Three Tuns

High Street, Fen Drayton, Cambridge, Cambridgeshire, CB24 4SJ

Gallery

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Pub overview

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.

Trade space
Bars 1
Car park spaces 15
Child play areas 1
Dining rooms 1
Food covers 60
Gardens 1
Trade kitchens 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.

Private space
Private Rooms 6
Lounge 1
Single Bedrooms 1
Double bedrooms 2
Bathrooms 1
Toilets 1

Rent information

Annual rent £28,000 per annum
Weekly rent £538.46 per week fixed
Notes

£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).

Brokers £675 Legal £825
Deposit £7,000 Stocktaking fees £150
Fixtures & fittings £12,000 Working capital £5,000
Other costs £4,000 Total entry cost £29,650

Agreement description

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.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 96 2,348 5,524
2015/16 100 2,270 5,185
2014/15 95 2,105 5,330
Volume notes The pub has a stable local drinking trade.

Location

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.

Facilities

Trade bar
Car park
Play area
Dining area
Pub garden
Trade kitchen

Current premises licence opening hours

Monday to Thursday 11:00hrs-15:00hrs & 17:00hrs-00:00hrs Friday 11:00hrs -15:00hrs & 17:00hrs - 00:30hrs Saturday 11:00hrs - 00:30hrs Sunday 11:00hrs -23:30hrs

Contact Us

James McIver

Business Development Manager

Call us today 01284 714 497

Apply online
“ The Three Tuns is a stunning business. Pubs such as this do not come on the market that often. The Three Tuns has a good following from the local villagers and customers from further afield. Greene King are looking for a caterer who can continue the success of this business for years to come. ”