Available
Great Cheverell – Public House with Letting Accommodation
The Bell Inn, 57 High Street, Great Cheverell, Wiltshire SN10 5THFreehold Public House with Letting Accommodation & Retail Shop Investment
Price
£400,000
Rent P.A.
£32,520
Yield
8.13%
Tenure
Freehold
Lease Term
6 Years 11 Months
Years Left on Lease
6y
Area
4,300 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises Grade II Listed public house with farm shop, letting rooms and large owner`s flat
- Property benefits from parking area at front and large outside garden
- Situated within the High Street of the village which has a population of 1000 people
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises large public house with 4-bed owner`s flat and 3 en-suite letting rooms. The property includes a retail farm shop and provides the following accommodation:
Ground Floor: Bar area, dining area, kitchen, farm shop
First/Second Floor: 4-bed managers flat, 3 en-suite rooms
Total area size: 400 sq m (4,300 sq ft)
Ground Floor: Bar area, dining area, kitchen, farm shop
First/Second Floor: 4-bed managers flat, 3 en-suite rooms
Total area size: 400 sq m (4,300 sq ft)
Tenancy Description
The entire property is at present let to an Individual for a term of 6 Years and 11 Months from 10th March 2023 at a current rent of £32,520 per annum and the lease contains full repairing and insuring covenants. Rent review on 01.07.25 and 01.07.28 open market upward only. Tenant option to determine on 10.03.26 with min 6 months notice. Deposit held of £5,500.
Tenancies & Accommodation
Location Description
Great Cheverell is a village and civil parish in Wiltshire, England, 5 miles (8.0 km) south of Devizes. The Bell Inn is a late 18th Century building with characteristics which in recent times has been adapted to incorporate a village shop. Situated within the High Street of the village which has a population of 1000 people, this is an attractive village with many fine properties.
