Ickleton Lion

9 Abbey Street, Ickleton, Saffron Walden, Essex, CB10 1SS

THE ONLY PUB IN THE VILLAGE!

The Ickleton Lion is a popular Village Pub, which is extremely well supported by the local community, sports teams and societies, as well as being a popular destination for food and functions. The Pub has benefitted from recent investments in 2017 and 2019 to update the interior, create a locals bar, a unique snug area with log burner and a fabulous garden. It is rumoured that this pub has been at the centre of village life for over three hundred years and has previously been known as the Lion and Red Lion. The Pub is well known in the area for delivering a fantastic food offer based upon Pub classics and a takeaway offer. The Ickleton Lion always guarantees a warm welcome, great food and a wide selection of ales, gins and wines. What more could you want from a village Pub?

Location

Ickleton is a village and civil parish about nine miles south of Cambridge in Cambridgeshire, England. The village is beside the River Cam, close to where a southern branch of the Icknield Way crossed the river. Ickleton has an approximate population of six hundred and fifty and the Ickletom Lion is the only Pub in the village. Ickleton also has a social club and combined shop/post office

Business Information

Annual rent

£32,000

Weekly rent

£615

Entry costs

£15,400

Turnover royalty

n/a

Forecasted Operator Turnover

£352,955

Forecasted Operator Profit (inc machine profit)

£31,741

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

£36

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 approximately £15,400.00, 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 £6,000. Fixtures and Fitting will be rented with weekly payments made.

Deposit

£2,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£6,000

Other Costs

£6,150

Total Entry Costs

£15,400

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 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2020 50 115 1,600
2019 110 560 4,279
2018 126 1,456 4,789

One bar serves the whole pub, which has a separate dining area and snug. Externally there is a large garden, perfect for the summer months.

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

40

Trade Gardens

1

Trade Patio Areas

0

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

1

Customer Car Park Spaces

15

Current Premises License Opening Hours

Sun - Thu: 10.00 - 00.30
Fri - Sat: 10.00 - 01.00

Accommodation includes two bedrooms in the main accommodation and two smaller loft rooms with a separate private kitchen. lounge and bathroom.

Private Rooms

9

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

2

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am searching for a quality, experienced operator who can build upon the foundations of this successful Pub. You will need to be able to engage with the local community, whilst upholding the Pubs strong reputation as a true destination for diners from further afield. Experience of a medium size food operation will be advantageous as well the ability to offer excellent standards of service. If this is the opportunity you have been waiting for, then please contact our recruitment team for further information.

Andy Turner, 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.