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Reference : H7685

Sought after idealic position, HERTFORDSHIRE. (Please register to make appointments and view addresses)

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.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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.

The business is at present operated by the vendor with the assistance of 1 full time staff plus additional part time staff when required.

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.

Lawned area.
Car Park for 32 cars.

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 INSPECTION

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