Available
Blandford Forum – Public House
The Stour Inn, 5 Dorchester Hill, Blandford Forum, Dorset DT11 9LHFreehold Public House Investment
Price
£350,000
Rent P.A.
£25,992
Yield
7.43%
Tenure
Freehold
Lease Term
6 Years 11 Months
Years Left on Lease
4y 9m
Area
3,000 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- Comprises public house with 5-bed owner’s accommodation
- Located next to the arterial road Fair Mile Rd, with occupiers nearby including Morrisons, Tesco Superstore, Homebase and more.
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Property Description
The property comprises a three-storey mid terrace public house with painted elevations under a pitched tiled roof. Internally the pub is traditional in style with a servery to the front right and dining area to the rear. WCs are to the left of the entrance. The kitchen and cellar are located to the rear right and can be accessed separately via a corridor leading from the front right elevation.
Ground Floor: Open plan bar & restaurant, kitchen, cellar, First/Second Floor: 5 bedrooms, kitchen, bathroom
Total area size 278 sq m (3,000 sq ft)
Ground Floor: Open plan bar & restaurant, kitchen, cellar, First/Second Floor: 5 bedrooms, kitchen, bathroom
Total area size 278 sq m (3,000 sq ft)
Tenancy Description
The property is at present let to NRCB Pubs Ltd (with personal guarantee) for a term of 6 years 11 months from 4th November 2024 at a current rent of £25,992 p.a. Rent review on 04.11.27 and 04.11.30 open market upward only. Tenant option to determine on 04.11.27 min 6 months notice. Deposit held of £4,000.
Tenancies & Accommodation
Location Description
Blandford Forum, commonly Blandford, is a market town in Dorset, England, sited by the River Stour about 13 miles northwest of Poole. Blandford lies at the junction of the A350 and A354 main roads but is skirted by an eastern bypass. The property is located next to the arterial road Fair Mile Rd, with occupiers nearby including Morrisons, Tesco Superstore, Homebase and more.
