Vicarage Causeway, Hertford Heath, Hertford, Hertfordshire, SG13 7RT
Quintessential village pub, on the village green in this picturesque Hertfordshire village. As you would expect with any village pub the community is at the heart of everything they do! Everything about this pub says character, from the furniture to the carpeting and the very low beamed ceiling. This would suit someone new to the trade or an experienced couple
Nestled in a good position on the village green in Hertford Heath the pub is at the heart of the community and is the meeting point for many local teams, ramblers and social groups. The pub has been a focal building within Hertford Heath for hundreds of years.
Very traditional interior, with carpet and low beam ceilings. One bar serves the pub, although there is a natural dining and drinking split in the layout.
In good basic condition, traditionally decorated with 6 private bedrooms.
|Annual rent||£32,000 per annum|
|Weekly rent||£615.38 per week fixed|
£32,000 per annum, £615.39 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £18,400 which includes fixtures and fittings (25% deposit for F&F is shown), stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *Please note F&F is still to be valued.
|Fixtures & fittings||£3,750||Working capital||£4,000|
|Other costs||£3,000||Total entry cost||£18,400|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Hertford Heath is a small village near the county town of Hertford in Hertfordshire. The Village lies between two major trunk roads – the A1 which goes from London to Scotland, and the A10 which connects London with Cambridge. Rail connections come via Hertford North from Kings Cross and Moorgate or Hertford East from Liverpool Street.