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Bishops Lacy Inn 5 Market St 6 Room Hotel Long Sutton PE12 9DD $710,067 CAD ($118,344 CAD/Room)
INVESTMENT HIGHLIGHTS
- Chudleigh is an ancient wool town located within the Teignbridge District Council area of Devon, England between Newton Abbot and Exeter.
- High footfall
- The property is located in the town centre with occupiers close by include Post Office, Convenience Store, Estate Agents, Takeaway and more.
EXECUTIVE SUMMARY
Comprises public house arrange as a ground floor open plan bar and seating area (20ppl), full kitchen and customer WCs. First floor comprises owner`s accommodation with 2 bedrooms, kitchen and bathroom, providing the following accommodation and dimensions:
Ground Floor: Open plan bar & restaurant, kitchen, customer wc`s
First Floor: 2 bedrooms, kitchen/living room, bathroom
Total GIA: 418 sq m (4,500 sq ft)
The property is at present let to an Individual for a term of 6 Years 11 Months from 1st December 2023 at a current rent of £18,500 per annum and the lease contains full repairing and insuring covenants. Rent review on 01.12.26 and 01.12.29 open market upward only. Deposit held of £4,500.
Ground Floor: Open plan bar & restaurant, kitchen, customer wc`s
First Floor: 2 bedrooms, kitchen/living room, bathroom
Total GIA: 418 sq m (4,500 sq ft)
The property is at present let to an Individual for a term of 6 Years 11 Months from 1st December 2023 at a current rent of £18,500 per annum and the lease contains full repairing and insuring covenants. Rent review on 01.12.26 and 01.12.29 open market upward only. Deposit held of £4,500.
PROPERTY FACTS
| Price | $710,067 CAD | Building Class | B |
| Price Per Room | $118,344 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 4,305 SF |
| Tenure | Freehold | No. Rooms | 6 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1910 |
| Price | $710,067 CAD |
| Price Per Room | $118,344 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 4,305 SF |
| No. Rooms | 6 |
| No. Stories | 3 |
| Year Built | 1910 |
AMENITIES
- Restaurant
- Meeting Event Space
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 6 | $143.88 CAD | - |
1 1
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Bishops Lacy Inn | 5 Market St
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