Overview

A Well‑Established Village Pub at the Heart of Codicote

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, supported by parking at the rear and a beer garden with a covered seating area that can also be booked for small gatherings. 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.

Pub & Location

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.

Codicote 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, making the area well-connected.

Ideal Operator

This pub would suit someone confident 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.

Planned Refurbishment

Planned updates, subject to full approval, include internal and external redecoration, new flooring to 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.

Accommodation

This opportunity comes with a private accommodation of three bedrooms, a kitchen and a lounge.

About the Agreement

We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision.

Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We also offer flexible deposit options as well as flexible price bands and release fees which are available.

Whatever the agreement, with Punch you always get:

  • A progressive pub company – winners of the Publican Awards 2022 and 2024!
  • Industry leading investment with a whole world of possibilities
  • Industry leading training, with our Academy and Kitchen
  • Industry leading e-commerce platform – Punch Buying Club
  • Expert coaching and advice every step of the way

Want to find out more about this agreement? Click Here

Chat to a recruitment advisor now about this pub business opportunity.

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
Street Check
Click Here

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

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