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London Inn School Road 1,697 SF of Assignment Available in Summercourt TR8 5EA
ASSIGNMENT HIGHLIGHTS
- Unopposed Village Inn
- 2 bed accommodation with lounge and office
- £5,000 premium to include existing inventory
- Public bar (32)
- 0.36 acre site with customer car park
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- RENTAL RATE
- TYPE
| Space | Size | Rental Rate | Rent Type | |||
| Ground | 1,697 SF | $19.73 CAD/SF/YR $1.64 CAD/SF/MO $33,478 CAD/YR $2,790 CAD/MO | Fully Repairing & Insuring |
Ground
Offered by way of a new 5-year assignable lease on a full repair and insure basis. There is a minimum order of all products of £32,000 per annum. Premium £5,000 plus VAT. Please note that this does not include the landlords legal costs of c£5,000 to be paid on agreement of terms, with the reminder at completion. 3-month rent (based on year 4) as deposit. Rent schedule: - Year 1: £18,000 Year 2: £18,500 Year 3: £19,000 Year 4: £19,500
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Drinking Establishment
- Space is an outparcel at this property
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 1,697 SF | Gross Leasable Area | 1,697 SF |
| Property Type | Retail | Year Built | 1890 |
| Property Subtype | Bar |
| Total Space Available | 1,697 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 1,697 SF |
| Year Built | 1890 |
ABOUT THE PROPERTY
The London Inn is a traditional village inn in the village of Summercourt with easy access onto the A30 which is nearby. A one bar operation there is a public bar, commercial kitchen, customer car park and space for a beer garden. There is 2/3 bed accommodation and the venue is available by way of a 5 year lease, with light touch brewery tie to award winning Keltek Brewery. The building has double glazing and gas fired (LPG) central heating.
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London Inn | School Road
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