Bury Lane, SG14
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Pub for sale
- USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis
A4, sui_generis_3
Key features
- Situated in affluent village close to Hertford
- Extensively refurbished public house
- Two trade areas (48)
- Two external trade areas (60-80)
- Two bedroom accommodation
- Available freehold or on a new free-of-tie lease
Description
- BAR: With stripped wood flooring, brick bar servery and exposed timbers. Bi-fold doors to rear trade patio. Seating for 28 with bar stools in addition.
- DINING ROOM: Providing seating for 30.
- GENTLEMEN'S TOILETS.
- LADIES' TOILETS.
- TRADE KITCHEN.
- GROUND FLOOR CELLAR.
OWNERS ACCOMMODATION
Located at first floor level comprising:
- LOUNGE with KITCHENETTE.
- DOUBLE BEDROOM.
- SHOWER and WC.
- OFFICE.
- ATTIC DOUBLE BEDROOM.
- ATTIC STORE ROOM.
EXTERNAL
- REAR TRADE PATIO AND GARDEN: Seating for 30-40.
- FRONT TRADE PATIO: Seating for 30-40.
- CAR PARK: Space for 20-25 vehicles.
- YARD: With DRY STORE and WALK-IN CHILLER.
FREEHOLD OFFERS IN EXCESS OF £600,000 to include goodwill, fixtures, and fittings. Stock at valuation in addition.tt
or
LEASEHOLD OFFERS IN THE REGION OF £50,000 to include goodwill, fixtures, fittings and the grant of a new lease as below. Stock at valuation in addition.
TERM: Up to 7 years.
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954.
ASSIGNABILITY: Fully assignable subject to Landlord's consent.
BOND: A bond equivalent to 3 months' rent in advance plus personal guarantors if the lease is taken as a Limited Company.
RENT: £49,750 per annum, paid monthly in advance.
RENT REVIEW: Subject to rent reviews at a frequency to be agreed dependent on length of lease at Open Market Rent or RPI (capped and collared at 2.5% and 5%), whichever is the greater.
REPAIR LIABILITY: Full repairing and insuring.
FIXTURES & FITTINGS: Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair).
TIE: Free of all trade ties.
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 not be payable on the Premium or rental payments.
OPTION TO PURCHASE: By negotiation.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Bury Lane, SG14
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Watton-at-Stone Station2.2 miles
- Hertford North Station2.4 miles
- Welwyn North Station2.7 miles
Notes
Disclaimer - Property reference 95541. 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 Sidney Phillips Limited, South East. 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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