TO LETTO LET The London Inn · local shops; restaurants; residential houses and flats....

The London Inn Former White Hart

TO LETTO LETTO LETTO LET

Restaurant / Bar / Pub with A3, A4, A5 Consent (214m² / 2,311ft²)

42 Eastover, Bridgwater, Somerset, TA6 5AR

£20,000 PAX

Emma Moffatt - Commercial Sales & Lettings - 07718 563720

Lyndon Brett - Principal - Chartered Surveyor & RICS Registered Valuer - 07970 893963

Premier InnPremier InnPremier InnPremier Inn

Premier Inn has confirmed they will also be opening up a new £8.6million, 100 bed Hotel in Bridgwater located on the Gateway Business Park, with good access to J24 of the M5.

Hinkley Point Nuclear Power Hinkley Point Nuclear Power Hinkley Point Nuclear Power Hinkley Point Nuclear Power StationStationStationStation

The development and build of a NEW power station was confirmed in September 2016.

Activity has been ramping up with over 3,000 people now on site.

Hinkley Point C is said to provide 25,000 job opportunities overall and 1,000 apprenticeships.

Large contracts have been signed already and another surge of businesses are to be awarded contracts in late 2018; resulting in more people visiting the town and looking for accommodation and amenities.

EastoverEastoverEastoverEastover

Eastover has been identified as an area to be enhanced through refurbishment which prompted the ’Eastover Vision’.

MAJOR INVESTMENTS

HERE AND COMING TO

BRIDGWATER

NEWS” “Bridgwater

WHAT’S ON

• 10,000 JOBS BONANZA

FOR HINKLEY POINT.

• NEW MERCURE HOTEL

OPENING - EARLY 2019

• NEW BEST WESTERN

HOTEL FOR THE OLD

BRIDGWATER HOSPITAL

• NEW PREMIER INN

PLANNED FOR THE TOWN

• MAJOR NEW GATEWAY

BUSINESS PARK UNDERWAY

• CELEBRATION MILE AND

EASTOVER REGENERATION

PLANNED

The Vision - A new town centre quarter ‘Bridgwater Riverside’ will be created to reinvigorate the area east of the River Parrett and west of Broadway (A39). Land uses should include residential, specialist/independent retail uses, leisure (bars, cafes, restaurants) and offices.

The ‘Celebration Mile’ has identified Eastover and Bridgwater Railway Station as key areas for improvement with a much needed facelift from a multi million pound project.

Mecure HotelMecure HotelMecure HotelMecure Hotel

New 4 star Mecure Hotel, currently being built, is set to open in early 2019.

The new Hotel is set within the heart of Bridgwater and has been the first part of a wider regeneration plan for Eastover and will include 118 bedrooms. The hotel will be complemented by a Marco Pierre White Steakhouse.

The build of the Hotel is set to improve the local infrastructure and create 300 new jobs in the construction, hospitality and retail sectors.

Best WesternBest WesternBest WesternBest Western

There are also proposals to develop the former Bridgwater Hospital site for a mixed use development including a luxury 80 bedroom—Best Western Hotel as well as a child's nursery and heath clinic.

‘’Job Bananza’’ with the plans for this Hotel, and other uses, brings the potential for more local jobs and ultimately more visitors to the town encouraging spending .

Bridgwater GatewayBridgwater GatewayBridgwater GatewayBridgwater Gateway

The newest business park development on the M5 corridor and will see a range of new office and commercial buildings together with another 4* Hotel with conference facilities.



KEY FEATURES

The Former White HartThe Former White HartThe Former White HartThe Former White Hart

Available now and offers an exciting opportunity for a Restaurant, Bar or Pub Opening in

the up and coming area of Eastover, Bridgwater

• LARGE OPEN SPACE • GOOD FRONTAGE • A3, A4, A5 USE •

• DEVELOPMENT OPPORTUNITY • NEW 4* HOTEL LOCATED NEARBY •



OUTGOINGS

We have been advised by the Local Authority, Sedgemoor District Council that the property is currently assessed Business Rates as follows: Rateable Value: £9,000.00 Rates Payable: £4,410.00 The premises will need to be re-assessed following renovation and refurbishment to reflect the revised area of occupation. Relief from Business Rates may apply, subject to status; where the rateable value is less than £12,000, 100% relief applies and tapered relied from 100% to 0% where between £12,000-£15,000.

