Licensed Leisure Players Water Lane, Totton, Southampton, SO40 3GX Pub To Let - Nil Premium / Rent £35,000pax New free of tie lease available Densely populated residential area Extensive trade areas Four bedroom owner’s accommodation Savills Southampton 2 Charlotte Place Southampton SO14 0TB +44 (0) 23 8071 3900 savills.co.uk NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Location The Players public house is located in Totton a district of Southampton which is the south coast’s largest city with a population of around 253,651 (2011 census). The property occupies a prominent corner position at the point where Hammond’s Green and Northlands Road meet Water Lane. The immediate area is made up predominantly of semi-detached residential dwellings, with Totton College also nearby. Property Description A detached brick property constructed in the 1930’s with mock tudor elevations arranged over ground and first floor with mixed glazing and a pitched clay tiled roof. There are single storey additions to the property which again are either pitched clay tiled or flat asphalt. The property sits on a site area of 0.505 acres (0.204 ha) with approximately 20% site coverage. The cellar is located at basement level and accessed from behind the bar. The ground floor measures approximately 3,000 sq ft (278 sq m). Externally there is 20 space car park to the front and separate recessed garage. To the rear of the pub there is an external yard providing access to a boiler room. There are also two trade gardens, the first is a small enclosed smoking area accessed from the entertainment area and the second a more extensive gravelled area with central smoking solution with seating provided. This is accessed left of the bar servery. Tenure The premises are available on a new Full Repairing and Insuring free of tie lease for a term to be agreed with a rental guide of £35,000 per annum exclusive. The rent would be subject to RPI increases min 2.5% max 5%. No premium is sought but a 3 month rent deposit will be required. Planning Internal Description The ground floor comprises of an open plan trading area with central ‘U-shaped’ bar servery. To the left of the two main entrances there is a more formal dining area providing approximately 40 covers. To the right of the entrance is an entertainment area with two pool tables, a dart board, one AWP machine and various TV screens displaying sports throughout. There is also an attractive open fireplace within this area. There are two sets of gent’s and female WC’s at either side of the property. To the rear of the bar is a domestic kitchen and access to the first floor which provides an office (bedroom), three double bedrooms, lounge, WC and bathroom. We understand the property currently benefits from Class A4 use. Licensing The property has been granted a Premises Licence in accordance with the Licensing Act 2003. The premises’ permitted opening hours are Monday to Saturday 11:00-23:20 and Sunday 12:00-22.50. Rating The property is Listed in the 2010 Rating List with a rateable value of £19,250. The property is Listed in the 2017 Draft Rating List with a rateable value of £21,500. The 2017 rateable value will be applicable as of 1 April 2017. The National Multiplier in England and Wales for 2016/2017 is 0.497. Additional Information (i) The lessee will be responsible for a contribution of £1,200 towards the Landlord’s reasonable legal costs. (ii) All prices quoted and offers made shall be deemed to be exclusive of VAT and VAT will be added where applicable. In most cases VAT is reclaimable. Prospective purchasers should consult their accountant for advice in this respect. Trade No trade is warranted or sold. Minimum Capital Required - £25,000 Applicants must be able to demonstrate minimum capital of £25,000 to cover purchase of the Landlord’s inventory, Stamp Duty Land Tax, payment of one quarter’s rent in advance, insurance, legal fees and working capital. Application Procedure Applicants are requested to complete a Criterion Asset Management application form and provide a business plan, cash flow forecast and evidence of funding prior to interview. To obtain an application form, contact Savills’ Southampton office. Fixtures and Fittings All fixtures and fittings owned outright are included in the sale. Energy Performance Certificate A copy of the EPC Certificate is available upon request. The property has a ‘D78’ Rating. Viewing An initial customer visit is highly recommended however all viewings are by appointment only. Contact Adam Bullas [email protected] 023 8071 3957 James Greenlees [email protected] 023 8071 3986 Savills Southampton 2 Charlotte Place Southampton SO14 0TB Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | February 2017
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