Old Cross Tavern, St Andrew Street, Hertford, Hertfordshire

£650,000

Size

1 - 10,000

Tenure

Freehold

EPC

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Parking

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Primary use
Pub

No floor / site plan

Key features

  • Situated in the heart of busy Hertford town centre
  • Imposing three-storey character property
  • Ground floor pub generating £20,000 per annum
  • Four bedroom flat
  • Potential to be used as two residential units
  • Ideal for a developer or passive investor

Description

Hertford is the county town of Hertfordshire and houses a large population in the region of 27,000 residents. Being only 20 miles north of central London, and connected to it by two railway lines, Hertford continues to grow as one of the region’s most desirable commuter hotspots and employment hubs. The town, fortified after the Norman conquest, still boasts a medieval layout with many character buildings, particularly along St Andrew Street on which the Old Cross Tavern sits. The town retains an affluent country-town feel yet houses a diverse range of national and local businesses.

The Old Cross Tavern is a prominent and eye catching three-storey property commanding a central position along St Andrew Street. This Grade II listed property is understood to date back to the late 17th Century and is of red brick construction with Flemish bond under a Welsh slate roof. It retains many character features including exposed timbers and original brickwork.

GROUND FLOOR & BASEMENT
Let on a commercial lease agreement, measuring in the region of 1,250 sq ft.
- BAR: Stripped wood flooring, two open brick fireplaces and exposed timbers.
- MICRO BREWERY.
- GENTLEMEN'S TOILETS.
- TWO LADIES' TOILETS.
- BASEMENT CELLAR: Cellar cooling unit and electronic barrel winch.
- TRADE PATIO.

FIRST FLOOR
Presented to shell condition, measuring in the region of 522 sq ft.
- LIVING ROOM.
- KITCHEN.
- BATHROOM.
- DOUBLE BEDROOM.
- SINGLE BEDROOM/OFFICE.

SECOND FLOOR
Presented to shell condition, measuring in the region of 427 sq ft.
- KITCHEN.
- UTILITY ROOM.
- BATHROOM.
- DOUBLE BEDROOM.
- LIVING ROOM/DOUBLE BEDROOM.

The Old Cross Tavern is operated by a third party tenant, and is not affected by the sale. All fixtures, fittings, effects and stock on site are excluded from the sale, owned by the Lessee in occupation.

The business is unaffected by the sale.

FREEHOLD £650,000.

The Old Cross Tavern occupies the ground floor and basement area of the premises is let on a part repairing and insuring commercial lease agreement for a term of seven years commencing August 2026. The lease falls within the security provisions of Part II Landlord & Tenant Act 1954. Rental income generated is £20,000 per annum, paid monthly in advance, subject to review every third year of the term at Market Rent or RPI, whichever the greater. A security deposit is held, supported by Personal Guarantees. The lease is free-of-tie.

The upper floors are sold with vacant possession.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

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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Floors in building
3
Energy performance certificate: Ask agent

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

Old Cross Tavern, St Andrew Street, Hertford, Hertfordshire

NEAREST STATIONS

National Rail

Hertford East Station

0.39 miles

National Rail

Hertford North Station

0.48 miles

National Rail

Ware Station

2.37 miles

About Sidney Phillips Limited , South East

Sidney Phillips Limited , South East

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

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Disclaimer - Property reference 96628. 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.