Cock

43 High Street, Baldock, Hertfordshire, SG7 6BG

Gallery

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Pub overview

A great opportunity to take on a wet led pub with great character in the heart of a thriving market town. Investment potential with a new operator!

The Cock is a traditional end terrace wet led pub in the thriving market town of Baldock. The pub would be suited for an operator with a passion for real ale and fine spirits to continue the reputation of this business. Whether you are a first time operator or an experienced operator, this business will be ideal to take on. The pub features a small bar serving both areas within the pub, one lounge area and one bar area. There is a courtyard to the side of the building where the locals can enjoy the summer days with a refreshing pint of real ale. Currently there is no trade kitchen however there is a non trade area which has the potential to facilitate a small food offering.

The pub is located on the High Street, and dating back as far as the 1600's, this pub has genuine character, the like of which is rare to see today. There is a possible investment for this site, although this pub has so much character it is important to retain that.

This site is fully tied with access to discounted prices for wines, spirits and minerals and also a discount band of £72 for our beer.

One small bar serves both the lounge and bar, separated by a traditional fireplace and an historic serving hatch, which typifies the character of the pub. Although there is no trade kitchen to speak of, there is an non trade area which could easily facilitate this.

Trade space
Bars 1
Food covers 20
Gardens 1

Accommodation is basic, although adequate for the site. Bathroom has shower only.

Private space
Private Rooms 7
Lounge 1
Single Bedrooms 1
Double bedrooms 1
Private Kitchen 1
Bathrooms 1
Toilets 1
Office 1

Rent information

Annual rent £24,000 per annum
Weekly rent £461.54 per week fixed
Notes

£24,000 per annum, £461.54 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 £22,800 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 £8,000 Working capital £3,000
Other costs £4,150 Total entry cost £22,800

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)
2016/17 125 1,163 2,733
2015/16 134 1,498 2,738
2014/15 128 1,212 1,772
Volume notes

Location

Baldock is an historic market town in North Hertfordshire 33 miles north of London, 15 miles south of Bedford. Nearby towns include Royston, Letchworth, Hitchin and Stevenage. Baldock was founded by the Knights Templar as a medieval market town in the 1100's.

Facilities

Trade bar
Pub garden

Current premises licence opening hours

Sunday-Wednesday- 11.00- 00.30 Thursday to Sunday- 11.00- 01.30

Contact Us

Sarah Barron

Business Development Manager

Call us today 01284 714 497

Apply online
“ A real character pub, which needs good ale and good company! This pub needs an owner operator with a passion for real ale and fine spirits. Occasional live music, and potential to introduce a small niche food offer. An ideal starter pub, or equally for an experienced operator looking to develop a strong ale portfolio and build upon emerging spirit trends. Possible investment, although this pub has so much character it is important to retain that. ”