The Plough12 High St3,765 SFRetail BuildingShepreth SG8 6PP£625,000 (£166.00/SF)
12 High St, Shepreth, SG8 6PP
INVESTMENT HIGHLIGHTS
Prime Location
Fully Equipped and Ready to Operate
Expansion and Versatility
EXECUTIVE SUMMARY
The Plough is a village freehouse located between Royston and Cambridge, offering a substantial freehold property with a well-refurbished open-plan ground floor trading area providing flexible space for 80+ covers. The property includes a large, well-equipped commercial kitchen, ample external space with over 100 covers, dedicated parking, and the potential for further development on the land to the rear (subject to planning). With its popularity as an event space for weddings and functions, along with the opportunity to extend hours and services, this property offers significant potential for growth. The property is available for offers in excess of £625,000 (plus VAT), and a 'Free of Tie' lease option is also available.
The Plough has been refurbished and extended over recent years to provide a substantial largely open plan trading area on the ground floor with central wooden bar servery and flexible internal space for around 80+ covers, popular as an event & function venue.
To the rear are male, female and disabled WC's, ground floor cellar and a sizeable, well-equipped commercial trade kitchen, which includes prep and wash up areas, walk in fridges and storage areas.
The 1st floor provides additional useable areas including offices, staff and function rooms, plus private dining. However this could revert to domestic accommodation if a new owner required.
Externally the property provides a dedicated shingle car par to the side and rear, front paved patio area, side and rear grassed trade area and covered rear patio with space for 100+ covers.
In addition there is a grassed area of land to the rear which has potential to provide letting accommodation (stpp), or additional parking, glamping, or marquee space, subject to the necessary consents.
An ingoing premium is required to buy the trade inventory, including commercial trade kitchen, tables, chairs, IP, goodwill. Inviting offers in the region of £35,000, with stock in addition on completion.
The Plough has been refurbished and extended over recent years to provide a substantial largely open plan trading area on the ground floor with central wooden bar servery and flexible internal space for around 80+ covers, popular as an event & function venue.
To the rear are male, female and disabled WC's, ground floor cellar and a sizeable, well-equipped commercial trade kitchen, which includes prep and wash up areas, walk in fridges and storage areas.
The 1st floor provides additional useable areas including offices, staff and function rooms, plus private dining. However this could revert to domestic accommodation if a new owner required.
Externally the property provides a dedicated shingle car par to the side and rear, front paved patio area, side and rear grassed trade area and covered rear patio with space for 100+ covers.
In addition there is a grassed area of land to the rear which has potential to provide letting accommodation (stpp), or additional parking, glamping, or marquee space, subject to the necessary consents.
An ingoing premium is required to buy the trade inventory, including commercial trade kitchen, tables, chairs, IP, goodwill. Inviting offers in the region of £35,000, with stock in addition on completion.
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The Plough | 12 High St
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