NORTHAMPTONSHIRE - 5 BEDROOM PUB & RESTAURANT IN SOUGHT AFTER VILLAGE

Cransley, Kettering, Northamptonshire

Ref: 95738

Freehold Offers Over £300,000

Key Features

  • 18th Century public house & restaurant
  • Five double bedroom accommodation
  • Main bar and garden room/restaurant
  • Commercial kitchen and basement cellar
  • Car park and enclosed lawned trade garden
  • Only pub in the village of Great Cransley
  • Location

    The Three Cranes is situated in the sought after Northamptonshire village and conservation area of Great Cransley, located 3 miles southwest of Kettering, 7 miles north of Wellingborough, 10 miles southeast of Market Harborough. It sits less than 1 mile north of the A43, which stretches from the M40 motorway near Ardley in Oxfordshire to Stamford in Lincolnshire.

    Great Cransley benefits from landmarks and amenities which include a village hall, children's playground and an Anglican church dedicated to St Andrew. The adjacent village of Broughton includes a primary school, post office and a 24 hour convenience store. The nearby town of Kettering allows for larger shopping outlets, supermarkets and fuel stations.

    The Three Cranes, which dates back to 1700's, occupies a three-storey link-detached stone building with slate tile roof. The property benefits from being located on the junction of Loddington Road and Church Lane where it is the only public house in the village.

    Property

    TRADE AREAS
    ENTRANCE PORCH which provides access to the open plan MAIN BAR benefitting from approximate seating for 26, wooden flooring, open brick feature fireplace, exposed feature ceiling beams, wooden main bar servery.

    GARDEN ROOM/RESTAURANT with approximate seating for 12, wooden flooring and exposed feature stone walls.

    LADIES, GENTLEMEN'S AND DISABLED TOILETS with baby changing facilities.

    INNER HALL providing access to a storage area and the fully fitted COMMERCIAL KITCHEN as well as stairs to the first floor accommodation.

    BASEMENT CELLAR benefitting from an external barrel drop.

    OWNERS ACCOMMODATION
    (In need of cosmetic refurbishment)
    Located at first floor level, comprising:
    - THREE DOUBLE BEDROOMS, one of which includes an en suite shower
    - LOUNGE
    - BATHROOM
    - BOILER CUPBOARD.

    Second floor, comprising:
    - TWO DOUBLE ROOMS
    - OFFICE/LANDING
    - SHOWER ROOM

    EXTERNAL
    Enclosed and laid to lawn TRADE GARDEN with mature trees and approximate bench seating for 60.

    Private CAR PARK with space for five vehicles and a right of way allowing access to the adjacent residential dwelling 1A Loddington Road. On street parking upon the adjacent Loddington Road and Church Lane.

    In-set OUTBUILDING currently utilised as a store room.

    The Business

    Our clients have owned the Three Cranes since January 2023 and during this time have made in the region of £50,000 worth of improvements. They are currently operating the premises as a lifestyle business, predominantly as a drinks-led community public house.

    Accounting information will be made available to serious applicants following a formal viewing.

    OVERAGE
    The purchase will be subject to an overage agreement which was put in place prior to the current ownership. The overage expires on 5th January 2033 during which time an uplift value of 25% will apply.

    Tenure

    FREEHOLD Offers Over £300,000 to include fixtures and fittings. Stock at valuation in addition.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

    Licence

    A full premises licence is held allowing the sale of alcohol between the hours of 12:00 - 23:00, Wednesday to Sunday only.

    Services

    Electric heating and cooking facilities. Mains drainage.

    Enquire about this listing

    Zaine Lamont
    Eastern Counties