High Street, Fen Drayton, Cambridge, Cambridgeshire, CB24 4SJ
Following a recent refurbishment, the Three Tuns presents a fantastic opportunity for a food operator to continue the success of this idyllic Cambridgeshire village pub!
The Three Tun is a thatched pub business located in a quaint Cambridgeshire village is most peoples ideal setting for running a pub business. The Three Tuns fits this criteria and has a good reputation. The pub is recently refurbished offering a fantastic environment for both drinkers and diners. The garden to the rear of the property has several areas including a grassed play area with children's play equipment, a raised decking area and a pergola with up to 20 covers. With 60 covers inside the pub there are nearly 100 covers available when the garden is fully utilised.
The trading areas are in excellent condition. The bar server is located centrally with comfortable dining areas positioned around the trading floor. There are up to 60 covers available inside the pub. The commercial kitchen is large and located behind the bar. Externally the garden offers a further 40 covers during the summer months.
|Car park spaces||15|
|Child play areas||1|
The living accommodation is full of the character that you would expect in an old building. It is cosy but comfortable and in good condition.
|Annual rent||£28,000 per annum|
|Weekly rent||£538.46 per week fixed|
£28,000 per annum, £538.46 per week fixed and subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.
Approx £29,650 which includes Fixtures & Fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, rent in advance, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent).
|Fixtures & fittings||£12,000||Working capital||£5,000|
|Other costs||£4,000||Total entry cost||£29,650|
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)|
|Volume notes||The pub has a stable local drinking trade.|
The Three Tuns is located in the village of Fen Drayton between Cambridge and St. Ives. It is close to the A14, the Cambridgeshire Guided Busway and is on National Cycle Route 51. Much of the working population commutes to work in the nearby towns or cities, but there are also a number of farms in the village. The village has a primary school, village hall, tennis courts and football field. To the north of the village is the well-known Fen Drayton Nature Reserve that attracts numerous visitors throughout the year.