SoldRestaurant / Hotel with Development Potential For Sale - Hertfordshire SG14

0.65 Acre Site with circa 10,000 sq.ft of built space

Le Papillon / Woodall Arms,  17 High Road, Stapleford, Hertford SG14 3NW

Features

  • Tranquil village location
  • Site area 0.65 acres
  • Complete or partial redevelopment potential
  • 878.75 sq.m (9,459 sq.ft) of built space
  • 3 miles north of Hertford
  • Suitable for a number of alternative uses subject to planning
  • Good transport communications
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Location

The property is situated in Stapleford, a pleasant village located on the A119, just north (circa 3 miles) of Hertford town centre and 27 miles north of central London.

Road connections are good with the Great Cambridge Road (A10) approximately 3 miles to the south-east providing access into central London to the south as well as Cambridge to the north. Junction 6 of the A1(M) is within 6 miles to the west, whilst junction 25 of the M25 is approximately 10 miles to the south.

The property is located between Watton At Stone and Hertford North Railway Stations, providing regular services to Moorgate Station and Kings Cross Station, with a journey time of just over 45 minutes.

There is also a local bus service connecting the property to both Hertford and Stevenage.

Luton and Stansted Airports are within easy reach (45 minutes travelling time).

Site area 2630.5 sq.m. /28314 sq.ft. / 0.65 acres 

Basement / Cellar64.17 sq.m. / 690 sq.ft.
Ground Floor386.49 sq.m. / 4160 sq.ft.
Restaurant areas / bar / kitchen
First Floor183.03 sq.m. / 1970 sq.ft.
Hotel bedrooms & administrative office
Second Floor148.97 sq.m. / 1603 sq.ft.
Hotel bedrooms
Garages / Stores96.09 sq.m. / 1034 sq.ft.

Description

The property comprises a substantial restaurant / bar / hotel with generous parking, gardens and garages, set on a 0.65 acre site.

The Papillon Restaurant was first established in the 1970's in East Barnet Village, North London before expanding into Stapleford in 1998. The restaurant seats 50 people in the main building, with provision to seat an additional 50 people in the conservatory dining room overlooking the garden.

The 3 star hotel contains 14 x 3 star en-suite bedrooms, arranged over first and second floors, each with television, and tea & coffee making facilities. An administrative office is situated at first floor level.

Terms

Freehold for sale with vacant possession.

Rateable value: £76,000

Estimated Rates Payable: £37,468 per annum

Service charge: n/a

Local authority: East Herts District Council


Property reference: 22890 Updated: 15 Sep 2015