Ram

5 Market Place, Hadleigh, Ipswich, Suffolk, IP7 5DL

FINE DINING OPPORTUNITY

The Ram is situated in the heart of the historic market town of Hadleigh, Suffolk. The site is well presented and offers an excellent opportunity to deliver a quality, fine dining menu with a great wine list. This pub can become a true destination business for those looking to celebrate a special occasions or looking for a wonderful experience. The trade space is a large open plan area, with its own private chefs table and small courtyard. The Ram is popular locally and is known as a go to place to eat, currently trading at an 80/20 sales split in favour of food. Please note the option of a free of tie lease is also available

Location

Hadleigh is an ancient market town and civil parish in South Suffolk, East Anglia, situated, next to the River Brett, between the larger towns of Sudbury and Ipswich. The Ram is situated just off of the High Street, which offers local shops, amenities, cafes and pubs.

Business Information

Annual rent

£43,000

Weekly rent

£827

Entry costs

£18,150

Turnover royalty

n/a

Forecasted Operator Turnover

£346,181

Forecasted Operator Profit (inc machine profit)

£40,972

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

Type of Tie

Free of Tie: All products

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 £18,150.00, 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 £0,000. Fixtures and Fitting will be rented with weekly payments made.

Deposit

£10,750

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£18,150

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 32 3 132
2019 15 1 129
2018 30 958 1,620

The trade space is mostly open plan, with dining space to either side and private chefs table (can also be used as a meeting room). There is a small courtyard to the rear. Parking is available locally in the pay and display car park which is a stones throw from the pub.

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

60

Trade Gardens

0

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

1

External Child Play Areas

0

Function Rooms

1

Customer Car Park Spaces

0

Current Premises License Opening Hours

Sun - Thu: 10:00 - 23:30
Fri - Sat: 10:00 - 00:30

The upstairs area is incomplete and consists of an office space.

Private Rooms

1

Lounge

0

Dining Rooms

0

Double Bedrooms

0

Single Bedrooms

0

Bathrooms

0

Toilets

0

Private Kitchens

0

Offices

1

Bedsits

0

BDM Portrait

I am searching for a food orientated operator who can deliver a fine dining operation, focusing on local provenance with excellent standards of service. If the Ram excites you and you would like to find out more, then please contact our recruitment team.

Lee Jarvis, 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.