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The Macebearer, Bury St Edmunds is a former Greene King managed house which has now transferred to our leased and tenanted division. We will be investing £110,000 into the site to breathe a new lease of life into it. The scheme will ensure the pub remains a true community local, giving the site an external facelift and a great outdoor area, complete with TVs to watch all the latest live sport. Internally the pub will receive a sparkle and refresh, focusing on a value food menu and bringing the locals together.
Bury St Edmunds, commonly referred to locally as Bury, is a historic market, cathedral city and a civil parish in Suffolk. Bury St Edmunds Abbey is near the town centre. Bury is the seat of the Diocese of St Edmundsbury and Ipswich of the Church of England, with the episcopal see at St Edmundsbury Cathedral. The Macebearer lies within the Harwick Shopping Centre on Home Farm Lane which houses a convenience store, Fish and Chip shop, hairdressers and other local shops. The pub is close to both the Nowton and Hardwick estates as well as West Suffolk Hospital.
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Standard Tenancy Agreement A fixed 5 year term The annual rent shown (£21,500 per annum) takes into consideration a machines supply concession. The annual rent will be £29,000.00 if you prefer not to have Greene King supply machines to you. The rent is subject to annual RPI increase, which is capped. Payment terms are weekly by direct
Entry cost is approximately £38,125.00 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 £20,000. 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
Fixtures & Fittings
Legal Admin Fee
Total Entry Costs
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)|
The trade space is open plan and centres around a single bar. There is a trade kitchen and space for approximately seventy food covers. Externally there is a terrace area which can seat thirty to forty people. Car parking is shared with the adjoining shopping centre and offers parking for approximately thirty vehicles
Trade Dining Areas
Trade Food Covers
Trade Patio Areas
Trade Rooms to Let
External Child Play Areas
Customer Car Park Spaces
Current Premises License Opening Hours
TO BE CONFIRMED
The accommodation is in good condition and comprises three bedrooms, lounge, kitchen, bathroom, toilet and office.
I am seeking a community focused operator who can engage with the locals and demonstrate excellent local knowledge. This new operator will need to make this a great community local with sport on TV and a value food offer, making it the place to go for the local community. If you have the skills and knowledge to make a success of this pub, then please contact the recruitment team for further information.
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