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Located in a small village between the affluent Hertfordshire towns of Hitchin & Baldock. The pub is a stone built detached property that sits on a fairly large sized plot with good car parking spaces & a large terrace/beer garden. The property is spread over two floors. Upstairs is all domestic accommodation whilst downstairs makes up the trading areas of a small public bar, a large lounge/dining bar area, toilets & a well equipped commercial kitchen. The pub is the only facility in the village. The pub has been with the same tenant for 30yrs, who have decided it is time to retire. The pub has a very well established older clientele base who frequent the pub more through the lunchtime hours rather than in the evening.
Pub Layout
As you enter the front main entrance you have a choice of two doors. To right you would access the public bar area with small bar servery & gents toilets. The area will seat approx. 30 customers & is used predominately for drinking & showing TV Sport.
To the left, you enter into the large lounge area with a good sized bar servery with a good choice of draught beers & a back bar displaying its wine & spirits offer. Currently the lounge area is used for serving its traditional food offer & a quieter more relaxed drink. The area will accommodate approx. 60 covers. This area leads out from a side door to the well kept garden & terrace area.
Large terrace & garden are to side of the building that can be accessed from the main lounge/dining bar area. The garden is well fenced in for safety. A small children's play area with climbing tree is also in use. No current external covered area, that will be looked at, to benefit from year round trading
The private accommodation consists of 2 bedrooms, Lounge & Bathroom all in excellent condition. Commercial kitchen downstairs is also used for private cooking.
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £5,000
Stock: £3,000
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Current long term tenants are retiring after 30 yrs in situ. Ideally we are looking for a vibrant food led couple who will involve themselves with the local community & build the local village support. Previous experience would be beneficial but a new to trade couple who are willing to work hard & produce a quality offer throughout the pub could also enjoy their first venture.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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