Plough
High Street, Great Chesterford, Saffron Walden, Essex, CB10 1PL
A TRADITIONAL VILLAGE PUB
The Plough at Great Chesterford is lovely village pub with many character features. The pub has a warm and cosy feeling and should offer great food at a reasonable price, whilst working well and engaging with the local community. Trading at an even split between food and drink, this is a great, traditional village pub business that attracts both locals and customers travelling from the local area. The pub has a great garden area to utilise during the summer months and is known locally for hosting various steam engine and classic car rallies throughout the year.
Bar
Garden
Kitchen
Patio
Location
Great Chesterford is a medium-sized village and civil parish. It is located 18 miles north of Bishop's Stortford, 12 miles south of Cambridge and about 41 miles north of London. It is a picturesque village with its own railway station serving Cambridge and London Liverpool Street and is about half a mile from Junction 9 of the M11, which connects London with the north.
Business Information
Annual rent
£32,000
Weekly rent
£615
Entry costs
£23,875
Turnover royalty
n/a
Forecasted Operator Turnover
£398,504
Forecasted Operator Profit (inc machine profit)
£31,858
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£36
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 £23,875 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.
Deposit
£8,000
Fixtures & Fittings
£5,000
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£8,000
Other Costs
£1,150
Total Entry Costs
£23,875
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 | 78 | 1,279 | 5,858 |
| 2022 | 73 | 1,748 | 5,210 |
| 2021 | 56 | 1,332 | 3,539 |
There is a small bar area for eating and drinking. There are two smaller seating areas for dining as well as a central area for eating and drinking. The main bar feeds out to the patio and garden area
Trade Bars
1
Trade Dining Areas
2
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
0
Function Rooms
0
Customer Car Park Spaces
30
Current Premises Licence Opening Hours
Mon-Wed: 07:00-00:30
Thu-Sat: 07:00-01:30
Sun: 07:00-00:00
The accommodation comprises 3 bedrooms, 2 lounges, kitchen, bathroom, toilet and office
Private Rooms
9
Lounge
2
Dining Rooms
0
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
1
Bedsits
0
This is a good quality food operation and requires an experienced operator with catering experience. The Plough needs to be the ‘go to’ place within a 5-mile radius for great food to really help it reach it's undoubted potential. There is also the opportunity to develop the business further by utilising the garden to a greater extent.
Andy Turner, Business Development Manager
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