The Winning Horse

£ 595,000
Tenure
Freehold
Description
Located near the junction between Coverts Road and Vale Road in the village of Claygate, the premises occupies a two storey detached public house built in the 1920s. Brick built under a slate roof, the property is characterised by its front elevation which is rendered at first floor and decorated with a red and green glazed brick at ground floor.

The property is available freehold with vacant possession. Situated on a rectangular plot measuring approximately 0.3 acres, the pub is positioned to the front of the site with its principal elevation facing Coverts Road.

An access road “Ashton Place” (falling within ownership) runs to the side serving a small private residential development at the rear, whilst also providing access to the customer parking.

Claygate is a primarily residential, suburban village situated between Esher and Chessington, near the A3.

Internally, the premises has two principal trade areas; a lounge bar and public bar, both bars are served from a single servery. A private lounge, commercial kitchen with a wash-up and utility area is located at the rear of the building within the single storey rear extension.

At first floor, the manager’s accommodation comprises three double bedrooms, a lounge and bathroom.

Externally, the customer car parking amounts to approximately 5 spaces arranged in a “pull off” format from Ashton Place. At the rear is a trade garden laid to lawn and a brick built double garage.

Licensing
The premises are licensed for the supply of alcohol from 10 00 23 00 Monday Saturday and from 12 00 22 30 on Sunday and for the playing of recorded music from 00 00 00 00 seven days a week

Rates
The property is situated in an area administered by Elmbridge District Council. The 2023 Rateable Value has been assessed at £6,200. The ancillary accommodation falls within council tax band C

Trade
The property is currently closed and is sold as seen, with vacant possession As a result, no trade is warranted or sold

Planning
The property is not statutory listed and is not located within a conservation area. The property has a Sui Generis public house use The property may be suitable for alternative uses including alternative community uses, subject to obtaining the necessary planning consents

The property was registered as an Asset of Community Value on 22nd August 2022

Services
We are advised that the property has all mains services The partial central heating and domestic hot water is supplied by a gas fired boiler in the ground floor private lounge . Prospective purchasers should speak with relevant utility companies to confirm the types of connection.

VAT
VAT will be applicable at the standard rate for commercial properties

EPC
Energy performance details are to follow

Overage
An overage payment will be payable should a purchaser obtain a change of use to residential at a later date The overage will apply for 25 years from the date of the grant of any planning permission and the owner and seller will share equally in any uplift in the market value

Legals
The Vendor has never occupied nor traded from the Property which forms part of the Seller's large tenanted estate.The Vendor does not therefore provide replies to CPSEs or other similar standard pre contract enquiries The Vendor will endeavour to provide its standard replies to enquiries and replies to specific enquiries relevant to the Property or the transaction.

Each party is to be responsible for their own costs incurred in this transaction

• The Purchaser will be required to pay an abortive legal fee deposit of 5 000 00 (to be held by the Seller's solicitor) prior to the release of the legal package
• The Purchaser will have 15 working days from the date the legal package is released from the Seller's solicitor to the Purchaser's solicitor to exchange contracts. If the Purchaser exchanges contracts within such period, the abortive fee deposit will be credited against the purchase price. If the Purchaser withdraws from the transaction or contracts are not exchanged within such period the abortive legal fee will be forfeited
• The seller will not be providing CPSE’s as they have never occupied or traded from the
property, they will however endeavour to assist with any reasonable queries to the best of
their knowledge. The seller will undertake to provide timely responses to the purchaser's
enquiries and comments to facilitate their ability to exchange contracts within the required
time
• The deposit will be refunded if the Seller is unable show good title or withdraws from
negotiations within the required time (save where due to the Seller revising the agreed
terms) If exchange shall not occur within the required time, the Seller shall be free to
withdraw from the transaction and retain the abortive legal fee deposit
• Upon exchange of contracts the Purchaser will pay a further deposit of 10% of the total
purchase price
• Completion to be 15 working days thereafter

Viewings
Strictly by appointment and accompanied by the vendor's agents

Information Pack
An information pack with additional detail is available upon request
Country
England
County
Surrey
Town
Esher
Address
35 Coverts Road, Claygate
Post Code
KT10 0JY
Under Offer
No
Reference Number
RF824962
  • 272 Views
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