Bulls Head

96 Cambridge Street, St Neots, Cambridgeshire, PE19 1PJ

The Bulls Head is a fantastic community wet lead pub. The proposed deal has a large beer discount to allow the new operator to be competitive in the local market.

The site is open plan internally with an area that has a pool table and another section which has lounge style seating. The site has a lovely garden area at the side and rear with a covered smoking shelter, patio and grassed area. Sport and music feature heavily in the offer. Surrounded by chimney pots and set on a busy road just outside the town centre of bustling St Neots, this site is very well maintained throughout.

Location

The site is open plan internally with an area that has a pool table and another section which has lounge style seating. The site has a lovely garden area at the side and rear with a covered smoking shelter, patio and grassed area. Sport and music feature heavily in the offer. Surrounded by chimney pots and set on a busy road just outside the town centre of bustling St Neots, this site is very well maintained throughout.

Business Information

Annual rent

£20,000

Weekly rent

£385

Entry costs

£13,325

Turnover royalty

n/a

Forecasted Operator Turnover

£256,170

Forecasted Operator Profit (inc machine profit)

£19,942

Forecasted Operator Machine Profit

£11,000

Average Beer & Cider Discount*

Blended £180

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

Entry costs approx £13,325.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and fittings will be rented with weekly payments made

Deposit

£6,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£675

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£13,325

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.

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2018/19 185 704 4,185
2017/18 201 872 4,532
2016/17 231 1,019 5,642

The main trade area consists of one centrally located bar set in an open plan room. At one end is a pool table and TV screens, at the far end it is currently a lounge area.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

0

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

0

Current Premises License Opening Hours

Sun - Thu 11:00 - 00:30 Fri - Sat 10:00 - 01:30

Located on the first floor there are three bedrooms, lounge and bathroom.

Private Rooms

6

Lounge

Yes

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

1

Bathrooms

1

Toilets

0

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

The Bulls Head is a pub that should be the heart of the local community and we are looking for an operator that will put themselves in the heart of the local area. It has a strong wet trade and potential for a small food offer to push the sites sales and profitability higher. Sports on TV plays a vital part of the business and any operator who takes the site will need to have a keen eye for sports marketing.

Mark Horton, Business Development Manager

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