Bars for sale in Saint Ives

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Market town centre pub for lease

Saint Ives, Cambridgeshire, England

  • Leasehold Price: Offers Invited
Seller Reference: STIVESWH
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Business Description
 
 
 
 
 
 
 
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Seller Reference: STIVESWH
Request Details
Business Description
- BID DEADLINE - 12:00 on Friday 17th May
- Leasehold Offers Invited
- 20 year protected lease commencing on November 1st 2012
- Offers sought for the benefit of the existing lease inclusive of all trade F&F and Goodwill.
- Well-equipped (5* EHO rating commercial kitchen)
- 4 comfortable letting rooms and a domestic flat
- EPC rating D(84)

Property

The White Hart is a double fronted building dating back to the late 1600s and is
one of the oldest pubs in St Ives. It is a brick-built property predominantly
arranged over two stories, with a single storey extension to the rear.

The internal trade areas are accessed from a central lobby. The lounge bar is
catered to by a wooden servery with loose seating permitting c. 35 covers. The
snug bar benefits from its own separate servery and is often utilised for dining
covers or private functions. It can cater to in the region of 40 covers, subject to
layout. It also provides access to the male & female WCs along with the
basement cellar.

The property also benefits from a well-equipped trade kitchen
(5* EHO rating) replete with a walk-in chiller and a good-sized preparatory area.
The first floor accommodation provides 4 letting bedrooms and a spacious
domestic flat including an office and large lounge. To the rear of the property is
an attractive trade courtyard (c. 25 covers) which is supplemented in the summer
months by tables on the market square (as pictured). There are 4 parking
spaces within the demise.
Tenure:
Leasehold
Location Details:
St Ives (population circa 16,500) is a market town on the bank of The River Ouse approximately 5 miles east of Huntingdon and 15 miles north west of Cambridge easily accessed via the A14 and the guided busway. The White Hart is situated on the busy retail thoroughfare at the heart of the town centre, opposite the war Memorial.
Leasehold Term:
The property is held on a 20-year FRI lease commencing on November 1st 2012. The passing rent is £33,000 per annum (exc VAT) reviewed at the end of each third year from the commencement of the term. The agreement is protected by the Landlord & Tenant Act (1954). A full copy of the agreement is available from Everard Cole.
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