Rates Payable A Rateable Value of £63,500.

EPC Rating This property has been graded as B (34)

Description

The Talbot Inn is an impressive end of terrace building, of traditional brickwork construction and set beneath a pitched tiled roof. The Talbot currently operates primarily as a food led pub, offering seating for approximately 20 guests at the bar and a further 70 covers across the ground floor.
There is a separately accessed space known as the Hayloft, which serves as a private function room. This section features attractive exposed timber beams and high ceilings, this space provides a bright, characterful environment, ideal for a variety of occasions. The ground floor is accessed from a brick courtyard area which also could be reconfigured to provide parking if required. The premises would suit a variety of alternative uses, subject to necessary planning permission being obtained.
The upper parts comprise two self contained 2 bedroom flats, both accessed at first floor level but with one providing accommodation on the second floor level as well.

Viewings

Viewings are available strictly by appointment only.

VAT

VAT may be applicable on the terms quoted.

Legal Costs

Each party to be responsible for their own legal costs.

Tenancies

The freehold interest in the Talbot Inn is available potentially with vacant possession. However, the existing business may also be available by way of an assignment of the current effective full repairing lease. The lease has approximately 8 years remaining at a passing rent of £80,000 per annum exclusive.

The two self contained flats produce a combined rental income of £30,240 per annum. Accordingly, the property as a whole currently generates a total combined income of £110,240 per annum.