Personal gaurantors: The two directors of the SPV personally guarantee the lease for three years from commencement of the lease.
The lease guarantors
are both experienced publicans, with one guarantor having
15 years prior experience having been the Operation and Acquisitions director of Sussex inns with 16 venues. He also has three venues of his own, owns two properties (one unmortgaged) and a buy to let business. The second guarantoor, is also an experienced landlady, with 17 years experience in the trade, with three other venues of her own and is also a homeowner.
VAT - VAT is applicable to this sale - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is subject to VAT as well as, the exact amount payable.
EPC - EPC Rating C