Horse & Groom
15 High Street, Clapham, Bedford, Bedfordshire, MK41 6EQ
Stunning Flagship Pub with three distinct trading areas and a beautiful country garden to rear!
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 and lots of charm and outstanding views of open countryside to the rear. 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 opportunity 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.
With 3 distinct trading areas, all with their own character & appeal the Horse and Groom has something for everyone . There is an intimate lounge bar with a magnificent feature fireplace & real log burner. A charming 40-cover restaurant with its own fireplace and a separate function room with its own bar severy and toilets. Lots of period features and oak beams throughout with real warmth and a welcoming feel. There is a well-maintained car park for approximately 30 cars to the rear 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.
|Car park spaces||30|
Accommodation consists of three large bedrooms and very large lounge with separate office and bathroom. All in good decorative order and maintained to a very high standard.
|Annual rent||£32,000 per annum plus 6.0% Turnover Royalty|
£32,000 per annum, £615.39 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £42,650 which includes 33% 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).
|Fixtures & fittings||£20,000||Working capital||£8,000|
|Other costs||£5,000||Total entry cost||£42,650|
Our Turnover Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net turnover sales.
• A 5 year, fixed term agreement, contracted out of the Landlord and Tenant Act 1954.
• Basic rent plus a Turnover Royalty percentage.
• Basic rent subject to capped annual changes in the Retail Price Index (RPI) only with no rent reviews.
• Flexible tie variations available.
• Discounted price list unique to the Turnover Agreement.
• Greene King is responsible for the structure of the building.
• Ability to end agreement with 6 months’ notice and payment of a Standard Notice Fee (3 months’ basic rent). Notice can be served
at any time.
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)|
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 also is approximately 1/2 a mile down the road.