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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 7,981 TIME(S)
BUSINESS REFERENCE : H7685 / RightBiz

MOST ATTRACTIVE DETACHED OLDE WORLDE LICENSED HOTEL & RESTAURANT.

 

 
Attractive detached property we understand built in 1878. GRADE 2 LISTED BUILDING. Residential & Restaurant Licence. Sought after position and with the advantage of being only approx. 10 minutes drive from Stansted Airport. Entrance to attractive Lounge Bar with oak floor, beamed ceiling, brick walls. Attractive bar with brick facia, wooden servery, 1 hand pump, electronic cash register. Tables and chairs providing seating for 25 persons. Wall lighting. Ladies & gentlemen's cloakrooms, each with w.c. and wash hand basin. Stairs to first floor Restaurant, fully carpeted. Quality tables and chairs providing seating for 40 persons. Wall lighting. Large commercial kitchen adjoining with industrial non-slip floor. We understand the majority of the equipment is landlord's fixtures. The equipment includes 1 solid top gas cooker, 1 6-burner gas cooker, stainless steel extractor unit, electric griddle, 2 deep fryers, dishwasher, double sinke and drainer, 4 fridges, 1 fridge freezer etc. Staff cloakroom with w.c. and wash hand basin Freezer room/laundry room with 3 chest deep freezes, 1 large fridge, washing machine and tumble dryer. Letting accommodation - Ground Floor 2 Single Bedrooms 2 Double Bedrooms 1 Twin Bedroom 1 Family Bedroom All with en suite shower rooms with shower, w.c. and wash hand basin First floor 2 Family Bedrooms 2 Single Bedrooms Each with en suite shower room with shower, w.c. and wash hand basin Second floor 2 Double Bedrooms 2 Single Bedrooms Each with en suite shower room with shower, w.c. and wash hand basin Third Floor 3 Twin Bedrooms 1 Treble Bedroom Each with en suite shower room with shower, w.c. and wash hand basin Separate Annexe comprising Ground Floor 4 Double Bedrooms Each with en suite shower room with shower, w.c. and wash hand basin 2 Single Bedrooms Each with en suite shower with shower, w.c. and wash hand basin In addition, there is a separate building providing additional letting accommodation, comprising: Garden Level 3 Single Bedrooms Each with en suite shower room with shower, w.c. and wash hand basin Ground Floor 2 Treble Bedrooms Each with en suite shower room with shower, w.c. and wash hand basin 1 Double Bedroom with en suite shower room with shower, w.c. and wash hand basin 2 Single Bedrooms Each with en suite shower room with shower, w.c. and wash hand basin First Floor 3 Double Bedrooms 1 Treble Bedroom 1 Single Bedroom All with en suite shower rooms with shower, w.c. and wash hand basin We understand that all the letting bedrooms are fully carpeted and fully furnished.

BUSINESS LOCATION:

Undisclosed Hertfordshire UNITED KINGDOM

BUSINESS SECTOR:

Commercial Property

TRADE TYPE:

Leisure, Pubs & Hotels

SALE:

Agent Sale

LEASEHOLD:

£150000
   
 
   

BUSINESS DETAILS:

Location Sought after idealic position, HERTFORDSHIRE.Opening Hours Weekdays - Breakfasts
7 a.m. - 9 a.m. re-opening at 3 p.m. - 11 p.m.
Saturday opening - 7 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 4 p.m.Turnover WE ARE INFORMED the turnover is in the region of 6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.Tenure We understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of 40,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 13,500 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Lawned area.
Car Park for 32 cars.Staff The business is at present operated by the vendor with the assistance of 1 full time staff plus additional part time staff when required.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

H7685 / RightBiz

ENQUIRIES:

 
 
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