Plough, Great Bentley
Leasehold for Sale
Price: Offers Invited
Historic village local on the edge of reportedly the largest village green in England
- 204 sq m Gross External Area - (2,196 sq ft)
- For Sale: 15-year 'free of tie' lease dated June 2010
- Unopposed public house holding wonderful greennside position at the heart of North Essex village
- Characterful interconnecting trade areas comprising bar, restaurant and games room
- Front patio along with grassed trade garden to the side and rear
- EPC Rating: F (145)
Great Bentley is located 7 miles east of Colchester just off the A133. The village's rail station provides easy access to London Liverpool Street, Clacton-on-Sea and Colchester. The village benefits from a variety of other amenities including a primary school rated 'Outstanding' by Ofsted (2015). The Plough is unopposed within the village and is unmissable on the side of the sprawling green, reputedly one of the biggest in the UK.
The Plough is a charming 2-storey red brick property with a predominantly slate roof.
The internal trading areas are characterised by charming original period features including a real fire. A wooden servery caters to a dedicated bar area with a restaurant (20 dining covers) and games room alongside. The pub plays host to both pool and darts teams. There is also regular live music.
The front patio has space for 8-10 picnic benches with further al fresco covers in the enclosed grassed trade garden.
The trade kitchen is situated behind the bar along with a ground floor cellar. To the rear of the property is a service yard leading into a private garden. There is also a detached outbuilding which is currently utilised for storage purposes.
The domestic accommodation is situated at 1st floor level and consists of 4 bedrooms, bathroom and large open plan lounge with kitchen.
The site area is approximately 0.25 acres with a ground floor footprint (GEA), including the outbuilding, of 204m² (2,191ft²). These measurements are taken from digital mapping and are approximate.
The full repairing and insuring lease is held from Wellington Pub Company for a term of 15 years from 11th June 2010 at a passing rent of £32,000 (exc VAT), subject to 5 yearly open market rent reviews. The lease falls within the provisions of the Landlord & Tenant Act (1954).
A copy of the agreement is available from Everard Cole.
Our client is inviting offers for their leasehold interest inclusive of trade fixtures & fittings and goodwill.
Stock at valuation will be payable on addition at completion.
The business show consistent levels of sales with with a trade split in the region of 80:20 (drink:food). There is the potential to grow food sales, in particular.
Profit & Loss accounts can be made available to genuinely interested parties.
Rates & Charges
Business Rates£0.00 per annum (based on a Rateable Value of £6,800)
We are advised that the business benefits from 100% small business rate relief
Council Tax£1142.23 per annum (Band A)