The Compasses

128 High Street, South Rushden, Northampton, Northamptonshire NN10 0RB
Ref: 5752385
FreeholdGuide Price £325,000 plus VAT

Contacto

Jonty Green
Jonty GreenBusiness Agent
Cuaderno de venta

Características principales

  • Freehold Opportunity
  • Prominent position within the local area
  • First floor 3/4 bedroom accommodation
  • Closed Pub following the retirement of tenant
  • Good size lounge-bar
  • Conservatory/function room. Energy Rating D
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Ref: 5752385

The Compasses

Descripción

Circa 100 internal covers Function room/dining room ideal for dining covers or functions Good sized commercial kitchen Large enclosed outside space three/four bed first floor accommodation Prominent frontage Good sized cellar Driveway/vehicular access to the rear Freehold sale

Ubicación

The site is well positioned on the edge of Rushden town centre. High Street is a busy road with lots of passing potential trade and there are a large number of homes and businesses nearby. The local population of Rushden is circa 32,000.

Zonas Comunes

The site has a generous and welcoming lounge bar, fantastic sized commercial kitchen and excellent sized bright and spacious conservatory to the rear which can serve as a dining room, function room or meeting room.

Características del exterior

To the rear and side of the premises there is vehicular access with a significant outside space which could provide off road parking for a number of vehicles. There is a smoking area which is enclosed to the sides and rear. In addition, there is a traditionally constructed outside storage building.

Alojamiento para el propietario

To the first floor there is well spaced managers accommodation with a flexible layout including 3/4 bedrooms, living room and bathroom.

La oportunidad

The Compasses is a well-known community venue on the edge of Rushden town centre. The venue provides an excellent opportunity for an experienced operator to purchase a well-known and well supported site. The nature and position of the venue means that it offers a variety of scope to serve as a wet led premises or to use its kitchen space and function room to maximise the turnover potential. There is further potential to renovate the upper floors to either act as private residential accommodation or managers accommodation. Viewing is recommended to appreciate the full offering, the opportunity and its position.

Tenencia

Freehold The purchaser (via their solicitor) will be required to pay a non-refundable abortive legal fee deposit of £5,000 (to be held by the seller’s solicitor) prior to the release of the legal package. The purchaser will have 15 working days from the date the legal package is released from the seller’s solicitor to the purchaser’s solicitor to exchange contracts. A 10% deposit is payable on exchange. Completion to be 15 working days after exchange of contracts.

Datos comerciales

The property is in an area administered by north Northamptonshire District Council. The 2023 rateable value has been assessed at £7,000. The domestic accommodation above the public house is in band A for council tax purposes.

Licencias

We understand the premises is fully licenced. The licenced opening hours are: Monday to Saturday 10:00 AM to 11:00 PM and Sunday 12:00 PM to 10:30 PM.