Public Houses for sale in Cambridge

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Established Freehouse situated in superb village 7 miles from Cambridge

Cambridge, Cambridgeshire, England

  • Leasehold Price: Offers Invited
  • Under Offer
Seller Reference: BARRINGTONRO
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: BARRINGTONRO
Request Details
Business Description
New 'free of tie' lease available
Established, profitable business in enviable location south west of Cambridge
Mutliple interconnecting trade areas- c. 80+ internal covers supported by well-equipped commercial kitchen
Dedicated parking area (30 spaces) plus garden and patio areas
EPC Rating: C (63)

Property

The Grade II Listed, detached character building is of Tudor design, under thatched and tiled roof. It is predominantly arranged over two floors, with a conservatory and single storey extension to the rear.

The ground floor provides highly characterful and flexible trade space, including spacious bar area, ‘top snug’, side dining and extended restaurant and conservatory area to the rear. In total these areas cater to 80+ covers. There is a well-equipped commercial trade kitchen, including walk in chillers, wash up and storage. Male & female WCs are also present along with a basement cellar.

The first floor provides a substantial self-contained flat including three double bedrooms and two bathrooms, all of which have been recently refurbished. The accommodation could be retained for staff/manager, or converted to letting rooms.

Externally, the pub is set back from the road fronting the green with a patio and garden area, which is predominantly laid to lawn and has picnic tables providing circa 60 covers. The tarmac car park has ample space to accommodate 30 vehicles. In addition there is open storage and a service yard to rear along with two single storey outbuildings providing staff accommodation and dry stores.

Measurements

The ground floor footprint of the public house (GEA) extends to 348m² (3,745ft²). The single storey outbuildings have a ground floor footprint (GEA) of 368ft² and 176ft² respectively.

Measurements are taken from digital mapping and are approximate.

Planning

We are advised that the property is Grade II Listed and also falls within a Conservation Area. It is our clients intention to build a residential dwelling on the southeast corner of the site. Further information is available at South Cambridgeshire District Council's website at www.scambs.gov.uk planning ref S/2933/18/FL.

Tenure

The property is available by way of a new FRI lease for a term to be agreed. The new agreement will be within the provisions of the Landlord & Tenant Act (1954).

We are inviting rental offers (per annum) and a premium will be payable for the extensive fixtures & fittings and goodwill.

Alternatively, freehold offers will also be entertained.

Trading Figures & Turnover

Turnover is currently in the region of £10-12,000 per week (gross). The trade is split 60:40 in favour of dry sales. There is significant potential to increase trade.

Rates & Charges

Business Rates Rates Payable: £12,694 per annum (based upon Rateable Value: £26,500 and UBR: 49.3p)

Council Tax: £1,122.20 per annum (Band A)
Tenure:
Leasehold
Location Details:
The Royal Oak occupies a prominent, greenside position in the village of Barrington, situated 7 miles from Cambridge. The village is famous for its picturesque village green, spanning 800m and covering 22 acres, supposedly the longest in Europe. The Royal Oak is unopposed within the village.
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