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Full Details

Park Street, Dry Drayton

OIRO 75,000 Leasehold

General Description

Attractive period building built in 1760,in an idyllic village,6 miles from Cambridge,and just off the M11.

THE BLACKHORSE.35 PARK STREET.DRY DRAYTON.CAMBS.CB238DA.

LOCATION: 

Built in 1760 ,this attractive period building is located adjacent to the village school,in a lane just off the main village through road.This affluent commuter village is 6 miles from Cambridge,and accessed just after junction 14 on the M11,giving easy access to London.

 

 

TENURE:

Leasehold.Original 20 year term,with 12 years remaining,granted by a private landlord.

 

Rent.£9600.00 pa.Fixed for the next 3 years.Payable monthly in advance.

 

Tie..Free of tie for all products beer,wines,spirits,minerals,& cider .

 

 

PREMISES LICENCE:
The premises hours for the sale of alcohol are as follows:

        Monday to Sunday           - 11.00-23.00

       

The actual trading hours were quite limited when trading

        Wednesday to  Friday      - 12.00-15.00   18.00-23.00

        Saturday                        - 12.00-23.00

        Sunday                           -12.00-16.00

 

 

ACCOMMODATION:

Trade - This period building has many original architectural features throughout .

Ground floor entered via central front door.

Wooden floor throughout.

Left hand end,was set up as the Darts area.

Door to rear lobby to toilets.Ladies.tiled floor,1 wc,basin.Gents.tiled floor,2 urinals,1 wc,basin.

Door to rear garden.

Central bar area.Feature brick built fireplace. store room off.

Restaurant area.30 covers,tiled floor.double doors to rear garden.

Bar Servery.Altro flooring .

Door to

Cellar

Kitchen.with stainless steel single sink and drainer .

Door to storage

Doors to cellar,garden and bar.

Door/stairs up to private accommodation

To right Kitchen,tiled floor,fitted units.Bathroom,shower,wc,basin.Landing.

To left Dining room/office,through to.Living room.2 Double bedrooms,one with stairs down to restaurant.

Oil central heating throughout.

Outside.Rear grassed and patio trade garden.r

seating,smoking shelter//wood store.

Gate to Car park for 20/25 cars.Access to usable rear field[not in lease],and wooded area.

The fixtures and fittings were sold in anticipation of the now aborted freehold sale. 

 

TURNOVER

 

The present leasee has been insitu 5 years ,and only operated on limited trading hours,until closing in anticipation of a freehold sale that failed after a year of negotiations.

We have been provided with a draft trading profit and loss account for the 10 months to 31.1.2016 that details the following

Net Income from sales      £108155

Gross profit                         70507

Net profit                         £ 18507

 

PRICE:

This is an opportunity to  purchase a Free of Tie publichouse/restaurant in a  very sought after area.

We are seeking offers in the region of £75,000.00  for the remaining leasehold interest.
The freehold is also available for £370,000.00,to include vacant possession.


VIEWING:

STRICTLY BY APPOINTMENT THROUGH THE VENDORS AGENTS.
(Martin Smith has personally inspected this property)
YOUNG AND SMITH

6 COWBRIDGE

HERTFORD

HERTS

SG141PQ
 Telephone 07860409034

Email: martin@mvsmith.co.uk

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 
Viewing
Please contact our Young and Smith Office on 07860 409 034 if you wish to arrange a viewing appointment for this property or require further information.

Disclaimer
Young and Smith endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.