The Rhinoceros, 35-37 Bridgegate, Rotherham, South Yorkshire S60 1PL

Available at

£495,000

Additional Costs / Fees will apply

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Property Details

Location

Description

A substantial town centre public house comprising bar servery and seating areas together with beers stores, kitchen, offices and toilets. The property is let on a 7 year lease from October 2019 at a rent of £104,000 per annum. The sale includes 33a Bridgegate, which the pub is currently being extended into to almost double its size. There is also potential for conversion of the extensive upper floor accommodation to residential or other uses, subject to obtaining the necessary consents.

Location

The property is located in the town centre on Bridgegate, close to All Saints Square. Nearby occupiers include McDonalds and Betfred.

Accommodation

We have not inspected the property but understand the accommodation to extend to approximately 453 Sq M (4,876 Sq Ft) on the ground floor and (13,654 Sq Ft) on the upper floors. We are informed 33a Bridgegate measures approximately (4,564 Sq Ft)

Ground Floor:	Bar Servery, Seating Areas, Catering Kitchen, Beer Store, Stores, Customer W/C's, Manager's Office
First Floor:	Vacant Accommodation

Approx Site Area

Approximately 0.09 Hectares (0.22 Acres).

Tenure

Unknown

Planning

Interested parties should consult direct with the Local Planning Authority: Rotherham Metropolitan Borough Council, Riverside House, Main Street, Rotherham, S60 1AE. Telephone: 01709 382 121.

Tenancy

The property is let by way of a 7 year lease from 16 October 2019 at a rent of £104,000 per annum. There is a mutual break clause, subject to 3 month notice, to end the lease on or after 24 June 2024.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST SEPTEMBER AND CLOSES ON WEDNESDAY 22ND SEPTEMBER.

3. The property is entered in the 2017 Rating List as "Public House and Premises" with a Rateable Value of £65,000.

4. Energy Performance Certificate = F.