Waggon & Horses
110 High Street, Linton, Cambridge, Cambridgeshire, CB21 4JT
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.
|Car park spaces||8|
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.
|Annual rent||£32,000 per annum|
|Weekly rent||£615.38 per week fixed|
£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).
|Fixtures & fittings||£5,000||Working capital||£3,000|
|Other costs||£3,000||Total entry cost||£18,650|
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||This site is fully tied.|
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.