High Street, Great Chesterford, Saffron Walden, Essex, CB10 1PL
Fantastic opportunity, a stunning Food Led business with amazing facilities!
The Plough is located in the picturesque village of Great Chesterford, just north of the charming market town of Saffron Walden. The pub has parking for at least 25 cars, and a very substantial beer garden. The pub also has the luxury of an outside bar, and a private dining room, and even a vegetable and herb garden! Internally, the condition of the pub is excellent, and is in a prime condition for a driven food led operator to start making an immediate impact.
Outside drinking and eating area, one main bar servery inside and one outside. Ample dining area and a private dining room to the left hand side.
|Car park spaces||25|
Located above the pub and in very good condition.
|Annual rent||£48,000 per annum|
|Weekly rent||£923.08 per week fixed|
£48,000 per annum, £923.08 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £42,450 which includes fixtures and 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||£25,000||Working capital||£5,000|
|Other costs||£5,000||Total entry cost||£48,450|
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)|
Great Chesterford is a medium-sized village and civil parish. It is located 18 miles north of Bishop's Stortford, 12 miles south of Cambridge and about 41 miles north of London. It is a picturesque village with its own railway station serving Cambridge and London Liverpool Street and is about half a mile from Junction 9 of the M11, which connects London with the north. Planning has been submitted for extensive housing development in the surrounding area.