STAFFORDSHIRE MOORLANDS – GRADE II LISTED, SEMI-RURAL PUBLIC HOUSE
Cheddleton, Leek, Staffordshire
Ref: 95240
Freehold Offers Over £255,000 Leasehold £12,000
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Key Features
Precis
Grade II listed public house in Staffordshire Moorlands village.
Location
Cheddleton is a desirable Staffordshire Moorlands village close to the Churnet Valley Railway and Caldon canal. The area offers many countryside walks and is close to RSPB Coombes Valley and Peak Wildlife Park. The village lies between Stoke-on-Trent and the market town of Leek, and offers easy access to tourist attractions including Alton Towers, Trentham Estate and Gardens and Thor's Cave. The property lies on the A520 Cheadle Road and links to the M6 via the A500.
The Red Lion is a Grade II listed building of stone construction to the main with a brick, single storey extension to the rear. It dates back to the 18th century and is set over three storeys with a pitched tile roof. The property comprises:
The Red Lion is a Grade II listed building of stone construction to the main with a brick, single storey extension to the rear. It dates back to the 18th century and is set over three storeys with a pitched tile roof. The property comprises:
Property
TRADE AREAS
Carpeted PORCH with MAIN BAR to the right with interconnecting BAR SERVERY, quarry tile floors, open fireplace and exposed ceiling timbers. The RESTAURANT is to the rear and offers seating for 30; the room has dual aspect windows, an open fireplace and access to the patio area.
LADIES' and GENTLEMEN'S TOILETS offset.
LOUNGE BAR with carpet flooring, BAR SERVERY and seating for 12.
KITCHEN with Altro nonslip flooring and well equipped with hood canopy, WASH and PREP AREAS, 2 STORAGE ROOMS and access to GARAGE which has its own private on-street access.
CELLAR to basement with beer drop, STOREROOM, KEG ROOM and access to the wood constructed outdoor BAR.
FIRST FLOOR:
Private FUNCTION ROOM with carpeted floor, exposed wall and ceiling timbers, pool table, darts throw, feature fireplace and seating for 40.
OWNERS ACCOMMODATION
Located at first floor and comprising:
BATHROOM, HALLWAY, KITCHEN, LOUNGE, DOUBLE BEDROOM.
SECOND FLOOR:
2 DOUBLE BEDROOMS.
EXTERNAL
Split level TRADE PATIO featuring picnic style benches and enclosed seating area for 80 plus outdoor BAR AREA . There is also seating to the front of the property for 18 and CAR PARK to accommodate 20 vehicles.
Carpeted PORCH with MAIN BAR to the right with interconnecting BAR SERVERY, quarry tile floors, open fireplace and exposed ceiling timbers. The RESTAURANT is to the rear and offers seating for 30; the room has dual aspect windows, an open fireplace and access to the patio area.
LADIES' and GENTLEMEN'S TOILETS offset.
LOUNGE BAR with carpet flooring, BAR SERVERY and seating for 12.
KITCHEN with Altro nonslip flooring and well equipped with hood canopy, WASH and PREP AREAS, 2 STORAGE ROOMS and access to GARAGE which has its own private on-street access.
CELLAR to basement with beer drop, STOREROOM, KEG ROOM and access to the wood constructed outdoor BAR.
FIRST FLOOR:
Private FUNCTION ROOM with carpeted floor, exposed wall and ceiling timbers, pool table, darts throw, feature fireplace and seating for 40.
OWNERS ACCOMMODATION
Located at first floor and comprising:
BATHROOM, HALLWAY, KITCHEN, LOUNGE, DOUBLE BEDROOM.
SECOND FLOOR:
2 DOUBLE BEDROOMS.
EXTERNAL
Split level TRADE PATIO featuring picnic style benches and enclosed seating area for 80 plus outdoor BAR AREA . There is also seating to the front of the property for 18 and CAR PARK to accommodate 20 vehicles.
The Business
The Red Lion Inn has been let on a private lease agreement for the past 6 years but is now closed. No trade accounts are available but we are advised that historic net sales are in the region of £280,000 per annum.
The business is in a prime A road position that sees high footfall, and the pub offers traditional home cooked food, live entertainment and bi-weekly quiz nights. The business has its own social media following and boasts excellent reviews on Tripadvisor and Google.
The property is being sold with an overage which will allow for the current owners to receive £100,000 in the event that planning permission is obtained for a change of use on the property or the site.
The business is in a prime A road position that sees high footfall, and the pub offers traditional home cooked food, live entertainment and bi-weekly quiz nights. The business has its own social media following and boasts excellent reviews on Tripadvisor and Google.
The property is being sold with an overage which will allow for the current owners to receive £100,000 in the event that planning permission is obtained for a change of use on the property or the site.
Tenure
FREEHOLD Offers Over £255,000 + VAT to include fixtures and fittings. Stock at valuation in addition.
OR, ALTERNATIVELY
Leasehold: £12,000 to include fixtures and fittings. Stock at valuation in addition.
Term: Seven years.
Landlord & Tenant Act: Inside Part II Landlord & Tenant Act 1954.
Assignability: Fully assignable subject to Landlord’s consent.
Bond: A bond equivalent to 3 months’ rent in advance plus personal guarantees if the lease is taken as a Limited Company.
Rent: £28,000 per annum, paid monthly in advance.
Rent Review: Subject to yearly rent reviews in line with RPI
Repair liability: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
Tie: Free of all trade ties.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: VAT will be payable on the premium and rental payments.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
OR, ALTERNATIVELY
Leasehold: £12,000 to include fixtures and fittings. Stock at valuation in addition.
Term: Seven years.
Landlord & Tenant Act: Inside Part II Landlord & Tenant Act 1954.
Assignability: Fully assignable subject to Landlord’s consent.
Bond: A bond equivalent to 3 months’ rent in advance plus personal guarantees if the lease is taken as a Limited Company.
Rent: £28,000 per annum, paid monthly in advance.
Rent Review: Subject to yearly rent reviews in line with RPI
Repair liability: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
Tie: Free of all trade ties.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: VAT will be payable on the premium and rental payments.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Licence
A full Premises Licence is held for the retail
of alcohol:
Monday to Thursday: 10:00 - 00:00
Friday and Saturday: 10:00 - 01:00
Sunday: 10:00 - 00:00
Current opening hours:
Monday to Thursday: 16:00 - close
Friday: 15:00 - close
Saturday & Sunday: 12:00 - close
of alcohol:
Monday to Thursday: 10:00 - 00:00
Friday and Saturday: 10:00 - 01:00
Sunday: 10:00 - 00:00
Current opening hours:
Monday to Thursday: 16:00 - close
Friday: 15:00 - close
Saturday & Sunday: 12:00 - close
Services
Mains water, electricity, gas and drainage, with LPG used for the kitchen only.
Local Authority: Staffordshire Moorlands District Council, Moorlands House, Stockwell Street, Leek ST13 6HQ
Rateable Value as at 01 April 2023: £4,750
Local Authority: Staffordshire Moorlands District Council, Moorlands House, Stockwell Street, Leek ST13 6HQ
Rateable Value as at 01 April 2023: £4,750
OVERAGE
The property is being sold with an overage which will allow for the current owners to receive £100,000 in the event that planning permission is obtained for a change of use on the property or the site.
Enquire about this listing
Dean McVay
North West
Ref: 95240
