Property Information
Address:
The Hare, 51 & 53, North Street, Bristol
, BS3 1EN
Price: Property no longer available.
Size: SOA
Primary Category: Leisure
All Categories:
Leisure,
Property Ref/Movehut: MH539408
Property Ref/Agent: 21192_26807445
*Please use the agent ref when calling the agent directly.
Property description
A unique opportunity to purchase a double fronted freehold public house with beer garden and 2 self-contained, recently renovated flats above. Situated in the ever popular North Street within close proximity to 'The Old Book Shop', 'The Steam Crane', and 'The North Street Standard'. Currently trading as 'The Hare', the goodwill/business is included in the sale price. Early enquiries are recommended.
Description - Very well-presented double fronted public house with the added benefit of a spacious rear beer garden. The beer garden and beer cellar also offer potential for further development, subject to obtaining the necessary consents. The purchase price will include the 'goodwill' and a full inventory. Accounts are available on application, subject to providing evidence of funding.
In addition the freehold includes a self-contained 3 bedroom maisonette and further self-contained 1 bedroom flat. Both flats were recently extensively refurbished to a high standard and include integral white goods and are let producing a total of £22,740pa on conventional Assured Shorthold Tenancy agreements.
Location - The property is situated in a popular position on North Street, Bedminster amongst an eclectic mix independent traders, bars and cafes.
Pub History - We understand that there has been a pub on this site for well over 150 years. The Hare opened in March 2012 with the ambition of providing a quality traditional neighbourhood pub with a modern drinks offering and great service. Over the next 5 years the current owner and team have achieved this and The Hare won Best New Pub in 2012 along with regular fantastic reviews from customers.
The pub retains its traditional feel with exposed beams, wood floors and panelling, all recently redecorated. Outside the trade garden has seating for a further 70 or so people. There is a full cellar setup with draught ale and keg lines serving the bar. The Hare currently has no food offering beyond bar snacks so this is an area of opportunity for the new owners.
Floor Plan - The floor plan is provided for indicative purposes, not be relied upon.
Viewings - As an actively trading business, viewings are strictly by appointment with Maggs & Allen.
Business Rates - The 2017 draft Rateable Value is £26,000. We are informed the rates payable for 2017 are £7,497.
Tenancy Details - The Hare - Offered for sale with vacant possession and full inventory, details available on request. (stock at value on completion). We would suggest a market rent in the region of £30,000pa.
51a North Street-Let on an Assured Shorthold Tenancy agreement at £1200pcm.
53a North Street-Let on an Assured Shorthold Tenancy agreement at £695pcm.
Licensing - We are informed The Hare benefits from an on and off the premises license that has no food conditions attached.
This permits the sale of alcohol Sun-Thurs 09:00 to 00:00 and Fri and Saturday from 09:00 to 01:00.
Energy Performance Certificate - Rating: C
Vat - All figures quoted are exclusive of VAT unless otherwise stated.
Control Of Asbestos Regulations - As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of this property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
These particaulrs including all measurements, plans, dimensions and photographs are provided for guidance purposes only and any intending purchaser or lessee should make their own enquiries.
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