HIGHLY IMPRESSIVE 19th CENTURY TRADITIONAL INN

PriceTenureReferenceLocationPosting date
£225,000.00 Leasehold 7983L Hertfordshire 17-09-2017
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  • Deposit Taken – Solicitors Instructed
  • Imposing and substantial inn situated in the prime location of Hemel Hempstead
  • Welcoming Lounge Bar (circa 40+), Multi-Functional Conservatory Restaurant (circa 30+ covers) and a Versatile Dining Room/Bar (circa 40 covers).
  • 8 highly impressive ensuite Letting Bedrooms.
  • Good sized 3 Bedroomed Owner’s Accommodation.
  • Equipped Commercial Catering Kitchen.
  • Advised turnover for March 2017 circa £530,000 (incl. VAT) with Reconstituted Net Profit of circa £100,000.
  • Trade split circa 90% wet sales and 10% accommodation sales. Franchised Kitchen on a verbal agreement. Undoubted potential for catering/functions orientated operators.
  • Greene King ‘part tied’ renewable lease.
  • AVAILABLE FOR THE 1st TIME IN 11 YEARS
A GOLDEN AND EXTREMELY RARE OPPORTUNITY TO PROCURE AN ESTABLISHED AND SUCCESSFUL LIFESTYLE BUSINESS OFFERING TREMENDOUS GROWTH POTENTIAL

 

ASKING PRICE £225,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

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