The Lounge, 14 The Broadway, St Ives, Cambridgeshire, PE27 5BN

Description

The property forms part of an attractive late 18th Century mid‑terrace building arranged over four floors, prominently positioned along The Broadway. Constructed in gault brick with traditional detailing, the building is included within a Grade II Listed terrace (Nos. 12 and 14) and contributes to the historic character of St Ives town centre. The frontage features vertically arranged sash windows to the upper floors, with a characterful ground‑floor elevation incorporating a prominent arched entrance doorway, making it well suited to its current lounge and bar use.

The Lounge Bar is situated within St Ives town centre, a market town in Cambridgeshire located approximately 14 miles north‑west of Cambridge. The town serves a local residential population and surrounding villages, with a range of retail and leisure uses concentrated in the central area. St Ives is connected to Cambridge and Huntingdon via the guided busway, providing regular public transport services. Road access is via the A14, which links the town to Cambridge, Huntingdon and the wider regional road network. Mainline rail services are available at Huntingdon and Cambridge, offering direct connections to London King’s Cross. The nearby River Great Ouse runs through the town and forms a focal point for local activity and visitor use.

The trading areas are arranged over two floors, each with a separate bar servery. The ground floor forms the primary customer area and is arranged around a large, open-plan reception room with a central, full length bar, creating a strong focal point for the space.

Additional accommodation includes customer WC facilities and direct access to the rear courtyard, which links to useful outbuildings currently used as a seasonal outdoor bar and beer/cellar storage. The lower ground floor provides a substantial trading and ancillary area, comprising two interlinked reception rooms, one incorporating the fitted bar servery, alongside a further bar area and associated storage, making it well suited to lounge or late-night use. Stairs connect directly to the main floor above.

Fixtures and fittings to be included in the sale - a full inventory will be made available once a sale is agreed.

To the rear of the property, accessed via doors at upper & lower-ground floor levels, is a dedicated trade patio providing additional external customer space. This area incorporates an established outdoor bar and two separate outbuildings currently used as a cellar and storage. An adjoining service alleyway provides convenient bin storage and rear fire escape access to adjoining property, which is held under a stand-alone lease.

The upper parts of the property, arranged across the two levels and accessed via an internal staircase from the upper ground floor. The layout includes a generous living room, separate kitchen area and additional rooms suitable for bedroom or home office use, arranged across the two levels and accessed via an independent internal staircase from the ground floor. Bathroom facilities serving the residential accommodation are located at second‑floor level. It is noted that the WC facilities shown on the first floor floorplan form part of the commercial premises below and are used in connection with the bar, rather than the private accommodation.

The current owners have owned and successfully operated the venue for over 20 years and are now looking to retire, presenting a genuine opportunity to acquire an established business with a proven track record. The property is currently operated as an established lounge bar with multiple trading areas arranged over the basement and ground floors, complemented by an external patio and outdoor bar, providing a flexible venue suitable for both daytime and evening operation. The business would suit an experienced operator or investor seeking a characterful, town‑centre licensed venue with an existing customer base and a proven trading layout. There is clear potential for growth through targeted marketing, enhanced drinks offers, live entertainment or themed events, and increased utilisation of the basement and external areas, alongside the opportunity to maximise performance by refining opening hours and capitalising on peak trading periods.

All staff are employed within the business and will have the right to transfer to a purchaser in accordance with TUPE regulations.

Trade figures will be made available to buyers who have formally viewed the business.

The Lounge premises licensing hours are to 10.00am – 3.00am every day for the sale of alcohol and regulated entertainment.

Thursday: 7:00 pm – 2:00 am
Friday: 7:00 pm – 3:00 am
Saturday: 7:00 pm – 3:00 am
Sunday – Wednesday: Closed

Freehold.

Current rateable value (1 April 2026 to present) £34,500.

Premises licence.