The property is prominently situated on the west side of Royal Hill at the junction with Hyde Vale within an affluent and attractive residential suburb. Greenwich Park, home to The Royal Observatory and to Greenwich Meantime, is some 300 metres to the east. The National Maritime Museum and the former Royal Navy Colleges and the world famous Cutty Sark are approximately 750 metres north. Together with the park these buildings form a UNESCO World Heritage Site.
The property is prominently situated on the west side of Royal Hill at the junction with Hyde Vale within an affluent and attractive residential suburb. Greenwich Park, home to The Royal Observatory and to Greenwich Meantime, is some 300 metres to the east. The National Maritime Museum and the former Royal Navy Colleges and the world famous Cutty Sark are approximately 750 metres north. Together with the park these buildings form a UNESCO World Heritage Site.
Tenure
Freehold.
Description
The property is an attractive traditional public house building comprising a PUBLIC HOUSE on the ground floor and ANCILLARY ACCOMMODATION on the first and second floors. There is a BEER CELLAR and ANCILLARY ACCOMMODATION in the basement.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is an attractive traditional public house building comprising a PUBLIC HOUSE on the ground floor and ANCILLARY ACCOMMODATION on the first and second floors. There is a BEER CELLAR and ANCILLARY ACCOMMODATION in the basement.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
35 years from completion until 2046 on a full repairing and insuring lease (2)(3)
£60,000
2016 and 5 yearly
Totals
418.00 sq m
(4,497 sq ft)
£60,000
(1) For the year ended 30th September 2009, Enterprise Inns plc reported a turnover of £818,000,000, a pre-tax profit before exceptional items of £208,000,000 and net assets of £951,000,000. (Source: Company Website Year End Report)(2) The lease provides for a tenant’s option to determine the lease on the 25th anniversary of the term on giving at least six months written notice.(3) The property has been sub-let on a tied lease to JCFL Limited.