Horse & Groom

15 High Street, Clapham, Bedford, Bedfordshire, MK41 6EQ

Gallery

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Pub overview

Beautifully presented pub with three distinct trading areas and a country garden to the rear with an ideal position next to the river.

Situated on the old A6 at the heart of the village of Clapham, only 2 miles from Bedford, this well presented attractive pub with extensive grounds has huge presence, lots of charm and outstanding views of open countryside. This business has a good reputation and trades as both a village local as well as a destination food pub with strong weekend food and family trade. With opportunity to extend the dining hours and further develop the community links there is plenty of scope to drive this business further. The Horse & Groom benefits from a fully equipped trade kitchen complete with stainless steel cladding & tabling with separate storage for fridge & freezers.

Please note although the rent is shown as £35,000, we are offering a rent step within the first 6 months of £20,000 (£384.00 per week) and after the 6 months will resume to £35,000.

With lots of period features and oak beams throughout, the site offers real warmth and a welcoming feel. With distinct trading areas, all with their own character and appeal the Horse and Groom has something for everyone. There is an intimate lounge bar with a magnificent feature fireplace and real log burner and a charming 40-cover restaurant with its own fireplace and a separate function room. There is also a well-maintained car park to the rear for approximately 30 cars along with a large landscaped family garden with a children's play area, two patio areas and a brick built barbecue. There is also an additional paddock to the rear of the garden that is ideal for marquees for weddings and other functions.

Trade space
Bars 1
Car park spaces 30
Dining rooms 2
Food covers80
Function rooms 1
Gardens 1
Trade kitchens 1
Patio areas 1

Accommodation consists of three large bedrooms and very large lounge with separate office and bathroom. All in good decorative order and maintained to a high standard.

Private space
Private Rooms7
Lounge1
Single Bedrooms1
Double bedrooms1
Bathrooms1
Toilets1
Office1

Rent information

Annual rent£35,000 per annum
Weekly rent£673.08 per week fixed
Notes

£35,000 per annum, £673.07 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Please note although the rent is shown as £35,000, we are offering a rent step within the first 6 months of £20,000 (£384.00 per week) and after the 6 months will resume to £35,000.

Entry costs approx £32,650 which includes 25% fixtures and fittings down payment, 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). *Please note, Fixtures and Fittings are displayed as a 25% deposit with a full valuation of £60,000. The remainder can be purchased over a period of time using an assisted purchase scheme*

Brokers£675Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£15,000Working capital£5,000
Other costs£5,000Total entry cost£32,650

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

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2017/18991,8435,115
2016/171082,4545,540
2015/161192,9466,589
Volume notes

Location

Situated opposite the local primary school and enjoying, without the intrusion, all that Bedford town has to offer as it is only 2 miles away. Sainsbury's supermarket is approximately 1/2 a mile down the road.

Facilities

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

Current premises licence opening hours

Sun to Thurs-10:00hrs- 00:30hrs Fri & Sat- 10:00hrs-01:30hrs

Contact Us

Phil Venables

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ A beautiful riverside pub in Bedford that was fully refurbished in 2015 to a high spec throughout which included the large trade kitchen. The site has 80 internal covers and a large garden which includes a large patio area with fixed seating and enclosed grass area with children's play equipment. The site also has plenty of land to expand external covers and a good sized car park. This is a pub that needs to be at the heart of the community with a strong food offer, ideally the operator will have some cooking experience themselves. ”