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The White Hart Inn Main Rd
1,538 SF of Assignment Available in Ryde PO33 4DP
ASSIGNMENT HIGHLIGHTS
- Lovely village pub/restaurant, extended, refurbished and refitted to a very high standard
- Well presented, spacious 3-bedroom owner's accommodation plus large customer car park
- Strong, well established trade from circa 60 covers inside plus large garden with circa 70 covers
- Offers are invited in the region of £55,000 for the benefit of the trade fixtures, fittings and goodwill of the business
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,538 SF | Jul 2031 | $45.06 /SF/YR $3.76 /SF/MO $69,309 /YR $5,776 /MO | TBD |
Ground
The very well presented pub offers drinkers and diners a most comfortable and characterful environment to enjoy the fayre on offer. There is seating for approximately 60 in both the bar and restaurant area. TERMS Offers are invited in the region of £55,000 for the benefit of the trade fixtures, fittings and goodwill of the business, simultaneous with an assignment of the existing lease plus stock, glassware and loose catering effects at valuation on completion. THE LEASE The premises are held on a 20-year term from 1st August 2011 provided by Enterprise Inns Plc. The current passing rent of £48,004 p.a. exclusive plus VAT increases yearly by RPI, with a formal review at 5 yearly intervals. There is a trade tie on free-flow beer, however, bottled/canned beer, one guest beer, wines, spirits and alchopops, soft drinks and food are all free of product tie. PREMISES LICENCE Licence IW043952 allows for the provision of alcohol between 11.00 a.m. to midnight, Monday to Sunday.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Kitchen
- Demised WC facilities
- The property also holds a 5 star hygiene rating
- The current passing rent of £48,004 PA
- Two fireplaces
- Kitchen
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR MAIN RD , RYDE, IOW PO33 4DP
| Total Space Available | 1,538 SF | Gross Leasable Area | 1,538 SF |
| Property Type | Retail | Year Built/Renovated | 1910/2007 |
| Property Subtype | Bar |
| Total Space Available | 1,538 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 1,538 SF |
| Year Built/Renovated | 1910/2007 |
ABOUT THE PROPERTY
The very well presented pub offers drinkers and diners a most comfortable and characterful environment to enjoy the fayre on offer. There is seating for approximately 60 in both the bar and restaurant area. Diners are accommodated in an 'L' shaped restaurant, carpeted and with timber panelled walls to dado height. There are two fireplaces, including one of substantial brick construction reputedly made from the previous internal walls of the pub, and undoubtedly a focal point. To the rear of the premises is a commercial kitchen, forming part of an extension to include integrated walk-in refrigerator/freezer and cellar. The kitchen, preparation and wash-up areas are extensively fitted with commercial equipment and given the size and shape of the area, some 32m² (345 ft²), we are confident that most chefs will enjoy the convenience of this amenity, The public areas are serviced by what could be described as luxury ladies and gents wc facilities!
- Courtyard
- Restaurant
- Storage Space
Presented by
The White Hart Inn | Main Rd
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