8 min drive from Yeovil town centre.
