Prominent corner position in a sought after and picturesque village
Idyllic rural setting close to Rutland Water, Stamford and Oakham
Benefits from a 2 bedroom residential flat and hotel accommodation for 2 en-suite double bedrooms
Six Week Completion Period
Lot 64
Auction 18th October 2011
Rent £28,000 per Annum Exclusive
Status Sold
Price £335,000
Sector Public House
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
On the instructions of J Pitt and B Moon acting as Joint Fixed Charge Receivers, BNP Paribas Real Estate
Property Information
Location
Miles
15 miles south-east of Melton Mowbray, 15 miles north-west of Stamford, 20 miles north-west of Peterborough
Roads
A1, A1(M), A14, M11
Rail
Oakham, Melton Mowbray
Air
Leicester
Situation
The property is situated in a prominent corner position at the junction of Teigh Road and Main Street in the traditional country village of Market Overton with beautiful views and overlooking the church.
Tenure
Freehold.
Location
Miles
15 miles south-east of Melton Mowbray, 15 miles north-west of Stamford, 20 miles north-west of Peterborough
Roads
A1, A1(M), A14, M11
Rail
Oakham, Melton Mowbray
Air
Leicester
Situation
The property is situated in a prominent corner position at the junction of Teigh Road and Main Street in the traditional country village of Market Overton with beautiful views and overlooking the church.
Tenure
Freehold.
Description
The property comprises an attractive public house benefiting from a 2 bedroom residential flat and hotel accommodation for 2 en-suite double bedrooms.
NB
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers excluding any title guarantees, warranties or indemnities. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an attractive public house benefiting from a 2 bedroom residential flat and hotel accommodation for 2 en-suite double bedrooms.
NB
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers excluding any title guarantees, warranties or indemnities. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground & First
Public House/ Ancillary & Hotel
307.30 sq m
(3,307 sq f
KEVIN ANTHONY HOUSLEY & KRISTY HOUSLEY (1)
20 years from 18/08/2010 until 2030 on a full repairing lease
£28,000
18/08/2015 and 3 yearly and 17/08/2030
Totals
307.30 sq m
(3,307 sq ft)
£28,000
(1) Kevin & Kristy Housley are the landlord and landlady of the Black Bull Inn and aim to provide the best quality food and service in a warm and relaxed atmosphere. Their 19th century inn offers tasteful decor, elegant rooms and log fires in a country surrounding. (Source: www. blackbullrutland.co.uk 19/09/2011)
Contacts
Seller's Solicitors
Addleshaw Goddard LLP Milton Gate, 60 Chiswell Street London EC1Y 4AG
