Gallery View
Key Highlights
- Letting rooms attached giving an additional income stream
- Commercail kitchen in place to support food growth
- Conservatory dining area to support food offer
- A great stop over for tourists visiting the local area
- Considerately decorated throughout the internal trade space
Pub Overview
A great community Pub in the heart of the village of Swaffham Bulbeck which offers a comfortable traditional Pub with a conservatory dining area, car park and letting rooms so is the complete package when it comes to looking after customers for all occasions. The pub is located close to Cambridge & Newmarket that both attract huge numbers of tourists every year and also benefits from sitting in the heart of the village as a community asset. A real gem in the heart of the beautiful Cambridgeshire countryside.
Suitable Applicants
Experienced pub operators required with experience in menu development and food execution.
Financial Overview
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
|
APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings |
£28,000 |
|
Security Deposit Payable in advance to Wells to cover charges incurred by your business - trading as a Ltd Co |
£10,000 |
|
Training Course Fees Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people |
n/a |
|
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement |
£450 |
|
Working Capital Minimum working capital required |
£10,000 |
|
Stock & Glassware In the region of to cover the value of opening stock |
£6,000 |
|
Valuers Fee In the region of (paid to valuer) for valuing fixtures and fittings. |
£800 |
|
Advanced Rent In the region of (usually 1 month) |
£3,041 |
|
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est) |
TBC |
ANTICIPATED RETAINED INCOME
|
Drink Sales FMT |
45% |
|
Food Sales FMT |
28.5% |
|
Accommodation FMT |
26.5% |
|
FMT = Fair Maintainable Trade |
Ongoing Costs
|
Service Charge Payable monthly, to include: Cellar cooling service, Extract clean, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). Electrical Test (tenancies only) |
£4,000 pa |
|
Accountancy Services Fees for a nominated accountant (in the region of) |
£3,468 pa |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£1,471 pa |
|
Rent In the region of (payable monthly in advance) |
£36,500 pa |
Pub Details
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team
