Rose & Crown
48 Whiting Street, Bury St Edmunds, Suffolk, IP33 1NP
LOCATED A STONES THROW FROM GREENE KING'S BREWERY
Lying on the edge of the town centre the Rose and Crown in Bury St Edmunds is a traditional pub, with an array of character. The pub is a 100% wet led pub and is known for serving great real ale. In fact, the pub has won CAMRA Suffolk pub of the year in the past. The new operator should be hands on and the face of the business, enabling them to engage with the loyal local customer base. The pub lies in an enviable position, with plenty of residential houses close at hand and is a short walk from the historic town centre.
Patio
Location
Bury St Edmunds, commonly referred to locally as Bury, is a historic market, cathedral town and civil parish in Suffolk. The picturesque Abbey Gardens are close to the town centre, where you will find plenty of high street names, including shops, restaurants, pubs and bars. Bury has been the home of Greene King since we were founded in 1799. The Rose and Crown lies on the corner of Whiting Street and Westgate Street and is within walking distance of the historic town centre of and is a stones throw away from Greene King Brewery.
Business Information
Annual rent
£17,000
Weekly rent
£327
Entry costs
£22,625
Turnover royalty
n/a
Forecasted Operator Turnover
£253,278
Forecasted Operator Profit (inc machine profit)
£16,952
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£72
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 £22,625, 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
£6,000
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
£22,625
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 | 209 | 1,261 | 1,631 |
| 2022 | 156 | 919 | 1,540 |
| 2021 | 124 | 673 | 772 |
There are two small cosy bars which offer a traditional feel. Externally there is a small courtyard.
Trade Bars
2
Trade Dining Areas
0
Trade Kitchens
0
Trade Food Covers
0
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
0
Current Premises Licence Opening Hours
Sun-Thu: 10:00-00:30
Fri-Sat: 10:00-01:30
The accommodation comprises 3 bedrooms, kitchen, lounge, dining room and bathroom
Private Rooms
7
Lounge
1
Dining Rooms
1
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
0
Bedsits
0
I am searching for an owner operator who can engage with the locals and serve a great pint of beer. Local knowledge and a passion for hospitality will help embed you in the community at this lovely traditional pub. If you feel that you have what it takes to be successful at the Rose and Crown, then please contact the recruitment team for further information.
Sam Wortley,
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