HAMPSHIRE – PICTURESQUE VILLAGE FREEHOUSE IN MEON VALLEY

Centre of picturesque village in East Hampshire
Within the Meon Valley, South Downs National Park
Bar and restaurants (57)
Spacious 4 bedroom accommodation
Car park (13), beer garden (70 )
Available on favourable new free-of-tie lease

The Izaak Walton is situated in the centre of the picturesque East Hampshire village of East Meon, named after the chalk stream the River Meon which flows through it. The village is the highest in the Meon Valley and lies within the South Downs National Park. Henwood Down is a prominent hill which rises approximately one mile to the west and the South Downs Way, a long-distance footpath and bridleway, passes over the southern spur of the hill. Outdoor enthusiasts can also enjoy the old Meon Valley Railway which has been transformed into a rural trail between the villages of Wickham and West Meon.

East Meon is located approximately 4 miles west of Petersfield and has a population of around 1,200.  The village has a number of amenities which include a convenience store, All Saints Church, a village hall, a primary school and two public houses (one of which is The Izaak Walton). There are good local transport links: the A3 trunk road is found at Petersfield and connects London to the port city of Portsmouth; Petersfield train station is managed by South Western Railway and sits on the Portsmouth line which connects Portsmouth Harbour in the south to London Waterloo via Woking in the north.

The Izaak Walton is a two storey, detached, brick constructed property under a pitched slate roof. The property lies within the village’s conservation area and occupies a plot of around 0.33 of an acre.

LEASEHOLD - NIL PREMIUM
TERM - Up to 20 years
LANDLORD & TENANT ACT 1954 - Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY - Assignable subject to Landlord’s consent. Such consent not to be unreasonably withheld.
RENT DEPOSIT - The successful applicant will be required to lodge with the Freeholder a deposit equivalent to six months’ rent in advance plus VAT. Personal guarantors will be required if the lease is taken out in limited company. 
RENT - £34,000 per annum, paid quarterly in advance, via direct debit. 
RENT REVIEW - Subject to rent reviews every fifth year of the term. Annual RPI indexation will be added at a minimum of 2.5% and a maximum of 5% per annum.
REPAIR LIABILITY - Full repairing and insuring lease.
TIE - Free of all trade ties.
INSURANCE - The Landlord will insure the building and charge the Tenant by way of an Insurance Rent.
VAT - VAT will be payable on rental payments.