Property photos
Freehold
Non quoting
Leisure/hospitality for sale
The Black Horse, Main Street, Cold Ashby, Northampton NN62,000 sq. ft
Local area information
Property location
Nearby amenities
- Guilsborough Academy 1.7 miles
- Naseby Church of England Primary Academy 2.3 miles
- Long Buckby 6.4 miles
- Market Harborough 8.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Key Points
Free house with three double bedroom living accommodation Approximately 40 covers plus basement cellar and kitchen (under construction) Business rates exempt for qualifying small businesses 25 year Fri lease at £15,000 per annum subject to £50,000 payment for fixtures and fittings Freehold offers may be considered
Description
Property comprises a detached public house constructed in brick under pitched tiled roof. The property benefits from a main bar and snug, new kitchen (under construction), living accommodation and a private car park and beer garden.
Location
The village of Cold Ashby is located approximately 16 miles west of Kettering via the A14 and 12 miles from Rugby to the west and Northampton to the south approximately 16 miles away, within the Daventry district of Northamptonshire
Terms
Freehold Sale with vacant Possession: Offers are to be invited in excess of £350,000 plus VAT (We are informed that VAT is applicable to 90% of the selling price for qualifying community organisations during 1st moratorium period).
To lease: £15,000 per annum (plus VAT if applicable). Based on a full repairing and insuring lease for a term of 25 years and subject to a premium payment of £50,000 (plus VAT if applicable) for fixtures and fittings, good will and contribution towards property renovation. The lease will contain 3 yearly upward only rent reviews to “Market Rent” or the rpi increase over the intervening period (whichever is the higher). Other terms including the size of rent-deposit required will depend on the applicant.
Note: Asset of community value - By virtue of a listing on the 12th of February 2021 on behalf of a local community group. Prospective purchasers or tenants should look into the implications of the Listing when considering the property.
Description
Property comprises a detached public house constructed in brick under pitched tiled roof. The property benefits from a main bar and snug, new kitchen (under construction), living accommodation and a private car park and beer garden.
Location
The village of Cold Ashby is located approximately 16 miles west of Kettering via the A14 and 12 miles from Rugby to the west and Northampton to the south approximately 16 miles away, within the Daventry district of Northamptonshire
Terms
Freehold Sale with vacant Possession: Offers are to be invited in excess of £350,000 plus VAT (We are informed that VAT is applicable to 90% of the selling price for qualifying community organisations during 1st moratorium period).
To lease: £15,000 per annum (plus VAT if applicable). Based on a full repairing and insuring lease for a term of 25 years and subject to a premium payment of £50,000 (plus VAT if applicable) for fixtures and fittings, good will and contribution towards property renovation. The lease will contain 3 yearly upward only rent reviews to “Market Rent” or the rpi increase over the intervening period (whichever is the higher). Other terms including the size of rent-deposit required will depend on the applicant.
Note: Asset of community value - By virtue of a listing on the 12th of February 2021 on behalf of a local community group. Prospective purchasers or tenants should look into the implications of the Listing when considering the property.
More information
Listed by
Hadland Chartered Surveyors
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