Jolly Brewers, Milton

Freehold for Sale

Price: Offers in the Region of £695,000 Ex VAT (exc VAT if applicable)

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Charming village freehouse with four ensuite letting rooms superbly positioned just outside Cambridge.

Key Points

  • 0.27 Acres - (0 ha)
  • Attractive Grade II Listed pub with characterful period features
  • Situated at the heart of bustling Milton close to new Cambridge North station
  • Four ensuite letting rooms which produce excellent occupancy rates
  • Reconsituted net profit in the region of £100,000
  • EPC Rating: E(118)

Location

Milton has a population of c. 4,500 and is located around two miles from Cambridge City Centre. Both Milton Country Park and Cambridge Science Park are located within walking distance, with Cambridge North railway station around two miles away. Milton also benefits from excellent road links to both the A10 and A14/A11 and M11. The Jolly Brewers occupies a pleasant corner site on Fen Road at the heart of the village.

Property

The Jolly Brewers is a substantial brick built, detached two-storey property with single storey extension to the side and rear. The ground floor front of house has been refurbished in recent years and benefits from a number of period features which are seamlessly blended with contemporary improvements.  It is divided into two trade areas (the public bar and dining room) which total over 60 covers and are catered for by a central bar servery.

Male, female and disabled WCs are also present at ground floor level along with a cellar and well equipped large trade kitchen. This is ably supported by storage and prep areas.

On the first floor, there is private accommodation which consists of three bedrooms, lounge, bathroom, office and storage areas.

Externally, the property benefits from a renovated rear stable block providing four ensuite letting rooms and further storage areas. A rear car park provides c. 20 spaces. To the front is a well-tended trade garden with space for 8-10 picnic tables. This is supplemented by a rear garden replete with children's play equipment. 

Measurements

The area of the site, as measured from digital mapping, is approximately 0.27 acres and the ground floor footprint extends to 240m² (2,580 ft²) including the stable block.

Planning

We are advised that the property is Grade II listed and is situated within a Conservation Area.

Applicants are advised to make their own enquiries to South Cambs District Council at www.scambs.gov.uk or by telephone on 03450 450 500.

Terms

Freehold offers are invited, subject to contract and vacant possession, in the region of £695,000 (excluding VAT if applicable). Alternatively, the vendor will consider granting a new 'free of tie' lease with an option to purchase written into that agreement. 

Trading Information

The business has traded consistently very well since acquisition in 2009. Reconsituted Net Profit is in the region of £100,000. Full accounts can be made available to any genuinely interested parties.

Rates & Charges

Business Rates
£14,790.00 per annum (based on a Rateable Value of £30,000)
Council Tax
£1152.55 per annum (Band A)

5 Fen Road
Milton
Cambridgeshire
CB24 6AD