Barley Mow

7 High Street, Histon, Cambridge, Cambridgeshire, CB24 9JD

HIVE PUBS - REFURBISHMENT COMPLETED

The Barley Mow at Histon, is located in the heart of this busy village. Benefiting from a full refurbishment which was completed in late 2023, this pub is simply stunning and is a great opportunity for an experienced pub manager to step up and run their own pub business, under our franchise model. We set up the business and supply everything you need, leaving you to concentrate on serving your customers and providing great experiences.

Location

Histon is situated immediately north of the City of Cambridge and is separated from the city by the A14 trunk road. It is a short distance from the city centre and has a strong demographic profile, consisting of affluent earners. The Barley Mow is found in the centre of the village and is surrounded by local shops and other amenities.

Business Information

Annual rent

£0

Weekly rent

£0

Entry costs

£8,000

Turnover royalty

n/a

Forecasted Operator Turnover

£629,000

Forecasted Operator Profit (inc machine profit)

£40,000

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

Type of Tie

Agreement

Hive Pub Franchise Agreements are an agreement for people who have Pub Management experience but are looking to find a simple way to run their own business without having a huge entry cost. You pay £5,000 entry fee and we take care of the property costs, energy bills and stock. We supply marketing, training, and ongoing support. You can expect to earn a guaranteed minimum income of £20,000 which is paid weekly (£385 per week). In addition, you'll be paid a percentage of weekly sales, known as the weekly turnover share, to cover your staffing costs. Bonuses are available based on business performance and standards audits. Private accommodation is provided where available.

Entry cost of £5000 is payable on change day. This includes legal fees and start up training costs. An extra £3000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.

Deposit

£0

Fixtures & Fittings

£0

Legal Admin Fee

£0

Broker Fee

£0

Stocktaking Fee

£0

Working Capital

£3,000

Other Costs

£5,000

Total Entry Costs

£8,000

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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2023 134 713 3,218
2022 153 323 2,063
2021 129 432 2,541

Divided into two areas with the bar in the middle. One area with dining height tables and chairs which leads onto a patio space, covered outdoor seating with TV and then into the garden. The second area is more sports focused, with a pool table, darts board and TVs, that leads to a patio to the front of the building.

Trade Bars

2

Trade Dining Areas

0

Trade Kitchens

1

Trade Food Covers

110

Trade Gardens

1

Trade Patio Areas

2

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

6

Current Premises Licence Opening Hours

Sun-Thu: 11:00-00:00
Fri-Sat: 11:00-01:00

The accommodation comprises 3 bedrooms, kitchen, lounge, bathroom and office.

Private Rooms

8

Lounge

1

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

A Hive pub franchise is the perfect opportunity for experienced pub managers to run their own franchise business. The franchise model allows those managers to implement the skills they have learned and run a successful business of their own. If you are community minded, passionate about people and demand high standards, this could be the chance you've been waiting for.

Becky Holt, Business Development Manager

Apply for this property

The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.