ATTRACTIVE AND TRADITIONAL 16th CENTURY INN

PriceTenureReferenceLocationPosting date
£125,000.00 Leasehold 8070L Hertfordshire 19-04-2018
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  • Deposit received solicitors instructed
  • Imposing and substantial inn situated in the prime village location of Stanstead Abbotts.
  • Traditional Lounge Bar (circa 35), Public Bar (circa 15), Cosy Snug (circa 6/8) and a Versatile and Multi-Functional Restaurant (circa 40+ covers).
  • Fully equipped Commercial Catering Kitchen.
  • Good sized Beer Garden and Patron’s Car Park.
  • Impressive 4/5 Bedroomed Family Accommodation.
  • Exuding a wealth of charm and character throughout.
  • Advised turnover for YE February 2017 circa £595,000 (incl. VAT). Reconstituted Net Profit circa £100,000. Current sales consistent with 2017.
  • Trade derived from circa 65% wet sales and 35% food sales. Undoubted potential for catering/events orientated operators.
  • Punch Taverns partially tied renewable lease.
AN EXTREMELY RARE AND GOLDEN OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED AND SUCCESSFUL LIFESTYLE BUSINESS WITH UNTOLD POTENTIAL

ASKING PRICE £125,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

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