Leisure and hospitality specialist Sidney Phillips has been instructed to market for sale a highly popular pub and brewery in the county town of Hertfordshire.
The Old Cross Tavern is a prominent and eye catching three-storey property commanding a central position along St Andrew Street in the busy town of Hertford. The town boasts large population in the region of 27,000 residents and being only 20 miles north of central London, and connected to it by two railway lines, Hertford continues to grow as one of the region’s most desirable commuter hotspots and employment hubs. The town retains an affluent country-town feel yet houses a diverse range of national and local businesses.
The property is well maintained and comprises of a character bar, microbrewery and covered trade patio. Located at first and second floor levels there are two flats currently utilised as one maisonette. With its own side entrance, the accommodation could well be used as owner’s/staff accommodation, or in order to generate a rental income for a new owner.
The Old Cross Tavern was established in 1999 and has become one of the towns most favoured public houses. The business is well known for its ever changing and wide array of cask ales, craft beers and Belgium bottled beers. The business is well supported by the local community and boasts a loyal local drinking trade, from a wide range of ages. The business is also well supported by local community groups such as the rugby club, football teams and cricket club. The Old Cross Tavern is a multiple winner of CAMRA awards and ever present in the Good Beer Guide since 2000.
The business is focused on great ale and good conversation, with no TV’s, games machines or piped music, boasting the slogan “Pubs The Way They Used To Be”.
The freehold interest of this rare opportunity is available to purchase off an asking price of £675,000.
For further information about this pub for sale, other businesses for sale or how to buy a business please call Sidney Phillips on 01982 725900, or email southeast@sidneyphillips.co.uk.
(September 2022)