89 High Street, Girton, Cambridge, Cambridgeshire, CB3 0QD
This is a fantastic opportunity to take over this successful food business, which has an excellent local reputation and draws customers from all over Cambridgeshire and beyond.
This attractive pub has 4 distinct trading areas, including a newly-built conservatory/function room, with over 110 covers in total. The décor is fresh and contemporary, with rich colours and finish. There is a large, sunny patio at the rear and an attractive garden with seating and a pagoda. There is parking for 40 cars.
There are 4 trading areas, including a large conservatory/function room and a single bar. At the rear there is a large patio and garden with a pagoda.
|Car park spaces||40|
The accommodation is spacious and in good order.
|Annual rent||£75,000 per annum|
|Weekly rent||£1,442.31 per week fixed|
£75,000 per annum, £1442.3 per week fixed and subject to only annual RPI increase, which is capped. Paid weekly by direct debit subject to credit check. Machine income free of tie.
Entry costs approx £54,650 which includes fixtures & fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£35,000||Working capital||£4,000|
|Other costs||£4,000||Total entry cost||£54,650|
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
•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)|
The pub occupies a prominent site in the village of Girton, which is a much sought-after area of Cambridgeshire. It is 2 miles from the city centre, just off a main arterial road into the city. The village is prosperous, with several small businesses nearby and a large amount of quality private housing. Cambridge's main crematorium is also close by.