Pub Tenancy

Globe

The High Street, Codicote, Nr Hitchin, SG4 8UA

Facilities:

Food

Function Space

Court Yard Garden

Live In

Parking

Key Features:

Manager/Tenant Flat above

Off Road Parking

High Street Location

Expanding Village

Summary:

An exciting opportunity has arisen to take on The Globe, a much-loved traditional pub right at the heart of the picturesque Hertfordshire village of Codicote.

Steeped in history and character, The Globe is everything a great village pub should be — warm, welcoming and at the centre of local life. Located on the bustling High Street, it attracts a loyal community of regulars as well as visitors from nearby Hitchin, Welwyn and Knebworth.

Inside, you’ll find a cosy and characterful bar area, a comfortable dining space perfect for pub meals or special occasions, and a well-equipped kitchen ready for service. Outside, the pub boasts a charming garden and terrace area, ideal for summer evenings and community events. There’s also on-site parking and great street visibility.

This is a fantastic opportunity for an experienced publican or an enthusiastic new operator to take the reins of a thriving village favourite. The Globe has a strong reputation for quality drinks, good food, and friendly service, and there’s plenty of potential to grow the business further through regular events, live music, food nights or private hire.

If you’re passionate about hospitality and love the idea of running a true community pub, The Globe could be the perfect fit.

Costs:

Agreement 5 year tenancy (TAW Negotiable)

Annual Rent £18,000

Deposit £4,500

Tie – All beer and cider

Barrelage 100

Estimated Annual Turnover £265,000

Advanced Rent - £1,500

Estimated Fixtures and Fittings – TBC

Estimated Stock & working Capital - £4,000

Estimated Total Ingoing Costs £25,000

Estimated Minimum Ingoing Costs - £12,000