VIEWING White Lion Inn Strictly by appointment only through Fleurets Birmingham Office. Coventry Road, Pailton, Rugby, Warwickshire LOCATION CV23 0QD The attractive village of Pailton lies within the triangle of M6, M69 and A5 close to the Warwickshire/Leicestershire county border. The larger towns of Lutterworth (5 miles to the East) and Rugby (7 miles to the South) are To Let easily accessible. Coventry, Hinckley and Nuneaton are also all within easy reach. Nil Premium DESCRIPTION · Desirable and accessible rural village The White Lion is a substantial detached property of rendered brick under · Destination food house potential a pitched, tiled roof. The main building offers the trading area, 3 en-suite · Six en-suite letting rooms letting rooms on the first floor and lessees private accommodation. There is an annexe adjacent to the main building offering a further 3 en-suite · Ample car parking letting rooms and storage space. There is a small patio to the front of the pub and parking for approximately 45 vehicles. SOLE LETTING RIGHTS REF: M-112148 TRADE TENURE No trade is sold or represented. A new Free-of-Tie Lease is offered by Wellington Pub Company. ACCOMMODATION Terms to be negotiated. Ground Floor Guide Rent: £35,000 per annum (subject to board approval). Internally, a central timber bar servery serves the whole of the trading area, which whilst all inter-linked, is in different sections, largely as a The lessee will also lodge a bond equal to 3 months rental plus the result of the two brick built fireplaces. Mock and authentic beams add equivalent of 18% VAT. character and there is cushioned perimeter bench seating in the majority of the trading area. POTENTIAL INVESTMENT AVAILABLE Subject to the successful applicant's proposals and the terms of the To the rear is the former kitchen area (which is a good size and fully agreed lease, there is a potential for the Landlords to contribute towards tiled but now completely unfitted). the refurbishment and repositioning of the business. The customer toilets lie off a small corridor to the side. LICENCE A premises licence prevails, the main licensable activities being:- Sale by retail of alcohol for consumption on and off the premises: Monday to Sunday 10.00 am to 02.00 am BUSINESS RATES & COUNCIL TAX The property is in an area administered by Rugby Borough Council. The 2017 Rateable Value has been assessed at £30,000. The domestic accommodation is with Band A for Council Tax purposes. SERVICES We are verbally advised that all mains services are available. REQUIRED CAPITAL Applicants must be able to demonstrate minimum capital to cover purchase of the landlord’s inventory, stock and glassware at valuation, Letting Rooms pay one quarter’s rent and insurance and cover legal fees and working capital. The property has six letting rooms, three of which are on the first floor (a twin, a single and an inter-linked family room) and three (all small APPLICATION PROCEDURE double/twins) in the adjacent annexe. All have ensuite facilities. Applicants are requested to complete a Criterion Asset Management Application Form and provide a Business Plan, Cashflow Forecast and Living Accommodation evidence of funding prior to interview. To obtain an Application Form, contact Fleurets Birmingham Office on 0121 236 5252. The private quarters comprise 2 double bedrooms, a living room with patio doors out to a section of flat roof, domestic kitchen and bathroom. FURTHER INFORMATION The lessee will be responsible for a contribution of £1,200 +VAT Basement towards the landlord’s reasonable legal costs. Small barrel vaulted beer cellar. All prices quoted and offers made shall be deemed to be exclusive of VAT and VAT will be added where applicable. In most cases VAT is reclaimable. Prospective purchasers should consult their accountant for professional advice in this respect. EPC The property has an EPC rating of D. 2nd Floor, Charles House, 148-149 Great Charles Street Queensway, Birmingham B3 3HT T 0121 236 5252 E [email protected] fleurets.com - Our Reference: M-112148 © Copyright Fleurets 2017 FURTHER INFORMATION For further information please contact: Andy Tudor at our Birmingham office on 0121 236 5252 or email [email protected] DISCLAIMER Fleurets Limited for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants 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 of them; (iii) no person in the employment of Fleurets Limited has any authority to make or give any representation or warranty whatever in relation to this property. 2nd Floor, Charles House, 148-149 Great Charles Street Queensway, Birmingham B3 3HT T 0121 236 5252 E [email protected] fleurets.com - Our Reference: M-112148 © Copyright Fleurets 2017 .