The Grandison, Bury Lane, Bramfield, Hertford, Hertfordshire, SG14 2QL
Offers in Excess of
£780,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Pub for sale
- USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis
A4, sui_generis_3
Key features
- Situated in affluent village close to Hertford
- Extensively refurbished public house
- Two trade areas (48)
- Two external trade areas (60-80)
- Two bedroom accommodation
- Strong gross turnover of £10,000-£12,000 per week
- Freehold and leasehold options available
Description
The Grandison is situated in the affluent Hertfordshire village of Bramfield. The village lies approximately 3 miles north-west of the county town of Hertford, and 3 miles north-east of Welwyn Garden City. It is nestled in London's Green Belt, a highly sought after area of the Home Counties due to its superb transport links into the city of London.
Bramfield is within easy reach of the A10 and A1(M) motorway which provides fast road access to the M25 at Waltham Abbey and Potters Bar.
The Grandison is a notable two storey public house of brick construction under a pitched tile roof. The property has been superbly invested in in recent years and has been subject to an extensive refurbishment throughout. Despite the property being 300 years old, it is not a listed building.
TRADE AREAS
- BAR: With stripped wood flooring, brick bar servery and exposed timbers. Bi-fold doors to rear trade patio. Seating for 28 with bar stools in addition.
- DINING ROOM: Providing seating for 30.
- GENTLEMEN'S TOILETS.
- LADIES' TOILETS.
- TRADE KITCHEN: Extensively equipped with a range of commercial facilities including commercial pass-through dishwasher, rational oven, 6 burner range cooker, solid top oven, plancha, double deep fat fryer and salamander.
- GROUND FLOOR CELLAR.
OWNERS ACCOMMODATION
Located at first floor level comprising:
- LOUNGE with KITCHENETTE.
- DOUBLE BEDROOM.
- SHOWER and WC.
- OFFICE.
- ATTIC DOUBLE BEDROOM.
- ATTIC STORE ROOM.
EXTERNAL
- REAR TRADE PATIO AND GARDEN: With rattan furniture and parasols providing seating for 30-40.
- FRONT TRADE PATIO: With rattan furniture for 30-40.
- CAR PARK: Space for 20-25 vehicles.
- YARD: With DRY STORE and WALK-IN CHILLER.
Our clients have owned The Grandison for approximately 16 years and have until recently let the property on a lease agreement to third party operators. Since bringing the business back under their ownership, the business has become well-known for its warm and welcoming atmosphere, supported by its modern British food offering. The business enjoys local custom as well as destination diners from the numerous surrounding affluent towns and villages.
It is our understanding that weekly gross turnover stands in the region of £10,000 to £12,000. Further accounting details can be made available following a formal viewing.
FREEHOLD to include fixtures, fittings and goodwill. Stock at valuation in addition.
or
LEASEHOLD to include goodwill and the grant of a new lease as below. Stock at valuation in addition.
TERM: Up to 7 years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord's consent
BOND: A bond equivalent to 3 months' rent in advance plus personal guarantors if the lease is taken as a Limited Company
RENT: £40,000 per annum, paid monthly in advance
RENT REVIEW: Subject to rent reviews at a frequency to be agreed dependent on length of lease at Open Market Rent or RPI (capped and collared at 2.5% and 5%), whichever is the greater.
REPAIR LIABILITY: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property
FIXTURES & FITTINGS: Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair)
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT: VAT will not be payable on the Premium and rental payments
OPTION TO PURCHASE: By negotiation
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
Bramfield is within easy reach of the A10 and A1(M) motorway which provides fast road access to the M25 at Waltham Abbey and Potters Bar.
The Grandison is a notable two storey public house of brick construction under a pitched tile roof. The property has been superbly invested in in recent years and has been subject to an extensive refurbishment throughout. Despite the property being 300 years old, it is not a listed building.
TRADE AREAS
- BAR: With stripped wood flooring, brick bar servery and exposed timbers. Bi-fold doors to rear trade patio. Seating for 28 with bar stools in addition.
- DINING ROOM: Providing seating for 30.
- GENTLEMEN'S TOILETS.
- LADIES' TOILETS.
- TRADE KITCHEN: Extensively equipped with a range of commercial facilities including commercial pass-through dishwasher, rational oven, 6 burner range cooker, solid top oven, plancha, double deep fat fryer and salamander.
- GROUND FLOOR CELLAR.
OWNERS ACCOMMODATION
Located at first floor level comprising:
- LOUNGE with KITCHENETTE.
- DOUBLE BEDROOM.
- SHOWER and WC.
- OFFICE.
- ATTIC DOUBLE BEDROOM.
- ATTIC STORE ROOM.
EXTERNAL
- REAR TRADE PATIO AND GARDEN: With rattan furniture and parasols providing seating for 30-40.
- FRONT TRADE PATIO: With rattan furniture for 30-40.
- CAR PARK: Space for 20-25 vehicles.
- YARD: With DRY STORE and WALK-IN CHILLER.
Our clients have owned The Grandison for approximately 16 years and have until recently let the property on a lease agreement to third party operators. Since bringing the business back under their ownership, the business has become well-known for its warm and welcoming atmosphere, supported by its modern British food offering. The business enjoys local custom as well as destination diners from the numerous surrounding affluent towns and villages.
It is our understanding that weekly gross turnover stands in the region of £10,000 to £12,000. Further accounting details can be made available following a formal viewing.
FREEHOLD to include fixtures, fittings and goodwill. Stock at valuation in addition.
or
LEASEHOLD to include goodwill and the grant of a new lease as below. Stock at valuation in addition.
TERM: Up to 7 years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord's consent
BOND: A bond equivalent to 3 months' rent in advance plus personal guarantors if the lease is taken as a Limited Company
RENT: £40,000 per annum, paid monthly in advance
RENT REVIEW: Subject to rent reviews at a frequency to be agreed dependent on length of lease at Open Market Rent or RPI (capped and collared at 2.5% and 5%), whichever is the greater.
REPAIR LIABILITY: Part repairing and insuring lease agreement. This is not a full repairing and insuring lease with the freeholder retaining responsibility for the structure of the building. The lessee will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property
FIXTURES & FITTINGS: Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair)
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT: VAT will not be payable on the Premium and rental payments
OPTION TO PURCHASE: By negotiation
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
The Grandison, Bury Lane, Bramfield, Hertford, Hertfordshire, SG14 2QL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Watton-at-Stone Station2.2 miles
- Hertford North Station2.4 miles
- Welwyn North Station2.7 miles
Notes
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