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Beer Garden
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External Drinking Area
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Function Room
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Car Park
Property details
The Globe is situated in Codicote, which is a close‑knit Hertfordshire village with good transport links and access to nearby towns. The pub is located 5 miles south of Hitchin and 1.5 miles north of Welwyn, with St Albans 9 miles away. Knebworth station is 3 miles from the village, and Stevenage is 5 miles away, making the area well-connected.
Planned updates, subject to full approval, include internal and external redecoration, new flooring in parts of the bar area, and improvements to the existing wooden floor. The back bar will also be refreshed to add some modern touches while keeping the character of the building.
Inside, the pub has two main areas, one more suited to drinking and one more suited for dining, although guests can eat comfortably in either space. Two wood fires create a welcoming feel in the colder months. The long wooden bar is positioned at the entrance, making it easy for the operator to greet guests and manage service across both sides of the pub.
Externally, the pub is supported by parking at the rear and a beer garden with a covered seating area that can also be booked for small gatherings.
The private accommodation consists of three bedrooms, a kitchen, and a lounge.
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Catering Kitchen
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Team Games
Trading style
The Globe is a traditional village pub on Codicote High Street, offering a warm and familiar atmosphere for locals and visitors. It has a strong food and drink trade. Dating back to the 1860s, the pub keeps much of its original character while operating as a friendly and reliable local. This is a great opportunity for someone who wants to build strong links within a friendly village community.
This pub would suit someone confident in running a village pub with a food offering. The ideal operator will be organised, attentive to detail, and comfortable planning regular activities and events that bring people into the pub throughout the week. They’ll understand how to make the pub feel central to village life while also keeping a close eye on the commercial side of the business.
Key financials
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Reference Number:
9MTS0A / 570005
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£5,375.00
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Annual Rent:
£20,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Financial Information:
- Full Deposit = £5,000
- Legal Fees = £375
- Maintenance Fund Per Week = £40
- Fixtures and Fittings Weekly Rent = £80
- Working Capital = £8,000 - £10,000
Business Information:
- Annual Rent = £20,000
- Forecasted Annual Wet Turnover = £228,702
- Forecasted Annual Food Turnover = £104,183
- Forecasted Annual Other Turnover = £7,865
- Agreement = Flexible Tenancy