The Black Horse comprises three connected buildings, the oldest dating back to the 17th century. It is predominantly arranged over two stories, timber framed and rendered under tiled roof, with more modern brick-built additions.
The ground floor provides a largely open plan trade area with flagstone flooring and central bar servery. To the front is a snug area as well as an informal dining area with open fireplaces. Further dining covers are located in the central area with a mix of loose and fixed bench seating. To the rear is a private dining or function room with space for 20 seated covers, often used for birthday and christening celebrations. In total there are a between 80-100 covers throughout the interlinked trade areas.
The 1st floor provides substantial private accommodation with 4 bedrooms, large lounge, kitchen, 2 bathrooms, separate WC, plus 2 further attic rooms, currently used for storage. The upper parts have the potential for letting accommodation.
Externally, the property provides a large dedicated tarmac car park, fenced trade garden, BBQ area, and Horsebox Bar.
The area of the site extends to 0.75 acres and the ground floor footprint (GEA) of the public house extends to 216m² (2,325ft²). Measurements are taken from digital mapping and are approximate.
We are advised the property is Grade II Listed and falls within a Conservation Area. The relevant local authority is East Hertfordshire District Council https://www.eastherts.gov.uk/
Asset of Community Value (ACV)
The property is registered as an Asset of Community Value. It is expected that the sale will qualify as a moratorium-exempt Transfer of a Going Concern (TOGC).
The property is held on a 25-year protected lease from 16th October 2016 at a rent of £31,200 pax, which will rise to £36,000 pax at the next review.
Premium offers are invited in the region of £75,000, exc VAT if applicable, to include the leasehold interest, goodwill, social media and extensive trade inventory.
Fixtures & Fittings
All trade fixtures & fittings are included in the sale (excluding the combi oven and coffee machine on lease). Stock in addition, at valuation, on completion.
Rates & Charges
We understand the business is eligable for 100% rate relief
Council Tax: £1,389 per annum (Band B)