Bury Lane, SG14

**BUSINESS UNAFFECTED BY SALE**

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.
- 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: Seating for 30-40.
- FRONT TRADE PATIO: Seating for 30-40.
- CAR PARK: Space for 20-25 vehicles.
- YARD: With DRY STORE and WALK-IN CHILLER.

The Grandison is operated by a third party Tenant as a village pub with contemporary rustic styling, known for its local beers and British dishes.
No trade is sold or warranted. The Tenant's trade accounts are not available for examination.

**THE BUSINESS IS UNAFFECTED BY THE SALE**

FREEHOLD £650,000 (Net Yield 6.15%)

The property is sold subject to a part repairing and insuring lease agreement, with the Landlord responsible for the foundations, structural wall of the property (excluding external render and cladding) and below ground drainage. The lease is for a term of seven years from 1 February 2025 and falls inside the Landlord & Tenant Act 1954. Rent currently stands at £40,000 per annum, paid monthly in advance. Rent is subject to review every five years at Open Market Rent or RPI (capped and collared at 2.5% and 5%), whichever the greater. The lease is free-of-tie.