Property

STUNNING COUNTY PUB, wonderful traditional features, sought after central village location, ready to trade immediately, planning permission granted , £38,250 per Annuum.

Indigo are delighted to offer for lease this character property dating back to the 17th Century. It is full of interesting original features including exposed beams and fireplaces that give the property a welcoming and homely feel.

The property is set in its own grounds with the main trade area on the ground floor with letting rooms above. There is ample space for over 70 covers, as well as a separate function room to the rear making it suitable for all types of events including weddings, christenings, birthdays, anniversaries and wakes. To the rear is an enclosed trade garden as well as benches to the front of the pub which are very popular in the summer months.
The Bull is located on the high street of Barton Le Clay in central Bedfordshire. The business benefits from good footfall throughout the day and was well supported by the local community. It also receives business from several of the surrounding towns and villages including Flitwick, Toddington, Hitchin, Luton and Bedford.

Internally ,the main entrance leads into a traditional open plan bar/lounge area with a range of seating, exposed beams and open fireplaces. This area has c.40 covers and is a very popular space for drinks and casual dining throughout the day and evening.

From the bar area there is a dining room, well presented and seats an additional c.30, depending on the layout. Beyond this is a private function room with a capacity of c.50, its own bar and separate toilets. The owner has planning permission to create a walkway between the pub and function room making it one continuous space, should a new owner wish to do this.

Ancillary areas include a commercial kitchen with separate wash up, ample dry storage, a basement store/chiller and an office.
The first floor contains five letting rooms which have a number of traditional features and offer a valuable extra income source to the business.

Fixtures & Fittings
We are advised that the trade fixtures and fittings in the property will be included in a freehold sale and an inventory will be provided once a deal is agreed. If a new lease is being sought then F&F can be available on negotiation at a price to be agreed.
Letting Accommodation
Five letting rooms over the first floor of the property. The rooms are traditionally decorated and previously benefited from a high occupancy level due to the strong location. The bedroom rate could be pushed following a refurbishment of the rooms.
Parking to the side of the property for c.10 as well as ample on street parking to the front of the property. To the rear is an enclosed garden with space for c.30 and benches to the front for c.20.
Due to the configuration of the rooms over the first floor, one of the letting rooms could be used as a managers flat.
The business is well placed to be transitioned to a new owner and can be reopened with minimal expense.

The letting rooms are a good size and offer a valuable extra income stream to the business. The large and flexible function room to the rear can be kept as a separate space or knocked through to create extra covers for the pub.
Currently closed so no staff to TUPE.
Trading Information
No trading information available.
Planning Permissions
The owner has current planning permission to move the main bar to create a different layout with additional covers, as well as planning to create a walkway between the pub and the function room.
A new free of tie lease can be made available to a suitable tenant with terms to be negotiated. An initial rent of £45,000 will be asked with 5 year rent reviews on a full, repair and insuring basis.
Business Rates
Rateable value of £47,500 - amount payable is approximately half of this figure.

Material Information
Council Tax Band :TBC