Gallery View
Key Highlights
- Rare to come onto the Market in the heart of the Cambridge community.
- Historic, quirkly, back Street pub with great reputation for a fantastic range of Beers
- Deal includes free of tie for Specialist Belgium beers & Local craft beers in small cans (maximum 15% of turnover)
- Carefully selected to reflect the diversity of Belgium & Local Craft brewing styles and markets
- Fair Maintainable Profit before drawings just under £29,000
Pub Overview
The Elm Tree is a quirky back street pub, that is famous for its Cask Ale, Belgium Beers and range of Craft beers in small cans, all complemented by the fantastic range of award winning Brewpoint Beers, with Foghorn, Lodestar, Supernova and Genesis (our Bedford stout).
CAMRA award wining pub, with the Elm Tree Landlady Jess being awarded Real Ale Champion.
The pub is a single bar operation with quirky decorations making you feel like your in another world. a place to enjoy a quality drink, chat to people of similar back grounds and on occasions listen to some local bands.
Suitable Applicants
The Elm Tree has much to offer an experienced operator with a true passion for Beer, Cider and something a little different! Experience of operating a cask and specialist local craft beer business is essential, while the skillset to effectively market all the pub has to offer will create new opportunities for The Elm Tree.
Strong commercial and financial skills are important, complemented by a passion for providing fantastic community atmosphere.
Financial Overview
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
|
Security Deposit Paid in advance to Wells & Co. Ltd, held to cover credit and rental charges. Returnable at the end of the agreement. |
£10,000 |
|
F&F 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. |
£12,000 |
|
Administration Fee Payable to Wells & Co. Ltd in advance, to cover e.g. premises license changes, solicitors fees, and agreement. |
£520 |
|
Minimum Working Capital Required |
£6,500 |
|
Stock and Glassware Paid to the outgoing licensee on the day of changeover) to cover the value of opening stock |
£6,000 |
|
Valuers Fees |
£910 |
|
Advanced Rent One week rent in advance |
£496 |
|
APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings. |
£24,400 |
Ongoing Costs
|
Service Charge Includes: Cellar cooling service, Extract clean x 3, Buildings insurance, Fire Compliance, Boiler maintenance & Electrical Test (tenancies only) |
£75 p/w |
|
Accountancy Services Fees for a nominated accountant (in the region of) |
£64 p/w |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£25 p/w |
|
Rent In the region of (payable weekly in advance) |
£496 p/w |
Downloads
Business BrochurePub Details
Could this be the pub for you?
Please ring 01234-244453 to speak with our recruitment team
