Hat & Rabbit
4 Hinton Road, Fulbourn, Cambridge, Cambridgeshire, CB21 5DZ
A VILLAGE FAMILY DESTINATION PUB
The Hat & Rabbit in Fulbourn is a great opportunity for an experienced hospitality professional to re-establish a great traditional food offer and embed the pub at the heart of the community. Events and entertainment should be delivered consistently and they should embrace the community and appeal to all. The pub predominately attracts families but the pub can also cater for those looking for a social or quick drink with friends. There a couple of other pubs in the village and social clubs but they serve different offers so there is space for the Hat & Rabbit to thrive in the family pub space.
Bar
Childplay areas
Dining areas
Garden
Kitchen
Patio
Location
The pub is in the village of Fulbourn between the City of Cambridge and Town of Newmarket. It is nestled amongst some lovely trees and there are plenty of new houses being built, offering the opportunity to build upon the established trade. There is a varied demographic but it is the family element that this pub leans towards.
Business Information
Annual rent
£36,500
Weekly rent
£702
Entry costs
£20,125
Turnover royalty
n/a
Forecasted Operator Turnover
£440,388
Forecasted Operator Profit (inc machine profit)
£35,756
Forecasted Operator Machine Profit
£3,100
Average Beer & Cider Discount*
£72
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement. A fixed 5 year term.
Entry cost is approximately £20,125 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 £25,000. 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
£6,000
Fixtures & Fittings
£6,250
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£5,000
Other Costs
£1,150
Total Entry Costs
£20,125
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 | 153 | 1,247 | 5,753 |
| 2022 | 194 | 1,368 | 6,169 |
| 2021 | 189 | 1,753 | 6,025 |
Upon entry from the main road you have a seating space and log burner, which then opens up into a large bar area with booth seating. You then step down into the conservatory which currently is used more for sport but could be a great dining area. Externally, the Large garden offers a combination of Rattan furniture, Traditional A Frame bench seating/tables, an outside bar area and large children's play area.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
60
Trade Gardens
1
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
1
Function Rooms
0
Customer Car Park Spaces
20
Current Premises Licence Opening Hours
Sun-Thu: 09:00-01:00
Fri-Sat: 09:00-02:30
The accommodation comprises 3 bedrooms, kitchen, lounge, bathroom and office.
Private Rooms
7
Lounge
1
Dining Rooms
0
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
1
Bedsits
0
I am looking for partners who want to embed themselves in the community and build a pub that not only satisfies the growing population in the village, but brings in new customers due to the warm welcome, good food and drinks along with events and entertainment.
Andy Swift, Business Development Manager
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