LICENSED | LEISURE | COMMERCIAL
The White Horse 95 West Wycombe Road, High Wycombe, Buckinghamshire, HP11 2LR Freehold Investment For Sale O.I.E.O. £500,000 plus VAT
Sole Selling Agent
• Substantial corner position on West Wycombe Road with easy access to the Midlands and London
• Sold subject to a 10 year FRI lease expiring in 2022, at a passing rent of £29,840
• Excellent transport links to London Marylebone in under 30 minutes
• Four bedroom living accomodation with separate access towards the rear
• Five car parking spaces
• Gross External Ground Floor Area of approximately 2,300 square feet
020 7557 7844 First Floor, 36 Cranbourn Street, London, WC2H 7AD [email protected] www.jamesabaker.co.uk
The White Horse Freehold Investment For Sale 95 West Wycombe Road, High Wycombe, Buckinghamshire, HP11 2LR O.I.E.O. £500,000 plus VAT Sole Selling Agent
Location
High Wycombe is a densely populated town in Buckinghamshire located 29 miles north west of Charing Cross. High Wycombe benefits from excellent commuter and travel facilities with easy access to the Midlands and London. High Wycombe train station is 1 mile distant which benefits from direct links to London Marylebone in under 30 minutes. The pub occupies a substantial corner position on West Wycombe Road and is surrounded by mixed independent restaurants, pubs, residential dwellings and for a wider range of amenities, the town centre is nearby including Buckinghamshire New University and Eden shopping centre.
Accommodation
The White Horse is a two/three storey detached property of rendered stone construction beneath a pitched tiled roof. The basement includes two one bedrooms. The ground floor internal trading area is styled traditionally throughout and comprises a main bar, pool room, seating area for circa 30 covers and a further 15 covers in the main stage area. The first floor comprises an office, main bar, main stage and seating area for circa 35 covers with a further room for additional 15 covers. The private accommodation is situated on the first floor which comprises a kitchen, double bedroom, bathroom and living area. The property benefits from separate access to the rear which leads to the upper parts and basement level. Ancillary trade areas include customer W/C's, large cooled store room located at basement level. Externally the property benefits from car parking for 5 vehicles.
The pub has a Gross External Ground Floor Area of approximately 2,300 square feet and sits on a plot of 0.138 acres.
The White Horse presents an excellent opportunity to acquire a freehold investment property in High Wycombe.
020 7557 7844 First Floor, 36 Cranbourn Street, London WC2H 7AD [email protected] www.jamesabaker.co.uk
The White Horse Freehold Investment For Sale 95 West Wycombe Road, High Wycombe, Buckinghamshire, HP11 2LR O.I.E.O. £500,000 plus VAT Sole Selling Agent
General Information Rating The current Rateable Value is assessed at £13,700.
Licences It is understood that the property currently possesses a Premises Licence. Further details available upon request.
Services We are verbally advised that all mains services are connected to the property.
Trading The premises are currently open for trading.
Tenure The property is let for a term of 10 years commencing 5th January 2012. The pub is currently let to White Pubs Ltd. The passing rent is £29,840 per annum. The lease contains full repairing and insuring covenants. The lease also includes a partial tie on drink purchases.
Energy Performance Certificate The property has an EPC rating of E. A copy of the certificate is available on request.
VAT The property is elected for VAT, although, it is anticipated that this sale will be treated as a Transfer of a Going Concern (TOGC).
020 7557 7844 First Floor, 36 Cranbourn Street, London WC2H 7AD [email protected] www.jamesabaker.co.uk
The White Horse Freehold Investment For Sale 95 West Wycombe Road, High Wycombe, Buckinghamshire, O.I.E.O. £500,000 plus VAT HP11 2LR Sole Selling Agent
Agent Details For further details please contact William Baker Surveyor, London 07415716580
Richard Tole Director, London 07917 088 221
Disclaimer JAMES A BAKER for themselves and for the vendors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute part of an offer or contract. 2. Descriptions, dimensions, plans, reference to condition and planning permission for use and occupation and other details are given without responsibility and intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each item. 3. It is emphasized that in these particulars of sale, items of furniture, fixtures, fittings and equipment mentioned are for descriptive purposes only and do not necessarily form part of the trade inventory referred to above. 4. No person in the employment of James A Baker has any authority to make or give representation or warranty whatsoever in relation to this property. www.jamesabaker.co.uk
020 7557 7844 First Floor, 36 Cranbourn Street, London WC2H 7AD [email protected] www.jamesabaker.co.uk Viney Ltd Reg No 04515765. Registered in England and Wales. Registered Office: The Bank, 18 Newbridge Road, Bath, BA1 3JX. VAT Reg No 752840133