Beefeater Crows Nest, Tring Hill, Tring, HP23 4LD

Guide price

£650,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Restaurant

No floor / site plan

Key features

  • Adjacent to 42-bedroom Premier Inn
  • c.250 internal covers
  • c.200-cover garden & terrace
  • Children's play area
  • Events and functions potential
  • Flat and detached bungalow included. Energy Rating C
  • Christie & Co Ref: 3868003

Description

Description

The property comprises a substantial detached Beefeater restaurant and pub occupying an extensive site with significant internal and external trading areas.

Configured to accommodate high-volume food-led trade, the business benefits from multiple customer zones including a bar, spacious restaurant and extensive landscaped external trading areas. The property has historically operated as a family-focused destination venue and is particularly well suited to events, celebrations, group dining and seasonal outdoor trade

Location

The property occupies a prominent position on Tring Hill, immediately adjacent to the Premier Inn Tring hotel.

Situated on the western approach to Tring and close to the A41, the site benefits from excellent connectivity to Aylesbury, Hemel Hempstead, Berkhamsted and the wider Hertfordshire and Buckinghamshire markets.

The location provides a strong blend of local, destination and tourist trade, with Tring's attractive market town centre, the Chiltern Hills and nearby visitor attractions generating year-round footfall. The adjoining 42-bedroom Premier Inn further enhances the business through overnight guest trade and breakfast custom

Internal Details

The trading areas comprise a welcoming bar accommodating approximately 40 covers together with a spacious restaurant providing around 210 covers.

The premises are supported by extensive commercial catering facilities, including an open kitchen positioned adjacent to the restaurant, creating an engaging dining environment and efficient service operation.

Back-of-house facilities include a large food preparation area, wash-up section, walk-in refrigeration, staff welfare facilities, office accommodation and extensive storage throughout. The overall layout has been designed to comfortably support substantial customer volumes and high levels of food output.

Fixtures & Fittings

The trade fixtures and fittings are included in the purchase price. Certain items bearing corporate identity, brand name, third-party owned or on the excluded list (see “Terms of Disposal” document) may be removed from the property prior to, or shortly after, completion.

Other Information

T&C’s Link
Click Here for Terms and Conditions

Boundary Plans
• Restaurant Only Disposal - the plans edged in red are a guide to Whitbread’s property’s ownership, the boundary edged in blue is the demise that will transfer as part of the Freehold, Long Leasehold or shorter leasehold transactions.
• Whole Site Disposal – the plans edged in red are a guide to the property’s boundary only. Please seek your own legal advice in respect to the ownership plan.
• Stacked Sites – where the restaurant sits directly below the hotel, the access from the Hotel reception will be closed off, with access directed through the main restaurant entrance.

Service Charge (excluding Whole Sites) The buyer will be expected to pay a service charge, to cover common areas and grounds maintenance and repairs on a proportional basis.

VAT - will be calculated if the property has living accommodation at 90% or 100% if not and will be added to the purchase price. If the transaction is deemed to be a Transfer of a Going Concern (TOGC), VAT will not be payable.

External Details

Externally, the property benefits from extensive grounds incorporating a substantial terrace and garden with seating for approximately 200 customers. A dedicated children's play area enhances the venue's appeal to families and supports strong daytime and weekend trade.

The generous outdoor space is particularly well suited to functions, corporate events, live entertainment and seasonal trading opportunities.

The property further benefits from ample shared customer parking serving both the restaurant and adjoining Premier Inn hotel, ensuring convenient access for customers and event attendees alike. The highly visible roadside position provides excellent prominence and passing exposure.

Owner's Accommodation

Owners' and staff accommodation is provided in the form of a well-proportioned three-bedroom flat together with a separate two-bedroom detached bungalow located within the site.

The provision of two self-contained residential units offers considerable flexibility for owner occupation, management accommodation or staff housing requirements.

The Opportunity

This is an excellent opportunity to acquire a substantial hospitality venue in an affluent and highly accessible Home Counties location.

The combination of significant internal capacity, extensive external trading areas and direct proximity to a branded hotel creates a platform capable of supporting a wide variety of hospitality concepts.
The large garden, terrace, play area and event space provide exceptional scope to further develop family dining, destination food-led trade, private functions, celebrations and seasonal outdoor events.

The extensive site and established infrastructure present an opportunity for an operator to build upon an already proven trading format whilst introducing their own branding and operational vision.

Staff

The sale is subject to TUPE - Transfer of Undertaking (Protection of Employment), all staff will transfer with the business on completion. Anonymised schedules will be available in the data room for review by qualified parties only.

Trading Information

Trading information is available exclusively to qualified buyers via a secure data room. Access is subject to the execution of a signed Non-Disclosure Agreement (NDA). For further details, please contact the appointed agent.

Tenure

Freehold

Regulatory

The property benefits from a Premises Licence. Any prospective purchaser will be required to hold a Personal Licence and to apply, at their own expense, for the transfer of the Premises Licence (subject to approval by the licensing authority).

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Beefeater Crows Nest, Tring Hill, Tring, HP23 4LD

NEAREST STATIONS

National Rail

Tring Station

3.11 miles

National Rail

Wendover Station

3.16 miles

National Rail

Stoke Mandeville Station

3.9 miles

About Christie Owen & Davies Ltd, Pubs & Restaurants

Christie Owen & Davies Ltd, Pubs & Restaurants

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work
We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services
We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick
Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

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Disclaimer - Property reference 3868003-fh. 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 Christie Owen & Davies Ltd, Pubs & Restaurants. 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.