Available
Great Easton – Public House
The Swan Inn, The Endway, Great Easton, Essex CM6 2HGFreehold Public House Investment
Price
£450,000
Rent P.A.
£36,000
Yield
8.00%
Tenure
Freehold
Lease Term
6 Years 11 Months
Years Left on Lease
3y
Area
3,230 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises detached public house with bar & restaurant and 4 letting rooms
- Benefits from customer beer garden and large car park at rear
- The only pub in the village, situated 2 miles north of Great Dunmow and A120.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises large detached public house arranged as a ground floor pub & restaurant with 4 letting rooms at first floor. The property benefits from beer garden and large car at rear, providing the following accommodation and dimensions:
Ground Floor: Open plan bar & restaurant, kitchen, wc`s
First Floor: 4 letting rooms / owner`s accommodation
Total GIA: 300 sq m (3,230 sq ft)
Ground Floor: Open plan bar & restaurant, kitchen, wc`s
First Floor: 4 letting rooms / owner`s accommodation
Total GIA: 300 sq m (3,230 sq ft)
Tenancy Description
The property is at present let to an Individual for a term of 6 Years 11 Months from 23rd April 2021 at a current rent of £36,000 per annum and the lease contains full repairing and insuring covenants. Deposit held of £6,200.
Tenancies & Accommodation
Location Description
Great Easton is a village and civil parish in the Uttlesford district in Essex, England. Great Easton village is about 2 miles north of Great Dunmow, and the village of Little Easton is about 1 mile to the south. The village benefits from good road communications being close to the A120 which links to the M11 (Junction 8) some 7 miles to the west. London Stansted Airport is approximately 6 miles east of the town via the A120.
