Bulls Head

96 Cambridge Street, St Neots, Cambridgeshire, PE19 1PJ

Pub overview

Large discount of £108 per barrel on beer! Free of tie on machines! Forecasted Operator Machine Profit for this business is £13,000!

The site is open plan internally with a lovely garden area at the side and rear with children's play equipment. Sport and music feature heavily in the offer. Surrounded by chimney pots and set on a busy road just outside the town centre of bustling St Neots, this site has recently been refurbished to a high standard.

The main trade area consists of 1 centrally located bar set in an open plan room. At one end is a pool table and t.v. screens, at the far end there is currently more of a lounge.

Trade space
Bars 1
Dining rooms 1
Gardens 1
Trade kitchens 1
Patio areas 1

Located on the first floor are 3 bedrooms and a bathroom.

Private space
Private Rooms 5
Single Bedrooms 1
Double bedrooms 2
Private Kitchen 1
Bathrooms 1

Rent information

Annual rent £28,000 per annum
Weekly rent £538.46 per week fixed
Notes

£28,000 per annum, £538.46 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Approx £18k which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent). Fixtures & fittings to be valued.

Brokers £720 Legal £825
Deposit £7,500 Stocktaking fees £150
Fixtures & fittings TBC Working capital £6,000
Other costs £3,000 Total entry cost £18,195

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
•50/50 profit split of machines income
•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)
2016/17 231 1,019 5,642
2015/16 203 706 4,471
2014/15 109 99 1,176
Volume notes The site has been free of tie on Wines, Spirits & Minerals.

Location

St Neots is one of the largest towns in Cambridgeshire and continues to grow with its strong transport links and infrastructure. It is expected that St Neots will grow to 40,000 inhabitants by 2020. The Bulls Head is located on the busy Cambridge Road, a short drive from the town centre. It's situated in a predominantly residential area providing a great opportunity to be at the heart of the local community.

Facilities

Trade bar
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Sunday to Thursday 11:00 - 00:30 Friday & Saturday 10:00 - 01:30

Contact Us

Steve Look

Business Development Manager

Call us today 01284 714 497

Apply online
“ The Bulls Head represents a great opportunity for a community operator. The site is perfectly placed on a main road to capitalise on the passing trade from the locals. It benefits from a good sized beer garden, good trading facilities, a pool table and shows all live sporting events. ”