Gallery View
Key Highlights
- At the heart of the affluent Village of Hartford on the outskirts of Huntingdon
- Quality open plan feel with 85 internal dining covers
- Prominent main road position and a short walk from the centre of Huntingdon, near the river Ouse.
- 2 double bedroom flat with Living Room, Kitchen/Diner, Bathroom & Large store room
- Al-fresco dining area and separate bar
Pub Overview
The Barley Mow, is a good quality food led community pub, which attracts locals from the village of Hartford and from the surrounding town of St Ives. There is a fantastic opportunity for a passionate food operator to take full opportunity of an already well run and established business. The pub benefits from seating for 65 covers and a patio for al fresco dining, supported by a fully equipped trade kitchen and ground floor cellar. Drinkers meanwhile are catered for by a separate bar area. Whether guests are looking for a quiet morning coffee, a few drinks with friends or a memorable dining experience, The Barley Mow is a great place to visit offering something for everyone.
Suitable Applicants
The Barley Mow has much to offer experienced operators with the vision to take full advantage of its facilities, location and inviting look and feel. Experience of operating a food-led business is essential, while the creativity to effectively market all the pub has to offer will create new opportunities for The Barley Mow. Strong commercial and financial skills are required, complemented by a passion for providing fantastic community food business.
Financial Overview
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
|
Advance Rent In the region of (usually 1 month) |
3,750 |
|
Working Capital Minimum working capital required |
6,000 |
|
Security Deposit Payable in advance to Wells to cover charges incurred by your business. If your business is to operate as a limited company a bond of £10,000 is required together with a personal guarantee for all directors |
11,250 |
|
Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock. |
4,500 |
|
Valuers Fees In the region of( paid to valuer) for valuing fixtures and fittings.Minimum working capital required |
800 |
|
Training Course Fees Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people |
500 |
|
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement |
400 |
|
Fixtures and Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment. |
25,000 |
|
APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings. |
27,200 |
ANTICIPATED RETAINED INCOME
|
Drink Sales FMT |
|
|
Food Sales FMT |
|
|
Accommodation FMT |
|
|
FMT = Fair Maintainable Trade |
Ongoing Costs
|
Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) |
£3,728 p/a |
|
Accountancy Services fees for a nominated accountant |
£4,254 p/a |
|
Stocktaking Services Six professional stocktakes per annum |
£1,356 p/a |
|
Rent In the region of (payable monthly in advance) |
£45,000 p/a |
Pub Details
Could this be the pub for you?
Please ring 01234-244453 to speak with Louisa - Recruitment team
