Old Crown
89 High Street, Girton, Cambridge, Cambridgeshire, CB3 0QD
AN ATTRACTIVE DESTINATION PUB
The Old Crown at Girton is a charming thatched property, in an affluent village on the outskirts of Cambridge. This is a food led pub that attracts customers from the local area as a destination business, but would certainly benefit from more interaction with the local community, via a regular programme of events to drive wet led trade. The food offer could also be re positioned to offer more traditional classics and maybe even a Sunday Carvery. The pub is in fine condition and offers a comfortable, modern dining experience in a pub full of charm and character.
Bar
Childplay areas
Garden
Kitchen
Patio
Location
The pub occupies a prominent site in the village of Girton, which is a much sought-after area of Cambridgeshire. It is 2 miles from the city centre, just off a main arterial road into the city. The village is prosperous, with several small businesses nearby and a large amount of quality private housing. Cambridge's main crematorium is also close by.
Business Information
Annual rent
£55,800
Weekly rent
£1,073
Entry costs
£30,575
Turnover royalty
n/a
Forecasted Operator Turnover
£766,770
Forecasted Operator Profit (inc machine profit)
£55,839
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£72
Type of Tie
Partial tie: Tied All Beer, All Cider, Minerals & Spirits
Agreement
Standard Tenancy Agreement. A fixed 5 year term. A free of tie lease may also be available via separate negotiation.
Entry cost is approximately £30,575 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
£13,950
Fixtures & Fittings
£3,750
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£10,000
Other Costs
£1,150
Total Entry Costs
£30,575
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 prior to 2023 the pub was held on a free of tie basis.**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 49 | 1 | 3,620 |
| 2022 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 |
There is a central bar within a good sized T shape open plan trade area. There is one section over looking the garden, and another with more formal seating.
Trade Bars
1
Trade Dining Areas
3
Trade Kitchens
1
Trade Food Covers
86
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
25
Current Premises Licence Opening Hours
Mon-Sun: 09:00-23:30
The accommodation comprises 2 bedrooms, lounge and bathroom.
Private Rooms
4
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
0
Private Kitchens
0
Offices
0
Bedsits
0
I am seeking an experienced food operator that ideally knows the local area and has good experience with social media and online marketing. Being able to run key events throughout the year, to drive additional drink volume such as beer festivals, wine tasting or entertainment would add an additional element to this beautiful pub.
Lee Jarvis, Business Development Manager
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