SL5 Dog & Partridge, 92 Upper Village Road, Sunninghill, Ascot

Freehold public house investment for sale let until April 2042 at a rent of £70,458 per annum

The property comprises the ground and first floor of a two storey detached building with painted brick elevations beneath a part pitched and part flat roof.

Please see the link below to access the Virtual Tour:

https://vt.ehouse.co.uk/tq9T6qPFWH2

The property is held freehold (Title Number BK323664).

The entire property is let to two private individuals on a 20 year lease from 22 April 2022 at a current rent of £70,458 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 1% and cap of 4% (except in the open market review year). A rent deposit of £16,610 is held by the landlord.

The property is not listed or situated within a conservation area.

It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

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We are instructed to invite offers in excess of £850,000 (7.85% NIY) assuming the usual purchaser's costs.

The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.

Entire property let to two private individuals

Property arranged over two levels extending to 4,031 Sq Ft (375 Sq M)

We are instructed to invite offers in excess of £850,000 (7.85% NIY)

Lease expires April 2042

The rent is subject to five yearly open market rent reviews and annual RPI increases with a collar of 1% and cap of 4% (except in the open market review year)

Business unaffected by sale

Located in the village of Sunninghill in the county of Berkshire, 7.7 miles (12.4 kilometres) south west of Windsor and 28.4 miles (45.7 kilometres) west of London.

The Dog & Partridge is situated fronting Upper Village Road in a densely populated residential area which is a short distance north west of the local High Street and 1.5 miles (2.3 kilometres) south east of Ascot Racecourse.