Guide price
£600,000
Industrial for saleThe Cabinet, High Street, Reed, Royston, Hertfordshire SG8
Auction
Freehold
About this property
For sale by auction on Wednesday, 10 Sep 2025 at 10:00
Venue: Livestream Auction
A rare opportunity to purchase a public/restaurant investment with residence in this beautiful village of Reed located outside Royston let on a 7 year lease for £49,000.
The property is located in a popular idyllic village and would make a great commercial investment for a new buyer. The pub/restaurant has been tasteful renovated to a high standard and has a 7 year lease in place for £49,000 per annum. The four bedroom owners living accommodation is finished to a high standard throughout retaining period features throughout.
The pub which serves Italian food has a lovely bar area with indoor and outdoor seating with access to plenty of parking. The owners accommodation comes with parking to the side for 2/3 cars.
Please note there is an addition option to purchase the large parcel of land to the left hand side of the cabinet which is able to be negotiated as part of the purchase or at an agreed later date to the buyer. Further details available on request. The owner is looking for in the region of £150,000 but is open to negotiating a price for the total lot.
Business Rates
Current rateable value (1 April 2023 to present)
£8,900
Downstairs Accomdation
living room, open plan kitchen/dining room, utility area, bedroom currently being used as a sitting room, bedroom with a jack and jill style luxury shower room.
Upstairs Accomodation
Two good size bedrooms and a luxury family bathroom.
Pub/Restaurant
Bar area leading through to seating area, toliets, kitchen and second prep room.
Pub Outside
Ample outside seating area and parking to the front.
Outside
To the rear of living accommodation is a lovely lawned garden backing onto fields and parking to the side of the property.
Land to the left hand side of the Cabinet
Please note there is a parcel of land to the left hand side of the property which can be purchased by separate negotiation with the seller which can be brought either at the same time or at a later date which they are looking for in the region of £150,000 please see the auctioneer for more details.
Council Tax Band
F
EPC Rating: Please refer to Legal Pack
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
A rare opportunity to purchase a public/restaurant investment with residence in this beautiful village of Reed located outside Royston let on a 7 year lease for £49,000.
The property is located in a popular idyllic village and would make a great commercial investment for a new buyer. The pub/restaurant has been tasteful renovated to a high standard and has a 7 year lease in place for £49,000 per annum. The four bedroom owners living accommodation is finished to a high standard throughout retaining period features throughout.
The pub which serves Italian food has a lovely bar area with indoor and outdoor seating with access to plenty of parking. The owners accommodation comes with parking to the side for 2/3 cars.
Please note there is an addition option to purchase the large parcel of land to the left hand side of the cabinet which is able to be negotiated as part of the purchase or at an agreed later date to the buyer. Further details available on request. The owner is looking for in the region of £150,000 but is open to negotiating a price for the total lot.
Business Rates
Current rateable value (1 April 2023 to present)
£8,900
Downstairs Accomdation
living room, open plan kitchen/dining room, utility area, bedroom currently being used as a sitting room, bedroom with a jack and jill style luxury shower room.
Upstairs Accomodation
Two good size bedrooms and a luxury family bathroom.
Pub/Restaurant
Bar area leading through to seating area, toliets, kitchen and second prep room.
Pub Outside
Ample outside seating area and parking to the front.
Outside
To the rear of living accommodation is a lovely lawned garden backing onto fields and parking to the side of the property.
Land to the left hand side of the Cabinet
Please note there is a parcel of land to the left hand side of the property which can be purchased by separate negotiation with the seller which can be brought either at the same time or at a later date which they are looking for in the region of £150,000 please see the auctioneer for more details.
Council Tax Band
F
EPC Rating: Please refer to Legal Pack
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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