Three Horseshoes, Stapleford

Leasehold for Sale

Rent: Passing rent - £28,000 Ex VAT per annum (exc VAT)

Price: Offers in the Region of £30,000 Ex VAT

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Thriving wet-led freehouse

Key Points

  • 0.3 Acres - (0 ha)
  • Free of Tie lease with 15 years unexpired
  • Well-presented pub 6 miles from Cambridge city centre
  • Established wet-led freehouse with potential to greatly increase dry trade
  • Dedicated car park and trade garden to front and rear
  • EPC Rating: C (65)

Location

Stapleford lies 3 miles from the M11 and just 6 miles south of Cambridge. The nearest railway station is in Shelford, providing links to Cambridge, Stansted Airport and London. The famous Imperial War Museum at Duxford Wimpole Hall and Audley End House are within short drives and attract visitors to the area, especially in the summer. The Three Horseshoes is well-positioned within this desirable village, just off the A1301.

Property

The Three Horseshoes is a substantial brick built property under pitched tiled roof which has been extended providing a large single storey trade area to the side. The main bar area is accessed off the front via central lobby and provides a traditional newly fitted wooden bar servery, games area with darts, AWP's and billiards table and bar area for 30 covers.  To the right hand side is a large light dining area with access to the garden which is comfortably laid out with 40 formal covers.

A commercial trade kitchen is found to the rear, with access to the rear car park, along with dry store, ground floor cellar, male and female WC's supporting these trade areas.

The 1st floor provides private accommodation comprising 3 bedrooms (2 double and 1 single), large living room and bathroom.

Externally a side tarmac car park provides space for around 20 cars, plus grassed rear trade garden, front patio and single storey garage and storage areas.

Measurements

The site area is approximately 0.3 acres, as measured from digital mapping, with a ground floor footprint, including outbuildings of 272 sq m (2,928 sq ft).

Utilities

The property is servced by main drainage, gas and electricity.

Tenure

The fully repairing and insuring lease is held from Wellington Pub Company for a term of 20 years from 30th May 2013 at a current passing rent of £28,000 (exc VAT), subject to 5 yearly open market rent reviews.

Fixtures & Fittings

All fixtures and fittings (not under HP) will be included in with this sale and an inventory can be provided, if required. The trading property is being 'sold as seen' and any items left on the day of completion will be inherited by the purchaser excluding any third party items such as games machines or beer raising equipment.

Accounts & Turnover

The business show consistent levels of sales with the potential to grow food sales significantly in particular. Accounts can be made available to any genuinely interested parties.

Rates & Charges

Business Rates
£6,227.00 per annum (based on a Rateable Value of £13,000)
Council Tax
£1437 per annum (Council Tax Band: B)

2 Church Street
Stapleford
Cambridgeshire
CB22 5DS