BERKSHIRE TRADITIONAL ALE HOUSE CLOSE TO CENTRE OF MAJOR TOWN

Close to major shopping centre
London commuter town 
Traditional bar areas (50)
Four bedroom owners accommodation
Forecourt seating (24)
Brewery owned since the mid 1990s

The Hop Leaf is set in a prominent roadside position on Southampton Street, one of the main roads leading to Reading town centre and The Oracle Shopping Centre.  The town centre is approximately half a mile away from the public house.  Half a mile south is a shopping parade in a busy suburb of Reading, near to the London Road campus of the University of Reading and the Royal Berkshire Hospital.  It is also close to a selection of amenities including local schools and parks, an abundance of residential housing and the main campus of the University of Reading (only a ten minute walk away).

Reading is predominantly accessed via the M4 motorway and is highly commutable by road to London and Heathrow to the east, as well as Newbury and Bristol to the west.  The town has an expanding population and is popular with those working in the capital; the Elizabeth Line provides services into London on the Transport for London network.   The line stretches for 60 miles and connects to London Heathrow,  Shenfield and Abbey Wood.  The population of Reading is approximately 175,000.  In addition, many students attend Reading University.  

The Hop Leaf occupies a mid-terrace property of brick construction under a pitched, clay tile roof.  The property is Grade II listed

FREEHOLD £395,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

Or, alternatively

TENANCY:            Nil Premium
TERM:                  Three to Five years
LANDLORD & TENANT ACT 1954:              Outside Part II Landlord & Tenant Act 1954
ASSIGNABILITY:            Non assignable
BOND:      A bond equivalent to three months’ rent in advance
RENT:       Open to negotiation
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.
FIXTURES & FITTINGS:    Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair).
TIE:    Partially tied, tied on the following nominated products: draught beer, cask ales, bottled beers, draught cider and perry, bottled cider and perry. Free of tie on wines, spirits and minerals.
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 rental payments
OPTION TO PURCHASE:    If required, the freeholder will negotiate with the lessee an option to purchase during the term of the initial lease agreement.