£60,000 pa

Leisure/hospitality to let

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Leasehold

From

£60,000 pa

(£20.00/sq. ft. pa)

Leisure/hospitality to let

Kings Arms, Top Street, Wing, Oakham LE15

3,000 sq. ft

Local area information

Property location

Nearby amenities

  • Edith Weston Academy 2.6 miles
  • Uppingham CofE Primary School 2.6 miles
  • Oakham 4.4 miles
  • Stamford (Lincs) 8.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
Key Points

  • £60,000 per annum No Vat
  • 8 en suite Letting rooms
  • Multiple trading areas
  • Rutland Village location
  • Available February 2025 - Could be earlier by agreement
  • Grade II listed building - EPC exempt

  • Description

    The trading facilities provide a welcoming lounge bar with dining, with feature double aspect open hearth fireplace, exposed slate walling and beamed ceilings, access through to a restaurant barn, providing 80 plus covers in total. 8 excellent double/twin letting bedrooms with en-suite facilities. Functions/conference suite, not currently used by the current tenants. Large Car park and beer patio to the side. With 2 bedroom owners accommodation.
    Grade II listed building.

    Location

    The property is located in the picturesque Rutland Village of Wing, on the Uppingham side of the County and located just off the main A6003 (main road from Oakham to Uppingham). The A6003 meets with the A47 at Uppingham, which provides good access to Peterborough and Leicester, with M1 access via the A14 Kettering.

    Viewings

    Strictly by prior appointment via the sole agents P & F Commercial Tel: Or via email

    Terms

    Offered to let from February 2025 (or sooner by agreement), on a new fully repairing and insuring lease, based on a 15-year lease, with an initial passing rent of £60,000 per annum - plus buildings insurance.
    The tenant will be responsible for all utility bills on site as well as the rates liability.
    A deposit equal to 3 months rent will be required. Depending on circumstances a guarantor may be required.

    Staff/Tupe

    There are several staff members to transfer. Stock will be sold at valuation on the change over day. A premium for fixtures and fittings of £40,000 will be payable.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - P & F Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact P & F Commercial for full details and further information.

    1. Zoopla
    2. Commercial to let
    3. Rutland
    4. Oakham
    5. Wing
    6. Top Street

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