The Compasses

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

Contact

Jonty Green
Jonty GreenBusiness Agent
Dossier de présentation

Points clés

  • 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
Christie & Co Logo

Nous sommes le spécialiste de l'immobilier hôtelier et fournissons des services aux propriétaires, aux banques et investisseurs.

Ref: 5752385

The Compasses

Description

• 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

Localisation

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.

Parties communes

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.

Les extérieurs

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.

Logement de fonction

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

Le bien

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.

Typologie

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.

Tarifs

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.

Informations réglementaires

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.