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CHARACTER PUB, Hertfordshire, AL1

Offers in Region of
£799,000

£484.24 per sq ft

Business rates & charges may apply

Gilbert and Rose Commercial, Essex Commercial
SIZE AVAILABLE

1,650 sq ft

153 sq m

SECTOR

Pub for sale

Description

CHARACTER PUB WITH 3-BED ACCOMMODATION + 2 AIRBNB APARTMENTS occupying a 0.89 ACRE SITE with 20+ VEHICLE CAR PARK along with PRIVATE GARDENS in this PICTURESQUE & SEMI-RURAL VILLAGE that is centrally located in HERTFORDSHIRE. The premises are GRADE II* LISTED which has been RECOGNISED AS A PUBLIC HOUSE FOR OVER 100 YEARS and has been under the SAME OWNERSHIP SINCE 2014. Our clients have now brought the property to market as a GENUINE RETIREMENT SALE and relocation closer to family. Our clients have SIGNIFICANTLY INVESTED IN THE SITE over the years including the CONSTRUCTION OF 2 X SELF-CONTAINED AIRBNB APARTMENTS in 2020 each commanding up to £120 PER NIGHT + CLEANING with even FURTHER SCOPE to increase revenues. We feel there is HUGE POTENTIAL for the site including, but not limited to, additional airbnb rooms, destination restaurant/pub and/or wedding venue. The site also lends itself to DEVELOPMENT POTENTIAL subject to planning permissions. EARLY VIEWING ADVISED FOR SERIOUS APPLICANTS ONLY. OUR REF: H6610H RX262324

Location

The property is located within a picturesque, semi-rural village which is centrally located and offering easy access to Letchworth Garden City to the north, Buntingford to the east, Ware to the south and Stevenage to the west.

Exterior Grounds

We are advised the site has an approximate size of 0.89 of an acre. A large, gravelled driveway comfortably accommodating 20+ CAR PARKING SPACES with a part-paved terrace also serving the property. The grounds are well maintained, benefitting from planters, mature trees, shrubberies and offers a gated access to a private garden. THE PRIVATE GARDEN offers a brick-built, raised paved-level barbecue area. The gardens have 90+ COVERS as bench-style seating in several areas throughout the grounds and this private garden area has been used for private hire events, weddings and housing large marquees. Towards the rear of the garden is gated access to an OWNER'S GARDEN with mature fruit trees, a large pagoda, several sheds, some additional storage, outbuildings, a vegetable garden, greenhouse and a large poly tunnel. Towards the rear of the owner's garden there are further field views and a children's play apparatus. 

AirBNB

A former converted triple garage with lean-to which has been extended, refurbished to an extremely high standard and converted into 2 x TWO-STOREY COTTAGES with exposed beams, period features and reclaimed woodwork where possible. The cottages are arranged as large triple bed accommodation advertised as a comfortable stay for 4. Front doors provide access to the OPEN PLAN LIVING SPACE measuring approximately 16'08" x 13'08" = 230.08 sq. ft. furnished with quality fixtures & fittings, wall-mounted storage heaters, wall-mounted feature lights, a spotlighted ceiling and further equipped with a flat screen TV and dining table. Patio doors lead to a SMALL PRIVATE COURTYARD with bench-style seating and picturesque greenery views. 

AirBNB Kitchen & Bathroom

FULLY-FITTED KITCHEN measuring approximately 7'02" x 9'06" = 69.06 sq. ft. with base-level and eye-level units, large sink unit, integrated oven with 4-ring induction hob and overhead extraction. The kitchen is further equipped with tea and coffee-making facilities, a microwave and under-counter fridge. GOOD-SIZED BATHROOM measuring approximately 5'09" x 7'00" = 40.67 sq. ft. which is part-tiled and has a hand-wash sink, mirrored cabinets with lights, low-level WC and a good-sized electric shower.

AirBNB Bedrooms

Internal stairs to the BEDROOM which has a high ceiling with large skylight and measures approximately 13'05" x 10'02 = 136.59 sq. ft. The cottages are spacious with natural light, exceptionally well fitted with quality furnishings and command £80 per night with an additional £20 cleaning charge. This rate has been in place for the last 12 months and fluctuates to as high as £120 plus £20 cleaning.

Public House

Main door leads to an entrance corridor that has doors on the left-hand side leading to separate ladies and gents CUSTOMER TOILETS.

Main Bar & Dining Room

From the corridor, a large open doorway leads you into the MAIN BAR AREA and DINING ROOM measuring approximately 30'11" x 18'07" = 575.75 sq. ft. accommodating 40+ COVERS between 2 sections and each benefitting from large open fireplaces. The bar area is fully equipped with 2 x draught pump serving stations, 4-pump ale station, 2 hand-wash sinks, small commercial dishwasher, 2 under-counter drinks display fridges, syrup-mix drinks dispenser and a till serving station. The bar has custom bespoke cabinets, racking, shelving, glass displays and eye-level optics stations.

