Littlemore is a village in Oxfordshire with a population of approximately 3,000. Designated as a conservation area, Littlemore is located approximately 3 miles south east of Oxford City Centre, 2 miles from Oxford United FC and 1 mile from The Oxford Science Park.
The George, 5 Sandford Road, Littlemore, OXFORD, OX4 4PU
PUB FREEHOLD FOR SALE
OIRO £650,000
Summary
- Character freehold pub
- Situated in affluent Oxfordshire village
- Let on FRI lease or vacant possession sale
- Rent of £45,000 per annum exclusive
- OIRO £650,000
Location
The George is situated in the heart of the village and occupies a prominent position on the Sandford Road.
Downloads
Property
A semi-detached character public house providing the following:
- Ground Floor Two bar areas (one split level) providing 80 covers, kitchen, WC’s and storage
- First Floor Lounge, three bedrooms and bathroom
- Basement Cellar
- External Trade garden and five car parking spaces to the rear.
From our inspection and digital mapping the property provides the following areas:
- Total Site Area 0.13 acre 526 sq m
- Gross Built Area (Ground) 2,336 sq ft 217 sq m
Lease
The entire property is due to be let to the current operator for a term of 25 years on full repairing and insuring terms at a rent of £45,000 per annum, subject to 5 yearly upward only rent reviews.
Terms
We are instructed to seek offers in the region of £650,000 (six hundred and fifty thousand pounds). We understand that VAT will not apply.
Our client is willing to sell the property subject to the existing lease or, alternatively, with vacant possession. Further information on request.
Viewing
For further information contact sole agents Drake & Company.
Rating Assessment
We have been verbally advised by the local rating authority that the rateable value is £23,000. Interested parties are advised to verify this figure with Oxford City Council on 01865 249811.
Energy Performance Certificate
A copy of the EPC is available on request and the property is rated ‘C67’.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
