The New Inn, Leam Terrace, Leamington Spa, CV31 1DW
For Sale : GBP 160000
Details
Property Type
Ask agent
Description
Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A
Key Features: • Annual rent of £72,000 • 70/30 wet/dry respectively • 3 double bed owner's accommodation • Large beer garden seating 100+ • Featured in CAMRA’S Good Beer Guide 2024 • Characterful bar and seating areas. Energy Rating D • Christie & Co Ref: 5854408
Location: • Nearest Station: Leamington Spa Station • Distance to Station: 0.7 miles
Agent Information: • Address: Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS
Full Description: DescriptionThe New Inn in Leamington Spa is a traditional pub dating back to 1860. The pub offers a great selection of real ales and delicious home-cooked food, making it a popular spot for locals and visitors alike.LocationThe New Inn is situated a mile east of Leamington town centre, accessible via Radford Road. It is situated circa 10 minutes’ drive from the M40 which connects London to Birmingham, providing easy access to and from major cities.Internal DetailsThe property is set over three storeys. The ground floor has a main bar and dining area, with additional seating to the side and a full commercial kitchen. There are approximately 80 covers indoors and to the rear is male and female WC’s. At first floor level there is immaculately presented owners accommodation with two double bedrooms, a lounge and kitchen. To the second floor is a further double bedroom, family bathroom and office.Fixtures & FittingsAll fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.External DetailsExternally, there is an extensive beer garden with outdoor heating and a landscaped garden. Additionally, there are two outdoor stores currently used for storage.The OpportunityThis is a fantastic opportunity to take over a one of the only wet led pubs in the affluent Leamington Spa. It has a great reputation with locals and visitors alike and offers a true turnkey opportunity.The business is on reduced hours during the week so there is the opportunity to increase these trading hours.StaffThe business is currently owner operated with a complement of full and part-time staff.Trading InformationFurther details can be provided upon request.Trading HoursTuesday & Wednesday: 12pm - 3pm / 5pm - 11pmThursday: 12pm - 11pmFriday & Saturday: 12pm - 12amSunday: 12pm - 11pmBusiness RatesThe Rateable Value is £16,750 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.RegulatoryPremises licence.Energy Performance CertificatesEPC 1
Location
Address
The New Inn, Leam Terrace, Leamington Spa, CV31 1DW
City
Leamington Spa
Features And Finishes
Annual rent of £72,000, 70/30 wet/dry respectively, 3 double bed owner's accommodation, Large beer garden seating 100+, Featured in CAMRA’S Good Beer Guide 2024, Characterful bar and seating areas. Energy Rating D, Christie & Co Ref: 5854408
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Real Estate Broker
Christie & Co, Pubs & Restaurants
Brokerage
Christie & Co, Pubs & Restaurants
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