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31 High Street, Metheringham, Lincoln, LN4

£260,000

£128.65 per sq ft

Business rates & charges may apply

PYGOTT & CRONE COMMERCIAL, Lincoln
SIZE AVAILABLE

2,021 sq ft

188 sq m

SECTOR

Pub for sale

Key features

  • For Sale
  • Freehold Pub Investment
  • Well known pub
  • Popular lincolnshire village
  • commercial lease in place
  • 20 year term at £23,500 pax
  • 2021 sqft

Description

An opportunity to acquire this freehold pub investment presently producing £23,500 pax.

The White Hart is an established pub located in the centre of the village. The property is a mid terraced property which includes a rear car park. The property is presently leased to a trading tenant.

Location

Metheringham is a medium sized village with a population of circa 4,500 located approximately 10 miles / 16 km south east of the city of Lincoln. The village lies 3 miles / 5 km east of the Lincoln Cliff escarpment. It is on the north-south B1188 between Ruskington and Branston and on the east-west B1202 and B1189. To the north is Dunston and to the south is Blankney. The village benefits from good public transport links and has the advantage of a railway station on the Lincoln to Sleaford line.

Accommodation

The property comprises 2 ground floor bars, a cellar, commercial kitchen with WCS. The property has a first floor 3 bedroom flat with lounge, kitchen and bathroom. The property has car parking for 4 cars to the rear. Overall GIA of 287 sqm (3089 sqft)

SERVICES

All mains services are connected to the property however no services were tested at the time of the inspection.

TENURE

The property is freehold subject to a commercial lease for 20 years from the 28th October 2020. The rent being paid is £23,500.

RATEABLE VALUE

The property has a rateable value of £2,950

CEPC

The property has a CEPC of D

VAT

The sale price is exclusive of VAT if applicable

LOCAL AUTHORITY

North Kesteven District Council

VIEWING

Contact Pygott & Crone Commercial

31 High Street, Metheringham, Lincoln, LN4

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Metheringham Station0.4 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 10352284. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PYGOTT & CRONE COMMERCIAL, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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