Blue Lion

74 Main Street, Hardwick, Cambridge, Cambridgeshire, CB23 7QU

Gallery

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Pub overview

Quality dining pub in sought after Cambridgeshire village location. Free of tie pricing on wines, spirits and minerals!

A picture postcard pub in the affluent village of Hardwick just 5 miles from central Cambridge. A great opportunity to create a renowned food and drink offer in a pub packed with history and character. 70 covers plus space to get creative outside when the sun shines will offer an entrepreneurial operator a great platform to build this business attracting custom from the immediate villages and Cambridge population. Already trading really well, showing an upward trajectory, could you accelerate this growth?

The pub has three distinctive trading areas. You enter into the main central bar area with centre piece fire place, historic beams and characterful main bar servery . Down a few steps to the right is a seating area with mix of loose and fixed furniture seating up to 25 or so. The Gents toilets are at the end of this area also. Back to the bar, and through to the left is the main dining area, as well as the conservatory area. In this section there is loose seating and tables for 40-50 covers, direct access to the kitchen and a second bar server. There is also a large paved terraced area at the front of the property for alfresco dining and outside events.

Trade space
Bars 1
Car park spaces 30
Dining rooms 2
Food covers 70
Gardens 1
Trade kitchens 1
Patio areas 1

The tenant accommodation is in reasonable condition, and consists of 3 bedrooms, toilet bathroom and good sized lounge.

Private space
Private Rooms 6
Single Bedrooms 1
Double bedrooms 2
Bathrooms 1
Toilets 1
Office 1

Rent information

Annual rent £53,500 per annum
Weekly rent £1,028.85 per week fixed
Notes

£53500 per annum, £1028 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 £40,000 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 £10,000 Stocktaking fees £150
Fixtures & fittings £18,000 Working capital £7,500
Other costs £4,000 Total entry cost £41,150

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)
2017/18 109 50 5,860
2016/17 104 51 4,745
2015/16 101 56 6,436
Volume notes Please note that the pub has been free of tie for wines and spirits for the duration of the last tenancy, and so we cannot provide accurate volume information.

Location

Hardwick is 5 miles west of Cambridge city centre and within easy commuting distance. It has great road links to the A14, M11 & A1. The pub is at the heart of this busy village with numerous local businesses and shops. There are 2 schools in the village and 2 GP surgeries along with a mini supermarket, restaurants and takeaways nearby.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

The pub is currently licensed from 11am thru 11pm Monday to Sunday

Contact Us

James McIver

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ A superb opportunity to take on and develop this good quality destination dining pub in a quality and sought after Cambridgeshire village. ”