115 Bures Road, Great Cornard, Sudbury, Suffolk, CO10 0JE
A popular community pub with spacious living accommodation. The Kings Head is a well established locals pub and needs a community minded individual or couple to embrace this side of the business whilst looking to improve standards and develop the food opportunity.
The Kings Head trades as a successful village local. There is a well presented patio and a good, well located smoking shelter. BBQs can be successful here in the summer and there is a great opportunity to grow food sales. There is a separate building at the rear of the Kings Head which houses the Sudbury Amateur Boxing Club.
Internally the pub is split in to 3 distinct areas. There is a games area with a pool table, 2 darts throws, bench seating, fireplace and gaming machines. This area is also used for live music. There is also a public bar area with seating, bar stools and a fireplace. Food trade is supported by a recently improved dining area with 20 covers and a fireplace. There is also a kitchen, office, basement cellar, boiler room and store cupboard. Externally there is an enclosed patio with smoking shelter and seating for 30 people, private garden area and very large car park with 30 spaces.
|Car park spaces||30|
The private accommodation is very large, and would be suitable for a family. It benefits from 4 large double bedrooms (1 with en-suite bathroom and walk in wardrobe), living room, bathroom and a separate toilet.
|Annual rent||£25,000 per annum|
|Weekly rent||£480.77 per week fixed|
£25,000 per annum, £480.77 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry Costs approx £30,775.00 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£15,000||Working capital||£5,000|
|Other costs||£3,000||Total entry cost||£30,650|
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
•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)|
Great Cornard is a large village with a population of c9000 people, just outside the large Suffolk market town of Sudbury, boasting excellent amenities including primary and upper schools. There is also a sports centre, library and theatre. On the outskirts of the village lies Cornard Country Park, a nature reserve containing wild flower meadows and woodland. There is a relatively recently built housing estate just opposite the Kings Head which provides a large captive market.
A newly built Sainsbury's superstore only 1/2 a mile away is a key business opportunity and has significantly increased the footfall into this area, which can be exploited further.
Great Cornard has a non-league football club (Cornard United) who play at Blackhouse Lane. The village is the home of the hockey and rugby union teams for neighbouring Sudbury and also the home of the Sudbury Motor Cycle Club track at Tye Farm which run Grass Tracks, Scrambles, Moto Cross and Enduros.