31-33 Main Road, Duston, Northampton, Northamptonshire, NN5 6JF
A newly refurbished pub (November 2017) with an additional investment in the garden planned Spring 2018. This is a fantastic opportunity to take on a great pub right in the heart of a bustling village community, which is around 10 minutes from the centre of Northampton.
A large two bar operation that currently utilises the Greene King Value food menu.The pub benefits from a large garden with plans to carry out a major investment in 2018. The pub benefits from a bar with pool, darts, skittles and TV's which show all the major sporting events as the pub has Sky and BT Sports.
There are two large bar areas--- the rear bar is more for sports and drinking and the front more for dining with approx. 60 covers.
|Car park spaces||10|
A good sized managers accommodation which was decorated together with new carpets during the investment of 2017.
|Annual rent||£53,000 per annum|
|Weekly rent||£1,019.23 per week fixed|
£53,000 per annum, £1019.23 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit. Machine income free of tie.
Entry costs approx £63,750 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *Please note an assisted purchase on the F&F may be available for the right operator*
|Fixtures & fittings||£45,000||Working capital||£10,000|
|Other costs||£1,100||Total entry cost||£63,750|
Standard Tenancy Agreement A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954 •Tie variations available •Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped •Flexible pricing options available •Greene King is responsible for the structure of the building •Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
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.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Duston is a small village just on the outskirts of Northampton.Duston is a suburb and civil parish in the borough of Northampton, Northamptonshire, England. Duston also benefits from its proximity to the Sixfields Leisure retail park, which includes a Cineworld cinema and the Sixfields Stadium - home to the Northampton Town Football Club ("the Cobblers"), a Sainsbury's supermarket and several restaurants and pubs.