Investment Planned

Waggon & Horses

110 High Street, Linton, Cambridge, Cambridgeshire, CB21 4JT

Gallery

(Click to enlarge)

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Pub overview

An investment opportunity is available for a new operator who can embrace this village pub as the drinking, sports and locals hub of the village.

The Waggon & Horses is a wet led, community pub that benefits from its involvement with team activities. Pool, darts, petanque and football are an integral part of the business. It is the only wet led pub in the village with two other premium quality food and drink outlets in the village. This makes the Waggon & Horses the place for Sky Sports & BT Sports, live entertainment and a good social drinking environment.

Machine income is free of tie, however, there is the option of a rent reduction for a shared income arrangement.

There is one open plan area with two distinct trading areas. The bar is to the front of the premises which is where the music/disco is usually situated and where the access to the toilets is. The cellar is accessed at the rear of the bar and is underneath the bar area. To the rear is the pool table, domestic kitchen and access to the rear garden and smoking solution. There is also a rear store room with a separate exit/entrance into a small private yard. To the side of the building is a small car park for approximately 8 cars, beyond this is a lawned garden area with picnic style benches and a petanque pitch.

Trade space
Bars 1
Car park spaces 8
Gardens 1
Patio areas 1

The private accommodation consists of two spacious bedrooms and a large lounge; there is also a good sized bathroom. The kitchen is located on the ground floor. There are plans to redecorate the accommodation in neutral colours.

Private space
Private Rooms6
Lounge1
Double bedrooms2
Private Kitchen1
Bathrooms1
Toilets1

Rent information

Annual rent£32,000 per annum
Weekly rent£615.38 per week fixed
Notes

£32,000 per annum, £615.39 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.

Entry costs approx. £18,650 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).

Brokers£675Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£5,000Working capital£3,000
Other costs£3,000Total entry cost£18,650

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

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2017/181701,7783,384
2016/171621,6333,534
2015/161921,8484,215
Volume notesThis site is fully tied.

Location

Linton is a village in Cambridgeshire, on the border with Essex. The village is approximately 8 miles (13 km) southeast from the city and county town of Cambridge. The A1307 passes through the village. Linton has its own Zoo and is situated a few miles from both Haverhill in one direction and Saffron Walden in the other, it is also a 20 minute drive from Newmarket.

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Facilities

Trade bar
Car park
Pub garden
Trade patio

Current premises licence opening hours

Sunday to Thursday - 11:00am - 00:30am Friday & Saturday - 11:00am - 01:30am

Contact Us

Sarah Barron

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ This is a great opportunity for someone new to the trade, or for an experienced community locals operator. The Waggon & Horses benefits from a low cost base and is the only community drinking pub in the village. It would suit someone who wants to get involved with local activities, charity events and sports teams. There will be a small investment to the trade area and accommodation to raise standards; we will be looking for input from the new operator to finalise the plans and make the most of the money spent. ”