📣 𝗛𝗘𝗥𝗘𝗙𝗢𝗥𝗗 𝗡𝗘𝗪𝗦 | For Sale The Barrels Pub

[Hereford Voice]

Savills Have Listed One Of Hereford's Most Popular Pubs For Sale.

Savills have been instructed to invite offers in excess of £895,000.

▪️Freehold public house investment for sale let until February 2033 at a current rent of £71,321 per annum.

The property comprises the ground, basement and two upper floors of a two storey detached building with painted rendered and brick elevations beneath a pitched and hipped roof.

▪️Accommodation
Ground Floor: The ground floor provides two interconnecting trading areas with a bar servery and seating for 58 customers. To the rear of the property there is a function room with seating for 44 customers. Ancillary areas include a trade kitchen and customer WC's.

First Floor: The first floor comprises three double bedrooms, kitchen, bathroom, office, WC and storage. To the rear is a skittle alley with seating for 16 customers.

Second Floor: The second floor comprises two bedrooms.

Basement: The basement provides a cellar and stores.

Externally: There is an enclosed customer area to the rear with seating on loose tables and chairs for 118 customers. No additional seating is provided to the front elevation. There is no car parking.

▪️Tenure
The property is held freehold (Title Number HE13265).

▪️Tenancy
The entire property is let to Erasmus Inns Limited on a lease expiring 27 February 2033 at a current rent of £71,321 per annum which is subject to annual RPI increases with a collar of 2% and cap of 5%. A rent deposit of £10,363 is held by the landlord.

▪️Planning
The property is Grade II Listed and is situated within the Hereford Central Conservation Area.

 
▪️Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

Details - https://search.savills.com/property-detail/gb0456s287502