Sandown Road, Bembridge, PO35 5PW

Pub/Bar/Club for sale

£99,950


A fantastic opportunity to purchase a popular and well traded free house public house.
Bembridge Tour

LOCATION
Situated on Sandown Road, Bembridge and on the edge of Bembridge Airfield.
DESCRIPTION
Freehouse situated on the edge of Bembridge Airfield with extensive outside space providing car parking and outside seating. Entrance is directly from Sandown Road, the main road leading into Bembridge from the Sandown / Shanklin area.

Entrance lobby leading to bar and restaurant/dining areas providing a range of seating. Well-appointed kitchen. Ladies and gents WC.

The current tenants have carried out an extensive refurbishment programme. A range of home cooked food from the menu and a daily specials board is offered.

Storage barn with electricity, drainage and water.

Offered is the balance of a 12 year lease (4.5 years elapsed) with a current rent of £15,800.
TERMS
Our clients are asking £99,950 for the balance of the lease to include fixtures, fittings and goodwill.
OUTGOINGS
UBR: £13,500. Current multiplier 0.491. Rates payable £6628.50 before any additional relief.
LEGAL COSTS
Each party to be responsible for their own legal costs.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes

Director

Lisa Mercer

Manager

Rhys King

Surveyor

Janet Morter

Negotiator

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: [email protected]