Horns, 82 Bramfield Road, Datchworth, Knebworth, SG3 6RZ
- SIZE AVAILABLE
2,924 sq ft
272 sq m
- SECTOR
Pub for sale
Key features
- Freehold public house investment
- Entire property let to a small multiple operator
- Current rent of £54,844 per annnum
- The property is arranged over ground and first floor and extends to 2,924 sq ft
- The rent is subject to five yearly open market rent reviews and annual uncapped RPI increases
- Lease expires March 2036
- We are instructed to invite offers in excess of £750,000 (6.94 NIY)
- Business unaffected by sale
Description
The property comprises the ground and first floor of a two storey detached building with painted timber clad elevations beneath a pitched roof.
Ground Floor: The ground floor provides an open plan L shaped trading area with a central bar servery and seating on loose tables, chairs and bench seating for 54 customers. Ancillary areas include the trade kitchen, customer WC’s, cellar and the former residential bathroom which is currently used as a utility room.
Basement: Cellar and stores.
First Floor: The first floor provides the manager’s accommodation comprising three bedrooms.
Externally: There is a beer garden to the front with seating on loose tables and chairs for 100 customers. The is a gravel car park to front and rear for 16 vehicles.
Location
Located in the county of Hertfordshire, 2.6 miles (4.2 kilometres) south of Knebworth and 4.9 miles (8 kilometres) north of Hertford.
The Horns is situated in a rural hamlet surronded by a small number of residential dwellings and farmland.
Availability_text
The accommodation comprises the following areas:
Virtual Tour
Tenure
The property is held freehold (Title Number HD400203).
Tenancy
The entire property is let to Ariann Leisure Ltd on a 20 year lease from 16 March 2016 at a current rent of £52,735 per annum which is subject to five yearly open market reviews and annual uncapped RPI increases. A rent deposit of £12,888 is held by the landlord.
Planning
The property is Grade II Listed but it is not situated within a conservation area. It is situated in the Green Belt.
Data Room
VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis that the purchasing entity is VAT registered.
EPC
An EPC is in the course of preparation.
Terms
We are instructed to invite offers in excess of £750,000 (6.94% NIY) assuming the usual purchasers costs.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.
Viewings & Contacts
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.
For further information and all viewing requests please contact the sole selling agents Savills.
Fixtures & Fittings
The fixtures and fittings are currently owned by the occupational tenant.
Brochures
Horns, 82 Bramfield Road, Datchworth, Knebworth, SG3 6RZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Watton-at-Stone Station1.9 miles
- Welwyn North Station1.9 miles
- Knebworth Station2.2 miles
Notes
Disclaimer - Property reference 150934-1. 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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