SERVICE CHARGE

A service charge will be payable for the proportional area of occupation, including building insurance, external decoration and maintenance liability.

BUILDINGS INSURANCE

The property is insured under the Landlord’s policy and the Tenant to reimburse the Landlord for the proportional premium payable.

TENURE & TERMS

The property is offered To Let by way of a new Full Repairing and Insuring Lease for a term to be agreed. Flexible terms may be available subject to covenant.

PRICE

The ground floor lock-up premises is available for £20,000.00 per annum, exclusive.

The Landlord has carried out refurbishment to the fabric of the building, but internal works of Tenant fit out are the responsibility of the Tenant and alterations proposed will be subject to a Licence to Permit Alterations.

VAT

Under the Finance Act 1989 VAT may be added to rents levied at the direction of the Landlord. We recommend that prospective Lessees establish the VAT implications before entering into any agreement.

DESCRIPTION

The former White Hart is now available and is an exciting opportunity for a Restaurant, Bar or Pub opening.

The property has undergone major refurbishment and the ground floor lock-up space is now complete in anticipation of a prospective Tenant taking on the premises. The lock up will require input from a prospective Tenant in terms of fit out but offers an open plan ’canvas’ to work with.

One, Two and Three bedroom flats have been refurbished above the White Hart and have been let on separate Assured Shorthold Tenancy agreements, with separate access points from the Restaurant.

The property is situated next to a new 4 star 118 bedroom Hotel which is now currently being built and set to be open early 2019.

The property is in a mixed-use area and adjacent to the supermarket store Aldi, local shops; restaurants; residential houses and flats.

ACCOMMODATION

The accommodation comprises of:

Entrance lobby leading in to large retail /

bar / restaurant area 118.43m²(1,274ft²)

Towards the rear, the property benefits from an area designed to be used as a

kitchen 27.6m² (296ft²)

Store cellar and office located behind the

open plan restaurant area 23.7m² (255ft²)

Floor area also includes corridor and cup-

board (134ft²) leading to separate gentle-man’s, ladies and disabled WC facilities

(239ft²)

SERVICES

Mains electricity, gas, water and drainage are connected to the property. Telephone lines available for connection subject to BT Regulations.

(We confirm that we have not tested any of the service installations and any purchaser must satisfy themselves independently as to the state and condi-tion of such items.)

EPC

The Energy Performance rating is D76. Copy available at https://www.ndepcregister.com/

DEPOSIT A deposit equivalent to three month’s rent or three years audited accounts will be required.

LEGAL COSTS The prospective Lessee is to be responsible for the Landlord’s reasonable legal costs.

PLANNING

The prospective Lessee should make their own enquires to the Planning department regarding their proposals and intended use.

The existing use has been established over time and its early history was as a former Coaching Inn.

RICS CODE OF PRACTICE

You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before entering into a business agreement.

The Code is available through professional institutions and trade associations or via the website www.commercialleasecodeew.co.uk.

ASBESTOS

Under the Control of Asbestos Regulations 2012 (CAR 2012), the owner or Tenant of the property and anyone else who has control over it and/or responsibility for maintaining or repairing it, may be under a statutory obligation to detect and manage any asbestos or asbestos related compounds contained within the property. Failure to comply with the CAR is an offence and could adversely affect the value of the property.

The detection of asbestos and asbestos related compounds is beyond the scope of Lyndon Brett’s expertise and accordingly:-

Lyndon Brett makes no representation as to the presence or otherwise of any asbestos or asbestos related compounds in the property.

Lyndon Brett strongly recommends that prospective purchasers obtain advice from specialist environmental consultants if they have any concerns about asbestos related issues.



LOCATION

Miles: Miles: Miles: Miles: 11 miles north-east of Taunton

15 miles west of Glastonbury

30 miles south-west of Bristol

Roads: Roads: Roads: Roads: A38, A39, M5 (Junctions 23 & 24)

Rail: Rail: Rail: Rail: 0.5 miles east of Bridgwater Railway Station

Air: Air: Air: Air: 25 miles south-west of Bristol Airport



TO LETTO LET The London Inn · local shops; restaurants; residential houses and flats....

Documents

Transcript of TO LETTO LET The London Inn · local shops; restaurants; residential houses and flats....