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

£3,000 pcm
£36,000 pa

£3.59 per sq ft

Business rates & charges may apply

Savills, Margaret Street - Licensed Leisure
SIZE AVAILABLE

10,019 sq ft

931 sq m

SECTOR

Pub to lease

Lease details

Lease available date:
Ask agent

Key features

  • 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

Description

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.

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.

Brochures

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

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bishop's Stortford Station6.4 miles

Notes

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Disclaimer - Property reference 182230-2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Margaret Street - Licensed Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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