Pheasant, 59 Station Lane, Oughtibridge, Sheffield, S35 0HS

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

Location
Located in the village of Oughtibridge, in the county of South Yorkshire, 5.8 miles (9.3 kilometres) north of Sheffield and 35.9 miles (57.4 kilometres) east of Manchester.

The Pheasant is situated fronting Station Lane in a residential area which is a short distance east of the centre of the village with a number of independent pubs.

Accommodation
Ground Floor: The ground floor provides an open plan trading area with a central bar servery seating on loose tables, chairs and benches for 65 customers. Ancillary accommodation includes catering kitchen and customer WC’s.

Basement: Cellar and Stores.

First Floor: The first floor provides a two bedroom managers flat with kitchen, lounge, bathroom and a number of stores.

Externally: There is a beer patio to the front for 20 customers and car parking for 10 vehicles to the rear.

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



Tenure
The property is held freehold (Title Number SYK317776).

Tenancy
The entire property is let to a private individual on a 20 year lease from 21 April 2022 at a current rent of £43,890 which is subject to five yearly open market reviews and annual uncapped RPI increase (except in the open market review year). A rent deposit of £9,542 is held by the landlord.

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

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
C - 70

Terms
We are instructed to invite offers in excess of £555,000 (7.55% 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.

Similar Investment Opportunities
If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing:

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.