Queens Head

High Street, Littlebury, Saffron Walden, Essex, CB11 4TD

SUPERB OPPORTUNITY WITH LETTING ROOMS, SET IN A LOVELY VILLAGE LOCATION, JUST MILES FROM HISTORIC SAFFRON WALDEN

Located on the Essex and Cambridge border, The Queens Head Inn is a traditional 14th Century Coaching Inn, Grade II listed with roaring log fires in the winter months and an English country garden to relax during the summer months. With a modern feel, the property is in excellent order throughout and boasts six well-appointed en-suite letting rooms. Steeped in history, this is a lovely area and pub has a unique position in the community.

Location

The Queens Head is close to Stansted airport, approximately thirty minutes from Cambridge and fifty minutes from London and lies within in the village of Littlebury on the High Street. In the local area there is a golf course, Duxford War Museum (ten minutes away) which is a popular tourist destination and Audley End House which is an English Heritage stately home and also has a miniature railway and hosts several music events in the summer months. Henry Winstanley, (1644-1703) the architect of Audley End House, lived in the village. He also built the first Eddystone Lighthouse. Rumour has it that the village is built on the site of a Roman camp

Business Information

Annual rent

£40,000

Weekly rent

£769

Entry costs

£46,000

Turnover royalty

n/a

Forecasted Operator Turnover

£296,932

Forecasted Operator Profit (inc machine profit)

£38,566

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

Preferred

Type of Tie

Free of Tie: All products

Agreement

10 year free of tie commercial lease

Entry costs approximately £46,000.00, 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 25% of head rent. Fixtures and Fittings are valued at approximately £25,000 and the final valuation will be confirmed on change day. 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

£10,000

Fixtures & Fittings

£25,000

Legal Admin Fee

£950

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£8,000

Other Costs

£1,150

Total Entry Costs

£46,000

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 12 55 547
2019 65 3 3,257
2018 73 1 1,270

Externally there is a good-sized car park with room for twelve cars, a very large fully enclosed landscaped beer garden that offers superb opportunities for summer events and a patio area. Internally there is a thirty six cover restaurant on one side of the building and two bar areas with a snug area with a large open fire. A central island bar serves both sides of the pub. On the first floor there are six letting rooms all of which are en-suite. There are two singles, one double, one twin and two family rooms. All areas are in excellent condition.

Trade Bars

0

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

36

Trade Gardens

1

Trade Patio Areas

0

Trade Rooms to Let

6

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

12

Current Premises License Opening Hours

Sun - Thu: 11:00 - 00:00
Fri - Sat: 11:00 - 01:00

The Queens Head has very spacious self-contained private accommodation. It is in good order and comprises of two large double bedrooms, living room, kitchen, bathroom and utility room.

Private Rooms

5

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

0

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am searching for a quality, experienced operator who can build upon the foundations of this much loved 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 with letting rooms will be advantageous as well the ability to offer excellent standards of service and a warm welcome. If this is the opportunity you have been waiting for, then please contact our recruitment team for further information.

Andy Turner, Business Development Manager

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