Hudson's Ale House
77 High Street, Trumpington, Cambridge, Cambridgeshire, CB2 9HZ
Super location on the edge of Cambridge, next to recently developed real estate and commercial expansion.
The Hudsons Ale House is a pub in a great location with a huge opportunity to develop both wet and dry sales further. It is an ideal opportunity for an established, experienced operator to create a landmark offer in a fast expanding part of Cambridge.
The pub is a large open plan space with an attractive open fireplace, it has a lounge/dining area with approximately 30 covers. The site currently has a good reputation for home cooked food where all of the produce is locally sourced. It is a well supported business and the time is now right to develop the feel and personality of the site in line with its immediate market and reflect the expansion that has gone on around this premises. The pub currently has a quiz night and runs popular entertainment sessions monthly which we would like to carry on. The right candidates will be looking to re-establish the site with their individual entrepreneurial flair differentiating the food offer and having a passion for cask ale which will open the business up to a wider community and massive footfall at its front doors.
The pub underwent a renovation in 2015 and now has a more modern look including designs like a bespoke map of the local area covering a wall in the pub, booth seating and industrial features.
The pub consists of one bar with two joined trading areas, one for dining which has 3 food covers and one for causal drinking. The site has a good sized kitchen, basement cellar and storeroom. Externally, there is a patio with a smoking shelter that has heaters, a garden and a car park with enough space for 16 cars. This site is also dog friendly.
|Car park spaces||16|
There is one single bedroom, three double bedrooms, a lounge and a bathroom. The condition of the private accommodation is good and would be ideal for a family.
|Annual rent||£30,000 per annum|
|Weekly rent||£576.92 per week fixed|
£30,000 per annum, £577 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £22,275 which includes fixtures and fittings, stock, glassware, crockery, cutlery, 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 the F&F is shown as a 25% deposit of the full estimated cost. An Assisted Purchase agreement is available for the right operator where this 25% will apply.
|Fixtures & fittings||£6,125||Working capital||£5,000|
|Other costs||£3,500||Total entry cost||£22,275|
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Hudsons Ale House is a unique site right on the Trumpington Road, one of the arterial routes in and out of the south side of Cambridge. There is a Park & Ride in this village for those wanting to go into the city centre however for those wanting to drive, they will pass the pub on the High Street. The pub is a community pub and surrounded by housing estates in this busy village.