Bars for sale in Cambridge

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Leasehold sale of thriving Cambridge pub located near to the city centre

Cambridge, Cambridgeshire, England

  • Leasehold Price: £175,000
  • Under Offer
Seller Reference: CAMBSOLDSPRING
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Business Description
 
 
 
 
 
 
 
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Seller Reference: CAMBSOLDSPRING
Request Details
Business Description
- Assignment of 20-year partially tied lease dated 8th December 2008
- Large bar area and restaurant dining - c. 120 internal covers
- Enclosed decked trade garden - c. 100 total external covers
- Dedicated car park for 13 covers
- Net annual turnover consistently in the region of £1m
- EPC Rating: E(106)
Tenure:
Leasehold
Location Details:
The Old Spring is located in the much sought after and affluent 'De Freville' area of Cambridge. The River Cam and the city centre are both within a short walk and there are a variety of shops and services nearby on Chesterton Road.
Leasehold Term:
The property is held on a partially tied lease from Greene King Retailing Ltd dated 8th December 2008. The rent review in December '18 has been settled with the new passing rent £96,328 p/a (exc VAT). The lease is protected by the Landlord & Tenant Act (1
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