NOTTINGHAMSHIRE - 9 BEDROOM HOTEL, BAR AND RESTAURANT WITH CAR PARK

LEASEHOLD Premium £35,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. TERM For a term of 7 years LANDLORD & TENANT ACT 1954 Inside Part II Landlord & Tenant Act 1954 ASSIGNABILITY Assignable DEPOSIT Refundable Landlords deposit equivalent to 3 months rent RENT Annual rent 40,000 per annum, paid monthly in advance RENT INCREASES In the third year of the term rent increases to £45,000 per annum, and then increases in the sixth year of the term to £47,500 per annum. REPAIR LIABILITY Full repairing and insuring tenancy agreement. The tenant will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property. 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 VAT Please note that VAT will not be payable on the rent or premium No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

TRADE AREAS Side ENTRANCE HALL with access to the Ladies, Gentleman's and Disabled TOILETS. Open plan trade area which is split into 3 sections, GAMES ROOM which has seating for 10 and includes a pool table, solid wood flooring, buffet station and a darts board. RESTAURANT with seating for 24 and carpet flooring. MAIN BAR with seating for 16, carpet flooring and bar servery. REAR HALL with STORE ROOM, BOILER ROOM, OFFICE and access to the fully fitted COMMERCIAL KITCHEN which benefits from a POT WASH AREA. Ground floor CELLAR which includes an external barrel drop. Adjacent to the commercial kitchen is the HOTEL BAR/ RESTAURANT AREA which has seating for 60 and includes an imitation feature brick fireplace, breakfast bar, part original parquet flooring and part carpet flooring, wooden bar servery and access to an additional set of Ladies and Gentleman's TOILETS. LETTING BEDROOMS (9 rooms in total, some are in need of refurbishment) GROUND FLOOR; Private entrance, seating area FIRST FLOOR; 5 double bedrooms all with shower ensuite facilities, 2ND FLOOR; 2 double bedrooms both with ensuite shower facilities 3RD/TOP FLOOR; 1 double bedroom, 1 single bedroom, storage room and shared/communal bathroom. EXTERNAL Flood lit Car park with space for 46 vehicles. (Two car parking spaces are used by the adjacent Blyth Chiropractic Clinic who have right of way over the car park for parking use only) Front trade patio with bench seating for 40. Please Note: The detached flat roof double garage will be retained by our client.