HIGHLY IMPRESSIVE 19th CENTURY TRADITIONAL INN
225,000
Tenure
Leasehold
Description
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.
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.
Country
England
County
Hertfordshire
Under Offer
No
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