For Sale: Popular pub in beauty spot near Hitchin on the market for offers 'in excess' of £1,120,000
A well known pub in a beauty spot near Hitchin is up for sale.
The Raven at Hexton, situated near to the stunning Chiltern Hills, has been put on the market with details available on RightMove.
Here is some of the information about the much-loved, popular pub near to Hitchin, taken from the RightMove site.
If you are a potential buyer interested in learning more, please contact RightMove
INTRODUCTION
The Raven is described on Trip Advisor as as fantastic retreat in a beautiful country pub featuring lots of British pub favorites coupled with an abundance of home cooked mealsKey features
LOCATION
Hexton is a small village and civil parish in North Herts, that borders Bedfordshire and is about six miles west of Hitchin. Hexton is a rural residential area on the edge of the Chiltern Hills. The Raven is situated fronting Village Street in a residential area in the centre of the vilage with a sports field to the rear used by local sports teams.
GENERAL DETAILS:
Freehold public house investment
Entire property let to a private individual
Current rent of £84,071 per annum
Lease expires May 2038
The rent is subject to five yearly open market rent reviews and annual uncapped RPI increases
Offers invited in excess of £1,120,000 (7.1% NIY)
Business unaffected by sale
PROPERTY DESCRIPTION
The property comprises the ground and first floor of a two storey detached building of brick and pebble dash rendered elevations under a pitched roof.
Ground Floor: The ground floor provides an open plan trading area with central bar servery and seating on loose tables, chairs and bench seating for 95 customers. Ancillary areas include a trade kitchen, customer WC's and a beer cellar to the rear.
First Floor: The first floor comprises manager's accommodation providing three bedrooms, bathroom and kitchen.
Externally: There is a trade patio and lawn to the side and rear with seating on loose tables and chairs for 120 customers. Additional seating is provided to the front elevation for a further 24 customers. There is a car park to the side for 38 vehicles and a single storey barn to the rear.
Tenure
The property is held freehold (Title Number HD395530).
Planning
The property is not listed but is situated within in Hexton Conservation Area.
On the market for:
The agent is instructed to invite offers in excess of £1,120,000 (7.1% NIY) assuming the usual purchasers costs.
For further information and all viewing requests please contact the sole selling agents Savills.
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