Available
Waterrow – Public House with Letting Accommodation
The Rock Inn, Waterrow, Taunton TA4 2AXFreehold Public House with Letting Accommodation Investment
Price
£450,000
Rent P.A.
£29,900
Yield
6.64%
Tenure
Freehold
Lease Term
6 Years 11 Months
Years Left on Lease
6y 2m
Area
4,200 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises public house with restaurant and 8 en-suite letting rooms
- Property benefits from car park and outdoor seating areas
- Situated within a wooded valley opposite a bridge with a small river tone flowing beneath and idyllic setting close to Exmoor Nation Park.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises large public house with restaurant, owner’s accommodation and 8 letting rooms. The property benefits from customer car park and outdoor seating, providing the following accommodation and dimensions:
Ground Floor: Open plan bar & restaurant, kitchen, customer wc`s
First Floor: 8 en-suite letting rooms, storage
Second Floor: 1-bedroom owner` accommodation with office
Total area size: 390 sq m (4,200 sq ft)
Ground Floor: Open plan bar & restaurant, kitchen, customer wc`s
First Floor: 8 en-suite letting rooms, storage
Second Floor: 1-bedroom owner` accommodation with office
Total area size: 390 sq m (4,200 sq ft)
Tenancy Description
The property is at present let to Slater & Slater Pubs Co Ltd for a term of 6 years 11 months from 17th June 2024 at a current rent of £29,900 p.a. Rent review every 3rd year open market upward only. Tenant option to determine on 17.06.27 min 6 months notice. Deposit held of £6,000.
Tenancies & Accommodation
Location Description
Waterrow is a local parish of Chipstable, a village and civil parish in Somerset, England, situated beside Heydon Hill 10 miles (16.1 km) west of Taunton. The Rock Inn is positioned within a wooded valley opposite a bridge with a small river tone flowing beneath and idyllic setting close to the Exmoor Nation Park. Surrounded by countryside yet within 3 miles from the small county town of Wiveliscombe.
