Freehouse For Sale

Business description

Large car park for approx. 25 cars

Attractive lawned beer garden. Attractived decked area with 4 tables plus seating for 20 persons.

Entrance to -

LARGE SINGLE BAR, fully carpeted. 2 open fireplaces (1 with gas fire). Bar with 8 hand pumps, electronic cash register, 1 double door glass fronted counter fridge, optics, glasswasher, ice machine. Tables and chairs plus settees and bar stools for 40/45 persons plus ample standing.

Ladies' cloakroom with 2 w.c's, vanity unit with wash hand basin
Gentlemen's cloakroom with 2 w.c. 2 urinals, vanity unit with wash hand basin

Kitchen with gas cooker, deep fryer, 1 fridge/freezer, 1 fridge, double sink and drainer.

Conservatory

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable Brewery lease, the present lease having approximately 3½ years unexpired at a rental of £28,500 p.a. exclusive of rates, fixed for the remainder of the term.

Please note the Public House is tied we understand for beers only with 1 guest ale allowed.

Uniform Business Rates: £5,090 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Living accommodation:

The accommodation situated on the first floor with FULL GAS FIRED CENTRAL HEATING, comprises: 2 Double Bedrooms Bathroom with bath, w.c. and wash hand basin Large Lounge

Location:

Excellent main road trading position, HERTFORDSHIRE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £2,500 p.w. mainly wet sales, in our opinion offering tremendous potential for additional catering. Gross profit 55% approx.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £79,500 Plus Stock At Valuation Substantial Loan To An Approved Applicant

Trading hours:

Monday - Thursday inclusive - 12 noon - 11 p.m.
Friday & Saturday - 12 noon - 1.30 a.m.
Sunday - 12 noon - 10.30 p.m.

Financing available:

Substantial Loan To An Approved Applicant.