Separate Dining Area

There is a SEPARATE DINING AREA measuring approximately 13'04" x 18'01" = 242 sq. ft. with low-level ceiling, considered a private dining room, comfortably accommodating 20+ COVERS. This room provides access to an internal staircase leading to private accommodation.

Main Commercial Kitchen

There is also a separate entrance swing door from this room into the MAIN COMMERCIAL KITCHEN. The commercial kitchen is L-shaped with an approximate total area measuring approximately 351.96 sq. ft. benefitting from easy-wipe surfaces, commercial-grade flooring and is fully equipped with racking, shelving, upright freezer, commercial microwave, panini press, a double-door American-style fridge, several stainless-steel surface counters, tables, a large double sink unit, warming cupboards, chest freezer and pantry store. The cooking prep area is further equipped with hand-wash sink, under-counter fridge, stainless-steel prep counters, a 4-door refrigerated chiller with stainless-steel counter prep top and 12-pot saladette, commercial microwave, single domestic fat fryer, 6-burner cooker with double oven, large commercial extraction, a Rational oven and a 2-deck stone pizza oven.

Utility Room

Serving the property is a separate utility/wash room/dry store with linen, a large butler sink, boiler, water tank heater and 2 washing machines.

Store

A good-sized store measuring approximately 16'11" x 9'07" = 163.08 sq. ft. equipped with racking and shelving along with an overflow of commercial equipment, crockery, large chest freezer and an upright fridge/freezer.

3-Bed Owner's Accommodation

Currently arranged as: office-type space on the main landing/hallway which is L-shaped and provides access to a large living space lounge & dining room measuring approximately 16'01" x 19'00" = 307.25 sq. ft. This room benefits from solid-wood flooring, original features, large open fireplace and high ceilings with natural light coming through. Family bathroom with double vanity unit, sink, low-level WC, pear-shaped bath, part-glass shower screen with overhead rainfall shower. Master bedroom measuring approximately 15'03" x 12'07" = 193.45 sq. ft. Large double bedroom measuring approximately 15'07" x 13'11" = 219.03 sq. ft. with double bed, bunk beds, 2 wardrobes and a creative desk station. A good-sized double room.



A door in the hallway leads to external staircase allowing the accommodation to be self-contained.

Trading Hours

The licensed opening hours are 11 am until Midnight Monday to Saturday and 12 Noon until 11.30 pm on Sundays. Christmas Eve, Christmas Day, Boxing Day, Spring Bank Holiday, May Bank Holiday, August Bank Holiday, Good Friday, Easter Monday, Saturday and Sunday allows an extension of the licensed opening hours from 11 am until 1 am. Any other bank holidays are 11 am until 12.30 am.

Turnover

We understand 2 x Airbnb apartments generate an annual income of approximately £35,000 with huge scope to further increase those revenues. Minimal trading is undertaken to accommodate the local community in form of events and takeaways. A casualty of Covid, and combined with our client's choice not to fully re-open, no trade is sold or warranted. Historic trade accounts are unavailable, however we are advised the annual turnover for the pub peaked towards the VAT threshold.

Business Rates

The premises are subject to a rateable value of £6,900 qualifying for zero rates payable.

Legal Costs

Each party are to be responsible for their own legal costs incurred in the transaction.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

About Gilbert and Rose Commercial, Essex Commercial

1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Gilbert & Rose Business Transfer and Commercial Property Sales and Lettings

Gilbert & Rose is a respected and well-established name in the real estate industry, renowned for our expertise in Residential Sales and Lettings. Building on our success in this area, we have expanded our services to encompass business transfer and commercial property sales and lettings. As part of this strategic expansion, we have recently partnered with Bradleys Countrywide Limited, a highly regarded company with over sixty years of experience in commercial business transfer within Essex, Hertfordshire, and Suffolk.

By combining our strengths and leveraging the extensive knowledge and database of our merger partner, we possess unparalleled access to comparable evidence. This enables us to provide accurate valuations and deliver successful business sales for our clients. Our marketing approach is comprehensive and innovative, utilizing a range of powerful tools such as video marketing, professional photography (including drone shots), and virtual tours. We conduct extensive marketing and advertising campaigns, leveraging the reach of the largest business and residential property websites, alongside our own constantly updated platform. We understand the importance of maintaining confidentiality in certain cases, and we offer tailored advertising solutions to meet the specific requirements of our clients.

At Gilbert & Rose, transparency is at the heart of everything we do. Our fees are competitive and transparent, with no hidden charges, and payment is only required upon the successful completion of a transaction. We take pride in providing expert advice and guidance to our clients, whether they are ready to sell or simply seeking information. Our dedicated team is committed to exploring the best options available to suit your individual needs, ensuring that you can make well-informed decisions throughout the process.

Whether you are looking to buy, sell, or lease a property, we invite you to contact us for any further information you may require. At Gilbert & Rose, our commitment to delivering exceptional service is unwavering. We are here to assist you every step of the way on your real estate journey. Get in touch with us today and let us help you achieve your goals with confidence and success.

Notes

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Disclaimer - Property reference RX262324. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Gilbert and Rose Commercial, Essex Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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