icons_size_white icons_size
menu

Agent's details

Axe & Compasses, 28 The Street, SG11

For sale: £450,000.00|To rent: £36,000.00 Per Annum|0.23 Acre|Pubs/Bars/Clubs, Licensed & Leisure

Property details

FOR SALE£450,000.00
TO RENT£36,000.00 Per Annum
SIZE0.23 Acre
ADDRESSAxe & Compasses, 28 The Street, Braughing, Ware, SG11 2QR
TYPEPubs/Bars/Clubs, Licensed & Leisure
TENURETo Let, Under Offer, For Sale Freehold, For Sale Leasehold
POSTED ON28th May 2024

Description

Key Points

  • Public house for sale / to let
  • Attractive village location
  • Manager's accommodation at first floor level
  • Offers are invited in excess of £450,000 for the benefit of our client's freehold interest with vacant possession
  • Alternatively, a new free of tie lease is available for a term to be negotiated with a guide rent of £36,000 per annum
  • Summary

    Public house in attractive village location available For Sale or To Let

    Description

    The property comprises the ground and first floor of a two storey detached building with painted brick, rendered and part timber elevations beneath a multi pitched tile roof.

    Location

    Located in the attractive village of Braughing near Ware in the county of Hertfordshire, 24.9 miles (40.1 kilometres) south of Cambridge, 27.4 miles (44.1 kilometres) north west of Chelmsford and 41.2 miles (66.3 kilometres) north of Central London.

    The Axe & Compasses is situated fronting The Street in a residential area in the centre of the village where local facilities include Jenyns Primary School and Saint Mary The Virgin Braughing church.

    Availability_text

    The accommodation comprises the following areas:

    Accommodation

    Ground Floor: The ground floor provides a bar area to the front with a central bar servery and the main restaurant trading area to the rear with seating on loose tables and chairs for approximately 54 customers. Ancillary areas include customer WC’s to the left and trade kitchen to the rear.

    First Floor: The first floor provides manager’s accommodation comprising three bedrooms, bathroom and living room.

    Externally: There is a large beer garden to the rear which benefits from a separate external bar servery and seating on benches for approximately 63 customers. There is a car park to the rear with spaces for 20 vehicles.

    Tenure

    The property is held freehold (HD398172).

    The area outlined in blue on the adjacent promap is unregistered land previously used by the former tenant as part of their beer garden.

    Premises Licence

    The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol under the following hours:

    Monday to Saturday: 10:00 - 23:00
    Sunday: 12:00 - 22:30

    Planning

    The property is Grade II Listed and situated within Braughing Conservation Area.

    EPC

    D-81.

    Fixtures & Fittings

    The fixtures and fittings may be included within the sale by way of separate negotiation.

    Guide Price

    Offers in the region of £450,000 for the benefit of our client's freehold interest with vacant possession.

    The property is elected for VAT which will be chargeable in addition to the purchase price.

    Guide Rent

    Offers in excess of £36,000 per annum are invited for a new free of tie lease on terms to be agreed.

    Rateable Value

    2023 Rateable Value - £4,000.

    Money Laundering

    Money Laundering Regulations require Savills to conduct checks upon all purchasers/tenants. Prospective purchasers/tenants will need to provide proof of identity and residence.

    Viewings & Contacts

    The property is currently closed so for further information and all viewing requests please contact the sole selling agents Savills.

    Location

    marker
    Location: Axe & Compasses, 28 The Street, Braughing, Ware, SG11 2QR

    Bishops Stortford (6.2 miles)

    Watton-at-Stone (7.2 miles)

    Stansted Mountfitchet (7.2 miles)

    close
    What do you think of our website?
    Complete our survey and
    you could win £1000
    Start here