Old Siam, 6 Parliament Square, Hertford, Hertfordshire, SG14 1EY

£1,000,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Restaurant

Key features

  • Well established Freehold Thai Restaurant
  • 100 covers over two floors
  • Town centre location
  • Established trade over 20+ years
  • Potential to purchase 2 sites in group
  • Energy Rating: B
  • Christie & Co Ref: 3868025

Description

Description

The property comprises a Grade II Listed period building occupying a prominent position within Hertford's historic town centre. Believed to originate from the 18th Century with a 19th Century refronting, the property is arranged over two storeys and retains a number of attractive character features. A traditional timber-framed glazed frontage incorporates a recessed central entrance, providing an appealing and distinctive street presence alongside excellent levels of natural light to the trading areas.

In addition to the main entrance, the property benefits from useful side access via gated passageways adjoining the building, providing convenient access for servicing, deliveries and day-to-day operational requirements.

Location

Occupying a prominent position on Parliament Square in Hertford town centre, the Old Siam benefits from a central location within the town's established retail, leisure and hospitality circuit, close to both Hertford East and Hertford North railway stations. The property is well connected via the A10 and A414, providing convenient access to Ware (2 miles), Welwyn Garden City (8 miles), Harlow (10 miles), Stevenage (12 miles) and St Albans (13 miles), whilst Central London lies approximately 25 miles to the south. The location offers excellent accessibility and enjoys a strong position within one of Hertfordshire's principal market towns.

Internal Details

The Old Siam has been comprehensively refurbished by the current owners during their tenure, creating an authentic and highly distinctive trading environment. Handcrafted carved teakwood features extensively throughout the restaurant, with much of the bespoke timberwork individually sourced and imported from Thailand. The ground floor comprises a welcoming reception area with informal seating for takeaway collections, a fully stocked bar, and a principal dining space capable of accommodating in excess of 60 covers. To the rear, the owners have created a unique private dining area incorporating traditional Thai-style seating, providing an intimate setting for up to 16 guests. This area also benefits from a dedicated service station and dumb waiter connecting to the first floor.

An ornate staircase rises to the first floor, where a fully fitted commercial kitchen is located, complete with extraction system, preparation areas and wash-up facilities. Also situated on this level is a secondary dining room, which is well utilised throughout the week and offers flexibility as a private function space, accommodating a further 32 covers when fully laid out. The first floor also benefits from a second bar, enhancing its suitability for exclusive events and private hire, together with well-presented customer WC facilities maintained in excellent decorative order.

Fixtures & Fittings

All fixtures and fittings to be included in the sale. A fully inventory will be made available.

External Details

The Old Siam occupies a central position on Fore Street in the heart of Hertford town centre. Access to the rear of the property is available via a gated passageway to the side of the building, providing access to neighbouring premises as well as servicing areas, including the bin store and a dedicated fire escape route. This practical secondary access supports the day-to-day operation of the business whilst remaining separate from the main customer entrance.

The Opportunity

The Old Siam represents a rare opportunity to acquire a long-established and highly regarded Thai restaurant in the heart of Hertford. The business is one of two successful Thai restaurants operated by the current owners for over 20 years, during which time they have built a loyal customer base and an excellent reputation, resulting in consistently strong levels of trade and regular advance bookings throughout the week.

Having successfully established both businesses, the owners are now seeking to reduce their involvement in the hospitality sector and spend more time with family. As such, they are willing to dispose of The Old Siam either as an individual acquisition or as part of a package with their sister operation, Thai Cottage, Berkhamsted.

The owners are prepared to offer a suitable handover period to ensure a smooth transition and are keen to see the business continue to flourish under new ownership. The opportunity is likely to appeal to experienced hospitality operators seeking a proven and profitable trading business, as well as local entrepreneurs looking to acquire a well-established restaurant in a strong Hertfordshire market.

Staff

The business operates with an experienced team, and it is anticipated that eligible employees will transfer to the purchaser under the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE), ensuring continuity of trade following completion.

Trading Information

The business currently trades through combined accounts covering both Old Siam and Thai Cottage. The proprietor has confirmed that approximately 55% of turnover is attributable to Old Siam, with the remaining 45% generated by Thai Cottage.

For the year ended 30 September 2025, the combined business reported a turnover of £2,106,644 and net profits of £311,461.

Detailed financial information relating to the businesses will be made available following a formal viewing.

Trading Hours

The business currently operates 7 days per week with daily lunch and dinner service.

Tenure

Freehold.

Business Rates

Current rateable value (1 April 2026 to present) £38,750.

Regulatory

Premises licence.

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: B

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 Siam, 6 Parliament Square, Hertford, Hertfordshire, SG14 1EY

NEAREST STATIONS

National Rail

Hertford East Station

0.32 miles

National Rail

Hertford North Station

0.61 miles

National Rail

Ware Station

2.28 miles

About Christie & Co, Pubs & Restaurants

Christie & Co, Pubs & Restaurants

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From traditional pubs and vibrant nightclubs to sophisticated wine bars and community-led social clubs, licensed trade businesses are our passion. We have unrivalled experience and expertise in the UK pub sector. — and with a network of 11 offices and the UK’s largest hospitality team, our clients benefit from unrivalled local market knowledge.

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Disclaimer - Property reference 3868025-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 & Co, 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.