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The White Horse is a historically significant pub located on Castle Road, Hertford, near the picturesque Hertford Castle grounds. This 17th-century, Grade II-listed building is noted by CAMRA (Campaign for Real Ale) for its special historical interest, reflecting its deep-rooted heritage. The pub is positioned amidst a blend of small commercial and residential properties, making it accessible to both local residents and visitors. Conveniently, it is close to Hertford's main thoroughfare and is situated between the town's two train stations, which offer direct routes to London and Stevenage. Hertford itself is a thriving town with strong demographics and a population of approximately 28,000, many of whom commute to London for work. The White Horse benefits from this, serving both the local community and a regular influx of visitors and commuters, making it a key social hub within this well-connected town
Pub Layout
Upon entering The White Horse pub, you're immediately greeted with a choice to go left or right. Heading to the left takes you into the 'main bar,' the original section of this 17th-century pub. This cosy space has around 12 seats and features an L-shaped bar and a charming fireplace, all rich with original character and historic details. In this area, you'll also find access to the essentials: toilets, the cellar, and the kitchen. On the right side of the entrance, the pub offers a bit more space, with seating for around 24 people. This section also features a smaller bar servery, another welcoming fireplace, and leads to the rear patio. From here, you can head upstairs, where the pub boasts an additional four separate rooms that can be used for trading or private functions, offering even more versatility for guests looking to enjoy a unique and historic atmosphere.
The private accommodation is a separate 2 bedroom cottage in good condition and is located next to the pub, comprising of a lounge, kitchen and 2 en-suite bedrooms.
Annual Rent: £12,000 – starting rent of £4,000 per annum available
Security Deposit: £5,000
Working Capital: £1,000
Stock: £3,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
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.
The ideal licensee will be creative, engaging and resilient. This is a tough market, but the pub is well known and ready for a new lease of life. An interest in cask and craft beer and getting sales from all angles of the marketplace. The customer base around this pub and in Hertford know all about quality and you will need to deliver on this. The pub needs to utilise all of its assets, and provide quality hospitality to the local marketplace. The property feel and environment lends itself to mid and premium product range, strong service element and extremely strong external marketing to drive custom.
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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