The New Sun Inn, Kimbolton

The New Sun Inn, Kimbolton

  • The New Sun Inn, Kimbolton gallery image
  • The New Sun Inn, Kimbolton gallery image
  • The New Sun Inn, Kimbolton gallery image
  • The New Sun Inn, Kimbolton gallery image
Gallery View

Key Highlights

Prominent position in the sought after Cambridgeshire village of Kimbolton
Traditional pub-restaurant with opportunity to develop the business
Large enclosed patio area, with development potential for al fresco trade
Cosy and inviting lounge full of traditional charm
Payment plan available for fixtures and fittings

Spacious domestic accommodation offering 4 bedrooms + a 5th box room

Pub Overview

An eye-catching three-storey brick building under a slate tiled roof, the New Sun Inn has been a mainstay of the beautiful Cambridgeshire village of Kimbolton for around three centuries. Steeped in history and charm, the pub’s exposed beams and brickwork, enticing open fire, warm furnishings and comfy seating make it a magnet for local drinkers and diners. Whether enjoying a pint of expertly kept craft ale after an invigorating walk in the local countryside or treating your significant other to a delicious pub meal in friendly surroundings, the pub has a strong reputation locally as a great place to gather. The New Sun Inn’s fully equipped commercial kitchen, sizeable exterior patio and affluent regional demographic all signpost the potential for the business to expand significantly under the right operator.

Suitable Applicants

Applicants for The New Sun Inn should be committed to providing great hospitality and be able to engage with the local community to drive sales through a range of activities. Experience of retail catering will be a distinct advantage in order to continue to grow the food and wet sales.

Financial Overview

ANTICIPATED INVESTMENT REQUIRED

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

APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings. £26,400
Security Deposit Approximate figure, paid in advance to Wells & Co. Ltd held to cover credit and rental charges. Returnable at the end of the agreement. £10,625
Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock. £4,500
Valuers Fees In the region of( paid to valuer) for valuing fixtures and fittings.Minimum working capital required £800
Training Course Fees   Per person (payable to Wells & Co. Ltd) 5 day  induction course mandatory for all licensees – NB £800 for two people £500
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement £400
Advance Rent In the region of (usually 1 month)  £3,542
Working Capital Minimum working capital required £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.  £25,000
ANTICIPATED RETAINED INCOME
Drink Sales
Food Sales
Room Sales
Gaming Machines

Ongoing Costs

Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) £2,618pa
Accountancy Services fees for a nominated accountant £2,600pa
Stocktaking Services We recommend all licensees should have six professional stocktakes per annum £1,600pa
Rent In the region of (payable monthly in advance) £42,500pa
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

20 High Street, Kimbolton, Cambridgeshire, PE28 0HA
Destination community food
Total Investment 30k - 40k
Potential Partner Profit £42.5k pa
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team