SAVILLS SOUTHAMPTON2 Charlotte PlaceSouthampton, SO14 0TB

023 8071 3900

savills.co.uk

Key Highlights• Traditional public house in commuter belt location

• Within close proximity to Aldershot train station

• Gross Internal Area of 249.9sqm (2,690 sq ft)

• Site area of 0.025 hectares (0.061 acres)

• Development potential (subject to planning and necessary consents)

PUBLIC HOUSE OPPORTUNITY GUIDE PRICE £275,000

THE WHITE LION20 Lower Farnham Road, Aldershot, GU12 4EA

LocationThe property is situated on Lower Farnham Road in Aldershot, a commuter town in Hampshire. Aldershot is approximately 10 miles west of Guilford, 23 miles east of Basingstoke and 4 miles north east of Farnham.

The property is located to the south of the A323, which provides direct access to the A331. The immediate area is predominantly residential in form with 1 – 5 Blackwater Trading Estate. Aldershot railway station is 1.5 miles away from the property and provides a direct link to London Waterloo within 45 to 60 minutes.

PropertyThe property comprises a two storey building of traditional brick elevations with double glazed fenestration throughout under a slate tiled pitched roof. There are single storey and two storey extensions to the rear of the property.

There is an outdoor seating area to the front of the property and a yard to the rear.

The site extends to 0.025 hectares (0.061 acres) and is rectangular in shape.

Internal DescriptionThe ground floor trade area comprises a central bar servery which provides a two bar operation either side of the servery. The ground floor has a Gross Internal Area of 146.7sqm (1,560 sq ft).

The first floor provides manager accommodation comprising of two double bedrooms, kitchen, lounge and bathroom. The first floor has a Gross Internal Area of 103.2 sqm (1,110 sq ft).

Premises Licence & Opening HoursWe understand that a Premises Licence has been granted that permits various activities including:

Sale of Alcohol 10:00 am to 12:00 am Monday to Sunday.

Permitted opening hours are 07:00 am to 01:00 am Monday to Sunday.

Lease SummaryThe property is let to an independent tenant at £29,500 per annum on a five year lease of which there is one year remaining. The rent is subject to annual increases on the anniversary date in line with the annual increase of the Retail Price Index capped at 1.5% per annum.

The lease is drawn on FRI terms.

Lease information will be provided to bonafide parties upon request.

We understand that the tenant has indicated their desire to terminate the lease upon expiry.

Tenure & PriceThe property is available freehold subject to an occupation lease. Freehold guide price of £275,000.

RatingThe property is listed in the 2017 Rating List with a Rateable Value of £12,600. The National Multiplier for England and Wales for 2018/19 is £0.493.

PlanningWe understand the property benefits from a C4 Use Class. We understand the property is not listed nor does it fall within a Conservation Area.

Energy PerformanceThe White Lion has an EPC rating of D-77. A copy of the commercial EPC is available upon request.

ViewingAll viewings must be arranged strictly by appointment with the sole agents Savills.

ContactPoppy Hood +44 (0) 23 8071 3935phood@savills.com

Adam Bullas +44 (0) 23 8071 3957abullas@savills.com

Savills Southampton 2 Charlotte PlaceSouthampton, SO14 0TB

IMPORTANT NOTICEMaps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Designed and Produced by Savills Marketing: 020 7499 8644 | March 2019