Black Bull Inn, 2 Teigh Road, Market Overton Oakham Rutland LE15 7PW

Black Bull Inn, 2 Teigh Road, Market Overton
Oakham
Rutland
LE15 7PW

Freehold Public House & Hotel Investment

Let until 2030
Prominent corner position in a sought after and picturesque village
Idyllic rural setting close to Rutland Water, Stamford and Oakham
Benefits from a 2 bedroom residential flat and hotel accommodation for 2 en-suite double bedrooms
Six Week Completion Period

Lot
64
Auction
18th October 2011
Rent
£28,000 per Annum Exclusive
Status
Sold
Price
£335,000
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On the instructions of J Pitt and B Moon acting as Joint Fixed Charge Receivers, BNP Paribas Real Estate

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Freehold Public House & Hotel Investment

Let until 2030
Prominent corner position in a sought after and picturesque village
Idyllic rural setting close to Rutland Water, Stamford and Oakham
Benefits from a 2 bedroom residential flat and hotel accommodation for 2 en-suite double bedrooms
Six Week Completion Period

Lot 64
Auction 18th October 2011
Rent £28,000 per Annum Exclusive
Status Sold
Price £335,000
Sector
Public House
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On the instructions of J Pitt and B Moon acting as Joint Fixed Charge Receivers, BNP Paribas Real Estate

Property Information

Location

Miles: 15 miles south-east of Melton Mowbray, 15 miles north-west of Stamford, 20 miles north-west of Peterborough
Roads: A1, A1(M), A14, M11
Rail: Oakham, Melton Mowbray
Air: Leicester

Situation

The property is situated in a prominent corner position at the junction of Teigh Road and Main Street in the traditional country village of Market Overton with beautiful views and overlooking the church.

Tenure

Freehold.

Location

Miles: 15 miles south-east of Melton Mowbray, 15 miles north-west of Stamford, 20 miles north-west of Peterborough
Roads: A1, A1(M), A14, M11
Rail: Oakham, Melton Mowbray
Air: Leicester

Situation

Tenure

Freehold.

Description

The property comprises an attractive public house benefiting from a 2 bedroom residential flat and hotel accommodation for 2 en-suite double bedrooms.

NB
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers excluding any title guarantees, warranties or indemnities. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground & First	Public House/ Ancillary & Hotel	307.30 sq m	(3,307 sq f	KEVIN ANTHONY HOUSLEY & KRISTY HOUSLEY (1)	20 years from 18/08/2010 until 2030 on a full repairing lease	£28,000	18/08/2015 and 3 yearly and 17/08/2030
Totals		307.30 sq m	(3,307 sq ft)			£28,000

(1) Kevin & Kristy Housley are the landlord and landlady of the Black Bull Inn and aim to provide the best quality food and service in a warm and relaxed atmosphere. Their 19th century inn offers tasteful decor, elegant rooms and log fires in a country surrounding. (Source: www. blackbullrutland.co.uk 19/09/2011)