Bladebone, Chapel Row, Bucklebury, RG7 6PD

Description
The property comprises the ground, basement and first floor of a two storey detached building with exposed brick elevations beneath a pitched and hipped roof.

Location
Located in the hamlet of Chapel Row, in the county of Berkshire, 8.4 miles (13.4 kilometres) east of Newbury and 10.4 miles (16.6 kilometres) west of Reading.

The Bladebone is situated fronting The Avenue in a mixed residential and agricultural area and adjacent to a popular independent cafe.

Virtual Tour
Please see the link below to access the Virtual Tour:


Tenure
The property is held freehold (Title Number BK368179).

Tenancy
The entire property is let to a RCS Pubs Limited on a 20 year lease from 27 February 2020 at a current rent of £71,394 per annum which is subject to five yearly open market rent reviews and annual RPI increases with a cap of 10% (except in the open market review year). A rent deposit of £11,457 is held by the landlord.

Planning
The property is not listed or situated within a conservation area.

VAT
VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

EPC
D - 79

Terms
We are instructed to invite offers in excess of £890,000 (7.60% NIY) assuming the usual purchasers costs.

Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.