44 High Street, Burwell, Cambridge, Cambridgeshire, CB25 0HD
Well-established pub business located in the centre of the village with further potential for growth.
This well known Burwell pub has plenty to offer for all customers. It has five distinctive trading areas; the public bar for drinkers, the middle bar for drinkers and diners, the restaurant area for diners, the function room for special occasions and the large garden for everyone to enjoy during the summer months. The pub already has a good reputation for quality food and beer and trade has built on the back of this reputation over the past few years. The garden attracts families during the summer months and the function room is used for a variety of occasions such as parties and a cinema club.
Please note applicants will be considered with a minimum funding of £25,000.
The public bar is located to the right hand side and predominately accommodates drinkers. The central area can be used for drinkers and/or diners with the restaurant area to the left hand side mainly used for dining and larger functions. The toilets are located next to the restaurant area. To the rear of the property there is a separate barn that is used for private parties. There is a bar servery in the room along with toilets so it is self-sufficient from the main pub. To the back of the function room there is a stunning large garden.
|Car park spaces||5|
|Child play areas||1|
1 double bedroom on the second floor and 2 double bedrooms on the first floor. There is also a dining room, lounge, bathroom and domestic kitchen on the first floor. It is in great condition!
|Annual rent||£33,000 per annum|
|Weekly rent||£634.62 per week fixed|
£33,000 per annum, £634.61 per week fixed and subject to annual RPI increase on anniversary of agreement. Paid weekly by direct debit.
Approx £41,000 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, rent in advance, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent). **Applicants will be considered with a minimum of £25,000 funding**
|Fixtures & fittings||£26,400||Working capital||£3,000|
|Other costs||£4,000||Total entry cost||£41,000|
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Burwell is located only 3 miles from Newmarket and 8 miles from the University city of Cambridge. The A14 is only a 5 minute drive away making access to both very easy. The village has a population of just over 7,000 people. The Five Bells is located close to the centre of the village and next to the church.