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The Black Horse, Main Street

Cold Ashby, Northampton, NN6 6EL

The Black Horse, Main Street, Northampton, Other To Let / For Sale - Exterior Front.jpg
Property Type Other
Tenure To Let / For Sale
Size 2,000 sq ft
Price Price on application
Rent £15,000 per annum Plus £50,000 for Fixtures and Fittings
Business Rates £0.64 per sq ft based on projected 2023 revaluation.
Service Charge n/a
Energy Performance Rating This property has been graded as D (89)

Detached village pub with living accommodation, carpark and beer garden.

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.

Available area

Main bar including pool table carpeted flooring central heating boiler open brick feature fireplace dartboard television wall lights ceiling lights ceiling fan and wooden main bar surgery. Basement cellar which includes barrel drop python system and cooler. Snug with seating for 18, wooden flooring television and extension of the bar servery which is to be adapted and open brick feature fireplace and access to male or female WC as well as trade garden. New kitchen is presently under construction The first floor living accommodation includes three double bedrooms lounge kitchen bathroom and balcony and has been renovated to a good standard. Externally the property has a tarmacadam car park with space for six vehicles plus trade garden with seating for 30, an oil tank, patio, barbecue area log shed, metal storage building, smoking shelter and bin store.

Name sq ft sq m Availability
Ground - Public House 1,000 92.90 Available
1st - Living accommodation 1,000 92.90 Available

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.