Free of tie leasehold pub with letting rooms in stunning village location.

  • Leasehold Price: £75,000
Cambridge, Cambridgeshire, England
For Sale

Free of tie leasehold pub with letting rooms in stunning village location.

Cambridge, Cambridgeshire, England
  • Leasehold Price: £75,000

Description

The King Williams IV is originally a c.17th detached character property which has been extended to the rear and maintained to a high standard throughout.

The internal trading areas comprise an open plan restaurant, bar and snug area, sectioned off with character beams and exposed timbers. In total it caters to c.125 covers and incorporates large open fire with seating area and numerous period features, including feature bar servery.

It is ably supported by a large, very well-equipped commercial kitchen and adjoining prep space. In addition there are staff, ladies and gents WCs along with an ample ground floor cellar.

The private accommodation, situated at 1st floor level consists of: 4 double bedrooms (1 ensuite), 2 singles, laundry room and bathroom. In addition there is a manager’s/owner’s flat with 2 bedrooms, kitchen, lounge, shower room and roof terrace/garden. Both are well presented throughout.

In addition there is a recently converted stable block which now provides 4 self contained letting rooms. The 4th of these is a large family suite including a sofa bed. The garage blocks is utilised as a dry store and in part with further refrigerators/freezers.

Externally, there is a very large rear car park (c 50 cars) and grassed overspill area along with front and rear trade gardens, laid mainly to lawn and with bench seating c 60 covers in total.

Measurements
The total site area is 0.78 acres. The ground floor footprint is 3,307 ft² (307 m² ) excluding the accommodation block which is an additional 1,123 ft² (105 m²).

*All measurements are approximate and taken from digital mapping.

Planning
We are advised that the property is not Listed but is situated within a Conservation Area.

Prospective purchasers are advised to make their own enquiries to South Cambs DC at www.scambs.gov.uk or by telephone on 03450 450 500.

Premium
Premium offers are sought in the region of £75,000 to include the remaining lease, IP and tenant owned inventory. Stock would be payable in addition.

The Business
The immaculately presented business is a fantastic opportunity to build a destination food led business with letting rooms. No trade is provided or warranted.

Rates & Charges
Rateable value of £58,500 as of 1st April 2023.

Leasehold Terms:
The property is held on a lease, dated 9th July 2021 for a term up to and including 1st October 2030, on a free of tie basis on a rent of £52,000 pax. The lease has Landlord & Tenant protection and can be renewed.
Location Details:
The King William IV is a unique pub located in the beautiful village of Heydon, which lies south of Cambridge, between Royston and Saffron Walden. Situated on the edge of the Essex, Cambridgeshire and Hertfordshire borders, easily accessible from the A505, within easy reach of junction 10 of the M11 motorway. The market town of Royston lies approximately 7 miles west. Cambridge lies approximately 13 miles to the north. The Imperial War Museum, Duxford, and numerous science parks are located close by.
Is this business relocatable:
No
Is this business home based:
Yes
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

This listing is not available but we think you'll be interested in these listings

Similar Listings

Compare listings

Compare
Send Enquiry