Coopers
32-33 Copeland, Bretton, Peterborough, Cambridgeshire, PE3 6YJ
HIVE PUBS - REFURBISHMENT PLANNED
The Coopers, situated in the Peterborough suburb of Bretton is currently trading as a Greene King managed house, but will soon be completely refurbished and relaunched under of Hive Pubs brand. Hive Pubs are at the heart of the local community, always offering modern interiors, a WOW garden and a focus on bringing a menu packed full of pub classics, live sport and regular entertainment for the locals to enjoy. With a full refurbishment to be undertaken, the pub will enjoy a fresh lease of life. The pub will see the trade space re zoned to make it more drinker friendly and will benefit from a big improvement on the external areas, creating great kerb appeal.
Bar
Dining areas
Kitchen
Patio
Location
The Coopers is situated within the residential area Bretton, on the edge of Peterborough. The pub benefits from shared car parking and external areas. With an approximate 12,000 population within 1 mile there is a suitable catchment size available. The is a Co-Op opposite and an Early Learning Centre next door. The site is located in a cul-de-sac but the is an underpass connecting it to large amounts of local housing.
Business Information
Annual rent
£0
Weekly rent
£0
Entry costs
£8,000
Turnover royalty
n/a
Forecasted Operator Turnover
£614,000
Forecasted Operator Profit (inc machine profit)
£37,000
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 | 254 | 1,535 | 8,263 |
| 2022 | 227 | 1,475 | 8,834 |
| 2021 | 161 | 992 | 5,049 |
The trade space will be transformed, offering a well zoned interior with sports area right across the bar and dining room next to the kitchen. Externally, there is a large patio with covered area suitable for drinking/eating with 34 covers and 12 non-covered seats.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
64
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
10
Current Premises Licence Opening Hours
Opening hours to be confirmed.
The accommodation comprises 3 bedrooms, kitchen, lounge, bathroom, toilet and office.
Private Rooms
8
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
1
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
1
Bedsits
0
If you are an experienced pub manager, looking to step up and your own pub, a Hive Pub franchise is the ideal opportunity for you. With a pub that's newly refurbished, a business that is set up and ready to go and the support and backing of Greene King behind you, what are you waiting for?
Alex De Araujo, 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.