Goat & Boot
70 East Hill, Colchester, Essex, CO1 2QW
A PUB THAT'S SERIOUS ABOUT BEER.
The Goat & Boot is located close to Colchester town centre and is known locally for being passionate about beer and offering regular sport and entertainment. There is a chance here for the new operator to continue the focus on beer and sport/entertainment but to also establish a regular home cooked food offer. The pub is located a short walk from the town and represents an exciting opportunity to mark your mark. Please note further pictures will follow shortly.
Dining areas
Garden
Kitchen
Location
Colchester is an historic market town and the largest settlement within the borough of Colchester in the county of Essex and the pub is located on a busy road just off the city centre of Colchester, amongst a number of local businesses. Situated on the River Colne, Colchester is 50 miles northeast of London and is connected to the capital by the A12 road and its railway station which is on the Great Eastern Main Line. It is seen as a popular town for commuters, and is less than 30 miles away from London Stansted Airport and 20 miles from the passenger ferry port of Harwich.
Business Information
Annual rent
£30,000
Weekly rent
£577
Entry costs
£21,125
Turnover royalty
n/a
Forecasted Operator Turnover
£358,728
Forecasted Operator Profit (inc machine profit)
£31,993
Forecasted Operator Machine Profit
£2,000
Average Beer & Cider Discount*
£108
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement. A fixed 5 year term. The annual rent shown (£30,000 per annum) takes into consideration a machines supply concession. The annual rent will be £32,000 if you prefer not to have Greene King supply machines to you.
Entry cost is approximately £21,125 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £15,000. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period.
Deposit
£7,500
Fixtures & Fittings
£3,750
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£7,000
Other Costs
£1,150
Total Entry Costs
£21,125
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 | 88 | 618 | 2,085 |
| 2022 | 117 | 910 | 2,050 |
| 2021 | 107 | 633 | 2,239 |
As you enter the pub the main bar is straight ahead of you, with a second bar also accessible. Seating is offered in both bars, one showing live sport and the other better suited for eating and conversation. There is also a large garden which is laid to stone and car park.
Trade Bars
2
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
40
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
25
Current Premises Licence Opening Hours
Mon-Thu: 08:00-00:30
Fri-Sat: 08:00-01:30
Sun: 08:00-23:30
There is no accommodation on site.
Private Rooms
0
Lounge
0
Dining Rooms
0
Double Bedrooms
0
Single Bedrooms
0
Bathrooms
0
Toilets
0
Private Kitchens
0
Offices
0
Bedsits
0
I’m looking for someone to make the Goat and Boot great again, it’s a fantastic pub with a loyal customer base. There is a huge opportunity to establish a great food offering as well. This is a pub with lots of character and needs someone to bring the best of it's character out.
James Pearson, 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.