The Lamb

Description

The pub is a prominent corner two storey property being part stone and part rendered with a slate and tiled roof. The Lamb is an ideal offering for a suitable buyer who wishes to add value to a stable business model. This prominent corner position in a well populated village could also suit alternative redevelopment subject to planning and building consent. Due to its attractive location, position and overall opportunity available, early viewing is highly recommended.

Localisation

The pub is located in the centre of the attractive and affluent village of Little Harrowden midway between Kettering and Wellingborough, some 15 miles off the M1 at Northampton.

Parties communes

The pub is divided into three parts. There is a traditional public bar with servery to one side, games area with table skittles and seating for 15. The centrally placed lounge bar is on two levels, again with many original features, bar servery, seating (12) and garden access. The restaurant is up from here, with tables and chairs for 28 diners. Trade kitchens are off the restaurant and there is a level cellar at the rear. On the first floor, with an outside access staircase is the function room, which can be use for local events and societies.

Autres étages

Located on the first floor to the rear of the pub is a large function room with its own separate access from the trade garden.

Mobilier et équipement

The trade fixtures and fittings are included in the purchase price.

Les extérieurs

To the rear of the building, is the enclosed trade garden with access to the lounge bar and function room. Part patio, part laid to lawn with covered area. Fronting the village street, there is car parking to the side and rear for around 12 vehicles.

Logement de fonction

Spacious owner's accommodation arranged over first floor with two bedrooms, kitchen, bathroom, and living room.

Le bien

The business is available on a leasehold basis of an annual starting rent of £24,500 per annum with rent reviews. The business was previously a popular village pub, drawing trade from the adjoining villages of Orlingbury and Gt Harrowden, with a wide-ranging pub food menu. The pub is now trading on a partial basis and would suit both a first time buyer and an experienced operator in the sector. Furthermore, it is felt that the pub would lend itself to alternative use subject to planning permission.

Tarifs

The current rateable value according to the VOA as at 2017 is £7,200. The local authority is Wellingborough Borough Council. From April 2023 the new rateable value will be £4,400

Informations réglementaires

The property has a Premises Licence granted by the relevant local authority. It is a requirement of the Licensing Act 2003 that properties serving alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take appropriate specialist advice. VAT at the prevailing rate may be applicable on the sale of this property and where there is owner's accommodation is normally based on 90% of the purchase price. It is recommended that specialist advice is taken in this respect.