Abington

383 Wellingborough Road, Northampton, Northamptonshire, NN1 4EY

Gallery

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Pub overview

A fantastic business that trades extremely well on both wet and food sales. Located close to the Town centre of Northampton.

The Abington is a great place to meet before heading into the town of Northampton, which is only a short ten minute walk away. The pub also benefits from being able to show live sports on the big HD screens in the designated sports room. Furthermore, if you wished to dine alfresco in the summer there are around 20 tables outside which cover the large patio area, with the dining area inside perfect for families big or small looking to enjoy a lovely meal together.

A very large floor area consisting of a large bar/drinking/dining area for approx.100 people, separate sports area, large beer garden and a trade kitchen.

Trade space
Bars 2
Dining rooms 1
Food covers 100
Gardens 1
Trade kitchens 1
Patio areas 1

A large private accommodation consisting of 5 bedrooms, an office, 2 bathrooms, a lounge and a domestic kitchen.

Private space
Private Rooms 12
Lounge 1
Double bedrooms 5
Private Kitchen 1
Bathrooms 2
Toilets 2
Office 1

Rent information

Annual rent £80,000 per annum
Weekly rent £1,538.46 per week fixed
Notes

£80,000 per annum, £1,538.47 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £68,750 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).

Brokers £675 Legal £825
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £50,000 Working capital £10,000
Other costs £1,100 Total entry cost £68,750

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2017/18 408 2,992 9,806
2016/17 356 536 7,629
2015/16 345 9 7,361
Volume notes

Location

Abington is a district of the town of Northampton, England, situated about 2 miles (3.2 km) east of the town centre. The population of the ward of Northampton Borough Council at the 2011 census was 9,668. The area known as Abington became part of the borough of Northampton in the late 19th century as the town expanded. Its close location to Abington Park causes this to be a highly sought-after residential area. Abington has often been described as "the Greenwich Village of Northampton.

Facilities

Trade bar
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Monday - Saturday 09:00hrs - 00:30hrs Sunday - 09:00hrs - 00:00hrs

Contact Us

Mark Horton

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The Abington is a large detached public house with one bar, a separate sports area with pool table, darts and big screens.The pub is run as a sports bar and benefits from Sky Tv and BT Sport. The pub also has a seating in the main bar for over 100 people and has a large hardstanding beer garden. The pub is located on a busy main road some 5 minutes drive from Northampton Town centre. The pub operates on the Greene King Value food menu.The pub also benefited from a major investment in 2017. ”