Brave New World, 22-26 Berrylands Road, Surbiton, KT5 8RA
Offers in Excess of
£1,500,000
£3164.56 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
474-7,588 sq ft
44-705 sq m
- SECTOR
Pub for sale
Key features
- Freehold and part leasehold public house
- Substantial trading accommodation with large function room and catering kitchen
- Property arranged over 4 levels extending to 7,588 Sq Ft (705 Sq M)
- Affluent area with strong underlying property values
- 11 x letting bedrooms and 1 x 2 bed apartment which are all individually let on the upper floors
- Potential rental income of £96,564 per annum from the residential elements of the building when fully let
- Leasehold element is held on a lease expiring on 10th December 2037* at a current rent of £21,000 pa
- External beer terrace to the rear
- Offers in excess of £1,500,000 are invited for the benefit of the property
Description
Description
The three storey semi detached building is arranged over basement, ground and two upper floors and is of brick construction under a pitched slate covered roof.
Externally to the rear is terrace used for customer seating which is currently laid out for 14 covers.
Location
Located in the affluent commuter town of Surbiton, Brave New World is nestled between the A240 Ewell Road and King Charles Road, just a short walk from Surbiton Railway Station, providing direct access to Central London in under 20 minutes. The area benefits from its proximity to Kingston upon Thames, a thriving commercial and retail hub with a wealth of amenities, including Kingston University, which boasts a student population of over 15,000.
The location is surrounded by a vibrant mix of local businesses, including popular cafes, independent shops, and restaurants. Additionally, the nearby Green Lane offers picturesque green spaces and parks, adding to the area's charm.
Tenure
22-24 Berryfields Road is held freehold and includes the majority of the trading area for the ground floor bar, the WC’s, the function room, one of the basements and the 11 letting bedrooms at first and second floor.
26 Berryfields Road is held by way of a lease for a term of 15 years from 11th December 2022 at a current rent of £21,000 per annum. The rent is subject to five yearly upwards only rent reviews on the 11th December 2027 and 11th December 2032. The lease is subject to a mutual break clause on the 11th December 2027 and 11th December 2032. This includes part of the bar area at ground floor, the catering kitchen, one of the basements and the two bedroom apartment at first floor.
Tenancy
The public house operation is currently operated by the vendor so will be sold with vacant possession.
The 11 bedrooms are all currently individually let on Assured Shorthold Tenancies (AST’s) at a rent of £570 per month so when fully occupied, as they are at present, they are capable of generating a total rental income of £75,240 per annum. The 2 bedroom apartment is currently held on an AST at a rent of £21,324 per annum.
Planning
The property is not listed or located within a conservation area.
EPC
The public house and letting bedrooms have an EPC rating of B-39. The 2 bed apartment has an EPC of D-58.
Terms
Offers in excess of £1,500,000 plus VAT are invited for the benefit of the freehold and leasehold interests subject to and with the benefit of the current tenancies generated from the residential elements.
Fixtures & Fittings
The fixtures and fittings in the public house are included as part of the sale with the exception of any leased and branded items.
Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the staff working at the premises.
For further information and all viewing requests please contact the sole selling agents Savills.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.
The three storey semi detached building is arranged over basement, ground and two upper floors and is of brick construction under a pitched slate covered roof.
Externally to the rear is terrace used for customer seating which is currently laid out for 14 covers.
Location
Located in the affluent commuter town of Surbiton, Brave New World is nestled between the A240 Ewell Road and King Charles Road, just a short walk from Surbiton Railway Station, providing direct access to Central London in under 20 minutes. The area benefits from its proximity to Kingston upon Thames, a thriving commercial and retail hub with a wealth of amenities, including Kingston University, which boasts a student population of over 15,000.
The location is surrounded by a vibrant mix of local businesses, including popular cafes, independent shops, and restaurants. Additionally, the nearby Green Lane offers picturesque green spaces and parks, adding to the area's charm.
Tenure
22-24 Berryfields Road is held freehold and includes the majority of the trading area for the ground floor bar, the WC’s, the function room, one of the basements and the 11 letting bedrooms at first and second floor.
26 Berryfields Road is held by way of a lease for a term of 15 years from 11th December 2022 at a current rent of £21,000 per annum. The rent is subject to five yearly upwards only rent reviews on the 11th December 2027 and 11th December 2032. The lease is subject to a mutual break clause on the 11th December 2027 and 11th December 2032. This includes part of the bar area at ground floor, the catering kitchen, one of the basements and the two bedroom apartment at first floor.
Tenancy
The public house operation is currently operated by the vendor so will be sold with vacant possession.
The 11 bedrooms are all currently individually let on Assured Shorthold Tenancies (AST’s) at a rent of £570 per month so when fully occupied, as they are at present, they are capable of generating a total rental income of £75,240 per annum. The 2 bedroom apartment is currently held on an AST at a rent of £21,324 per annum.
Planning
The property is not listed or located within a conservation area.
EPC
The public house and letting bedrooms have an EPC rating of B-39. The 2 bed apartment has an EPC of D-58.
Terms
Offers in excess of £1,500,000 plus VAT are invited for the benefit of the freehold and leasehold interests subject to and with the benefit of the current tenancies generated from the residential elements.
Fixtures & Fittings
The fixtures and fittings in the public house are included as part of the sale with the exception of any leased and branded items.
Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the staff working at the premises.
For further information and all viewing requests please contact the sole selling agents Savills.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.
Energy Performance Certificates
EPCBrochures
Brave New World, 22-26 Berrylands Road, Surbiton, KT5 8RA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Surbiton Station0.4 miles
- Berrylands Station0.8 miles
- Tolworth Station1.3 miles
Notes
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Disclaimer - Property reference 288199-1. 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 Savills, Margaret Street - Licensed Leisure. 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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