Shropshire/worcestershire Borders - Character 'black And White' Village Inn

The village of Neen Sollars is located within the beautiful south Shropshire countryside close to its border with Worcestershire, near to the River Rea. The village itself is approximately equidistant between the nearby towns of Kidderminster and Ludlow, but also three miles from the quaint market town of Cleobury Mortimer. A much sought after residential area with those migrating from Worcestershire, the "Black Country" and much larger Birmingham conurbation. Also popular as a drive to destination due to its close proximity to both of those urban areas.

The Live & Let Live is an outstanding character property, with the original property dating back to the thirteenth century with later extensions in the 1950s/60s. the property appears to be constructed in the main of timber and stone, with later block and brick extensions having tiled and flat roofing. The property enjoys immense character, having previously been owned by a skilled joiner, who acquired and mounted many carved panels which have been interwoven to the walls and serverys of the building, giving it a "near unique" effect. In addition to this, there's heavily beamed ceilings and panelled walls with a charm of their own. Another jewel of the premises is the outstanding trade garden, set to the rear of the public house with commanding views of the surrounding valley, which is extremely popular with many customers enjoying the business as a "drive to" destination.

FREEHOLD £400,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

Or, alternatively:

LEASEHOLD: £35,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
TERM: 5 years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Assignable subject to Landlord's consent
BOND: £6,000
RENT: £28,000 per annum in year 1, £30,000 per annum in year 2 and £32,000 per annum in year 3, paid monthly in advance
RENT REVIEW: Subject to rent reviews every third year of the term
REPAIR LIABILITY: Full repairing and insuring lease.
TIE: Free of all trade ties.
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.