New Build Countryside Public House

For Sale / To Let

 

SUMMARY

INVESTMENT SUMMARY

        • Only Pub in attractive and affluent village on Hertfordshire / Essex border.
        • Totalling 4,229 sq ft (393.2 sq m) of accommodation over ground and first floors.
        • Benefits from car parking provisions for 20 vehicles.
        • New-build shell condition.
        • Offers are invited, for the Freehold interest, in excess of £795,000 (subject to contract).
        • Free of tie lease available by separate negotiations.

LOCATION

LOCATION

Stocking Pelham is a quaint rural hamlet and civil parish in the East Hertfordshire district of Hertfordshire. It is located on the border with Essex, 6.9 miles (11.1 km) east of Buntingford and 7.5 miles (12 km) north of Bishops Stortford.

The village is one of the three Pelhams, along with Brent Pelham some 2.4 miles (3.8 km) to the north-west and Furneux Pelham located 1.7 miles (2.7 km) to the west. Stocking Pelham is one of the smallest parish villages with a total area of approximately 650 acres of surrounding countryside and is well located for access to the nearby towns of Saffron Walden and Bishop’s Stortford. The M11 motorway and Stansted Airport are also within easy driving distance.

Both Brent Pelham and Furneux Pelham have public houses within the villages whereas the subject property is the only facility in Stocking Pelham and has historically drawn in customers from the wider area.

 

DESCRIPTION

DESCRIPTION

A traditional public house inspired design providing circa 4,229 sq ft (393.2 sq m) of trading area, with provisions for a large kitchen, bar and restaurant space, ancillary cellar, storage, and toilet facilities on the ground floor.
At first floor level the main section of the building provides the opportunity for live-in landlord / manager’s accommodation with 6 letting rooms or alternatively a five bedroom flat with a small office and store room. The building is currently in shell condition and provides a blank canvas for any prospective purchaser or tenant to work from.

ACCOMMODATION

We have been provided with floor areas which we understand have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) on a gross internal basis, and are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

TENANCY

TENANCY

The property is offered with Full Vacant Possession.

TENURE

Freehold.

LEASE OPPORTUNITY

A new free of tie lease can be granted on flexible terms.

The vendor would consider a capital contribution subject to status and experience. Offers are invited for a premium and rent.

It is anticipated that the proposed tenant would have experience in food led hospitality with the vision and passion to develop trade from a standing start.

Advised Licensing Hours to be confirmed.

 

 

IMAGES

PHOTO GALLERY

PROPOSAL

VAT

The property is not elected for VAT.

PRICE

Offers are invited in excess of £795,000 , subject to contract and exclusive of VAT. This reflects a capital value of £188 per sq ft (GIA) with standard purchasers costs at 5.56%

MISREPRESENTATION ACT 1997 & DECLARATION

Buchanan Bond Real Estate Ltd, for themselves and for the vendors of this property whose agents they are, give notice that:
i) The particulars are set out as a general outline only for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract.
ii) All descriptions, dimensions, references to condition and necessary permission for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
iii) No person in the employment of Buchanan Bond Real Estate Ltd has any authority to make or give any representation or warranty in relation to this property.

BROCHURE

BROCHURE

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