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Public house, Corfe Castle, rental on 15 year lease

06 May 2014
Public house, Corfe Castle, rental on 15 year lease

Corbens have recently received instructions to offer this old established public house with 10 letting bedrooms situated in an excellent trading position overlooking the Square at Corfe Castle. The original building is thought to date back to 1547 and was an old coach house although considerably altered and extended over time.

The building has attractive elevations of natural Purbeck stone and is arranged as a pub with restaurant facilities on the ground floor and 10 letting bedrooms on the two floors above. The premises are owned by the National Trust and offered as a free house on a new Full Repairing and Insuring 15 year lease at a rental circa £45,000 per annum, with rent reviews in the fifth and 10th year. EPC not required.

The Bankes Arms are offered by tender. Interested applicants are requested to submit their bid for the rental, together with a detailed business plan, to our office by no later than 12 Noon, Friday 30 May 2014.

Once the applications have been received the Landlords will shortlist interested parties who will be required to attend a meeting. Full details are available from Corbens on 01929 422284, by email property@corbens.co.uk or on our website corbens.co.uk

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