Golden Boar, Freckenham
Leasehold for Sale
Rent: Passing Rent £34,000 Ex VAT per annum
Price: Offers in the Region of £60,000 Ex VAT exc VAT
Established 16th century coaching inn, located 7 miles away from Newmarket.
- 436 sq m Gross External Area - (4,693 sq ft)
- Leasehold sale inclusive of trade fixtures & fittings and goodwill
- Bar, restaurant and function room- c. 90 covers
- 6 well-appointed ensuite letting rooms plus private flat
- Large garden with wonderful aspect/views
- Well-equipped commercial with adjoining prep room
- Site area- 0.76 acres (approx)
- EPC Rating: E (112)
Freckenham is a picturesque village situated within close proximity to both Newmarket (7 miles) and Bury St Edmunds (15 miles). There is direct access on to the A11.The Golden Boar is located at the heart of the village and holds an unopposed position.
The Golden Boar is a detached 2 storey property. The ground floor provides a largely open plan bar and restaurant area. The dining area provides around 30 covers with the bar area a further 25. Adjoining the restaurant is a separate room with double doors which can either be used for private dining, functions, or as part of the main restaurant and provides for a further 40 covers. The bar area benefits from exposed timbers and an inglenook fireplace fitted with a multi fuel burner. The WCs are also located on the ground floor. To the rear, on the ground floor, is a substantial and well equipped commercial trade kitchen with ample storage, chillers, surfaces and a separate wash up area joining the kitchen. There is a large basement level cellar and bottle store with an external drop, at street level, which is located next to the kitchen at the rear of the property.
The 1st floor provides for 4 ensuite letting rooms (2 twin and 2 single). In addition there are 2 further letting rooms externally in a free standing, brick built outbuilding (1 double with disabled facilities and access and 1 twin). Adjoining these is a large storage area, laundry facilities and an office. The private accommodation, again on the 1st floor, provide a large living room and separate bedroom. In addition there is a kitchenette, bathroom and separate toilet. There is a private stairway access to 2 attic rooms and boiler room on 2nd floor.
Externally the property provides a side patio with access to the restaurant, a 21 marked parking space concrete car park at the front of the property with a further grassed overflow car park, to the rear of the property, with space for 10-15 cars. To the side of the property is a grassed, enclosed, trade garden with 7 benches on patio standings and children's play equipment. In addition there is also a large double garage.
The area of the site, as measured from digital mapping, is approximately 3098 m² and the ground floor footprint- inclusive of the rear storage, rooms and garage- extends to 463 m² (approx).
We are advised that the property is Grade ll listed and falls within a Conservation Area. Prospective purchasers are advised to make their own enquiries to West Suffolk District Council www.westsuffolk.gov.uk or on 01638 719000.
Fixtures & Fittings
All trade fixtures and fittings will be included in the sale. An inventory can be agreed between the 2 parties and annexed to the sale contract.
The property is held under a tied lease, at a current rent of £34,000, exc VAT, within the Landlord & Tenant Act (1954), for a period of 25 years beginning in 2008. Full lease information can be provided on request.
Rates & Charges
Business Rates£6,655.50 per annum (based on a Rateable Value of £13,500)
Council Tax£1172.62 per annum (Council Tax Band: B )