Freehold Tudor Inn with Restaurant Function Rooms & Nightclub For Sale

Business description

Freehold Tudor Inn with Restaurant, Function Rooms, Nightclub & 14 Letting Rooms Set in 8 Acres

Asking price includes:

3* AA Rated Accommodation
Fantastic setting & location
Excellent opportunity to grow
Significant growth opportunities
Excellent opportunities for future growth and further expansion
Training and handover
Significant goodwill

Located on a very busy and main road through the beautiful home county of Hertfordshire and set in its own land of approximately 8 acres, this is an imposing Tudor structure that has everything, from looks to quality fittings, space to tremendous potential. As such it offers new owners a significant opportunity to purchase this freehold site with so much potential, set in a busy, vibrant area that is set for much more growth.

From the large car park access to the pub is through a Tudor walled archway and covered walkway leading to the charming olde worlde inn complete with beamed ceiling and open fires, with a 32 cover restaurant to the rear. Upstairs are another two restaurant areas that offer seating for a further 70 covers. Alternatively they would be superb function rooms for meetings or local functions, weddings etc. Also on the second floor is an owners / managers flat.

A short walk leads to the nightclub with complete lighting and sound systems. Again this is a Tudor style structure that looks inviting and welcoming inside. Around the dance floor is the seating area with bar set to one side, with a balustrade above running around the entire dance floor, filled with further seating and a separate room with bar. This is ideal not only as a nightclub/function venue but also as a meeting room, or would make a superb area for a dinner theatre venue.

The three star AA rated accommodation has a total of 14 en-suite letting rooms, finished to a high standard. These include two singles, one twin room, ten doubles and one luxury double complete with Jacuzzi bath, full body massaging spray shower and luxury accommodation.

This would make an ideal site for a chain or owner looking for a freehold licensed site with exceptional potential. A welcoming pub and restaurants with letting rooms, function rooms and nightclub. An ideal setting for business men to stay or full conference centre and an ideal wedding venue that’s also great for local functions and is realistically priced for a quick sale. In short an opportunity not to be missed.

Growth and Expansion:

Due to personal circumstances there has been a loss of focus and interest resulting in which the business has suffered and declined. The owners now wish to sell and allow new owners to return this once highly profitable business to its former and even greater, trading position.

As a freehold site and free of tie trading position there is significant growth opportunity offered to new owners who wish to return to the strong marketing and business position that was once normal for this hugely attractive and popular venue.


Key Strengths:

Set in this wonderful rural location on one of the busiest thoroughfares in this affluent and beautiful home county, with excellent location and potential this business and site is its own major strength, offering almost unlimited potential and opportunities to a new owner or chain wishing to expand.

Key Opportunities:

This is an outstanding opportunity to build on the existing services and customer base of this business. With a strong demand for its blend of food and environment experience combined with a capacity to increase turnover, a new owner with a passion for quality and contributing fresh ideas will have every advantage of building on an excellent platform. The current owners believe there is huge scope and potential to increase in almost all areas, food, lettings and conference and venue facilities etc.

Property information

Property:

Freehold

Location:

Set in approximately 8 acres this Grade 2 listed Tudor freehold property has lots of space and therefore lots of potential. There are three access points into the property, one from the busy main road at the front and one from the local roads. These both lead through some of the grounds into the car park from where access is gained to the main building areas of the business.

Through a walled archway and along a covered walkway access is gained to the main free of tie pub and restaurants. These are set on two floors with the pub and a 32 cover restaurant downstairs with kitchen, storage and facilities, while the upper floor has two further restaurants/function rooms, facilities and owners/managers flat.

Separate is the nightclub with seating area around the dance floor and bar set to one side, with a balustrade above running around the entire dance floor, filled with further seating and a separate room with bar and usual facilities.

All of the area outside the main buildings is accessed by pathway which also leads to the letting rooms that are rated 3* by the AA. The letting rooms consist of a total of 14 en-suite rooms, finished to a high standard. These include two singles, one twin, ten doubles and one luxury double with Jacuzzi bath, full body massaging spray shower and luxury rooms.

Other information

Expansion potential:

Due to personal circumstances there has been a loss of focus and interest resulting in which the business has suffered and declined. The owners now wish to sell and allow new owners to return this once highly profitable business to its former and even greater, trading position.

As a freehold site and free of tie trading position there is significant growth opportunity offered to new owners who wish to return to the strong marketing and business position that was once normal for this hugely attractive and popular venue.

Support & training:

Full support and training will be provided to the successful purchaser.

Reasons for selling:

The business is for sale as a result of the separation of the vendors.

Trading hours:

Open from 7.00am to 11.00 Monday to Saturday plus Sunday hours the business offers breakfast, lunch and evening meals with hours to suit and benefits from full licensing.