Summary:

Full Details:

‘The Silver Cup’ is located in the desirable town of Harpenden, situated on Harpenden Common just one minute’s walk from the busy High Street. Harpenden has a population of more than 30,000 with a combined surrounding population of more than 300,000 within a 30 minute drive.

Harpenden is considered to be a very affluent area and boasts some of the most expensive housing stock in the country outside of London, with an average house costing more than £500,000. Nearby villages, towns, cities include Wheathampstead, Redbourn, St Albans, Hatfield, Welwyn Garden City and Luton. Central London is just 32 miles south. Harpenden train station offers direct lines into London. The town is ideally situated just a few miles from junction 9 & 10 of the M1.

The ground floor offers two trading areas, the restaurant and the bar. The restaurant offers approximately 50 covers in well presented surroundings with traditional bar and wooden tables and chairs. Projector screen for sporting events.

The bar is presented in a similar style to the restaurant, it can accommodate 40 seated or up to 80 standing with traditional bar. There are two TV screens showing sporting events. The premises also benefits from a fully fitted commercial grade kitchen with storage and refrigeration.

The trading hours are as follows:

Monday - Wednesday: 11.00am – 12.00am

Thursday - Saturday: 11.00am – 1.00am

Sunday - 12.00pm – 12.00am

The property has a Premises Licence granted by the relevant Local Authority. It is a requirement of the Licensing Act 2003 that properties serving/retailing alcohol have to have a designated Premises Supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take appropriate specialist advice.

All services are mains connected. We have assumed that a suitable and sufficient Fire Risk Assessment has been carried out. Under the Regulatory Reform (Fire Safety) Order 2005 this assessment needs to be recorded in writing where there are five or more employees, the property is under enactment of a licence or where an alterations notice has been served.

The rates payable are as follows:

Domestic - £1,330

Business - £10,000 for 2018

Tenure details:

The Silver Cup is held on a fully renewable Charles Wells ten year lease. The passing rent is £45,000 per annum. The lease is fully tied.

We are advised that all trade fixtures and fittings are subject to negotiation.

The accommodation comprises 6 en suite bedrooms (3 double/2 twin/1 single).

All prices quoted exclude stock at valuation.

Delivery access via cellar.

Allsopp Estate Agents Ltd for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-

(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.

(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Allsopp Estate Agents Ltd for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.

(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.

(IV) Allsopp Estate Agents Ltd do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Allsopp Estate Agents Ltd for any error, omission or mis-statement in these particulars. Allsopp Estate Agents Ltd do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.

(V) Allsopp Estate Agents Ltd are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.

(VI) All statements and descriptions are made without responsibility or warranty by Allsopp Estate Agents Ltd, the vendors or lessees. Neither do Allsopp Estate Agents Ltd nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.

(VII) No person in the employment of Allsopp Estate Agents Ltd has any authority to make or give any representation or warranty whatever in relation to this property.

(VIII) It should not be assumed that the contents of any photographs are included in the sale.

(IX) All prices quoted are excluding stock at valuation.

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