The Portland Arms, West Street, Maidenhead, SL6 1RL
To Let - Pub/Bar Opportunity
Plus possibility of substantial B&B Income
Maidenhead town centre.
Location:
The property is situated on the north side of West Street which is immediteltly adjacent to the pedestranised High street. West Street is a busy road being just off the main town centre ring road and close to a large public car park.
Description:
The property is a detached building on ground and first floor under a pitched tiled roof. The ground floor provides bar server, kitchen area, storage and customers WCs.
The upper parts are self-contained, accessed from the rear and provide owners accommodation.
At the rear there are three self-contained en-suite letting rooms able to provide a good letting income to the property in addition to bar trade. The premises will be let with an inventory of fixtures and fittings.
Amenities:
Town Centre Location
Excellent B &B Potential
No brewery tie
Immediately Available
Business rates:
Rateable Value: £3,500 Rates Payable: £1,667 For the year 2008/09
Lease:
The property is available by way of a new full repairing and insuring lease on a new 12 year term outside the security of tenure provisions of the Landlord and Tenant Act 1954 (Part II) The lease will contain a break clause after the first 4 years should the landlords wish to devevelop the property after this period
Rent:
£30,000 per annum exclusive to include the letting rooms. Consideration will be given to letting just the pub and staff accommodation at £20,000 per annum exclusive.
Legal fees:
Each party to be responsible for their own legal costs incurred in the transaction. |
