The Half Moon, Grendon

The Half Moon, Grendon

  • The Half Moon, Grendon gallery image
  • The Half Moon, Grendon gallery image
  • The Half Moon, Grendon gallery image
  • The Half Moon, Grendon gallery image
  • The Half Moon, Grendon gallery image
  • The Half Moon, Grendon gallery image
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Key Highlights

  • Ideal opportunity for first-time applicants
  • Traditional thatched pub with loads of character
  • Fully equipped catering kitchen
  • Potential investment to be discussed
  • Payment plan available for fixtures and fittings

Pub Overview

Hailing from the 17th Century and complete with wooden beams, a thatched roof, an enchanting open fire and buckets of ‘olde world’ charm, the Half Moon is a shining example of a cosy, traditional, rural English pub. Loved by the local walkers and cyclists that frequent the many footpaths and bridleways in close proximity, the pub also enjoys regular custom from visitors to Grendon Lakes, a popular nearby camping and water sports facility.

With its personality split amicably between thriving country restaurant and cosy local watering hole, the Half Moon’s reputation for quality cask ale is matched by its unpretentious yet delicious menu of traditional pub fare. If the idea of becoming the Half Moon's figurehead and an important part of the village community appeals, we would love to hear from you. 

Suitable Applicants

The Half Moon would benefit from an operator with solid catering experience and a desire to immerse themselves in community life in the charming village of Grendon. Marketing know-how will be vital, as there exists considerable potential to enhance awareness of all the pub has to offer amongst a wider demographic.

Financial Overview

ANTICIPATED INVESTMENT REQUIRED

We estimate the Investment required for this pub would be as follows:

Security Deposit in the region of
(paid in advance to Charles Wells Ltd) held to cover credit and rental charges. Returnable at the end of the agreement, or £10,000 if Ltd company

£6,000

 

Fixtures and Fittings estimated valuation (paid to the outgoing licensee via the valuer at least 7 days in advance) to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment. The successful applicant must reply upon the valuation provided by their appointed licensed trade valuer in relation to the actual sum to be paid.

£15,000

Stock and Glassware in the region of
(paid to the outgoing licensee on the day of changeover) to cover the value of opening stock.

£2,500

Valuers Fees in the region of
(paid to valuer) for valuing fixtures and fittings.

£800

Training Course Fees per person
(payable to Charles Wells Ltd) 5 day CRISP induction course mandatory for all licensees – NB £800 for two people.

£500

Administration Fee in the region of
(payable to Charles Wells Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement.

£400

Advance Rent in the region of
(usually 1 month)   

£1,400

Minimum Working Capital Required 

£6,500

APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings.

£18,100

 

Ongoing Costs

Rent in the region of
(payable monthly in advance)

£16,700 pa

Service Charge in the region of
Payable `onthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)

£1,820 pa

Accountancy Services in the region of
fees for a nominated accountant

£2,600 pa

Stocktaking Services in the region of
We recommend all licensees should have six professional stocktakes per annum

£1,560 pa

Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

42 Main Road, Grendon, Northamptonshire, NN7 1JW
Destination community food
Total Investment 15k - 20k
Potential Partner Profit 17k pa
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team