The New Sun Inn, Kimbolton
Pending Transformational Refurbishment

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
  • The New Sun Inn, Kimbolton gallery image
Gallery View

Key Highlights

- Major Transformational Investment planned, creating a high quality premium pub in Kimbolton

- Prominent position in sought after Cambridgeshire village with 4-bed spacious domestic family accommodation

- Heritage Pub with separate restaurant providing opportunity to develop a quality food business

- Large enclosed patio, which will be developed into a Fantastic alfresco drinking and eating area

- Cosy and inviting lounge full of traditional charm

Pub Overview

Steeped in history and charm, The New Sun Inn has been a mainstay of the beautiful Cambridgeshire village of Kimbolton for around three centuries. Wells and Co is set to make a major investment to the eye-catching three-storey brick building under a slate tiled roof. The pub's exterior and Interior will be revamped to enhance the quality of this listed building as well as make the right business opportunity for our new Pub Partners. The Pub with it's 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 yourself to a delicious pub meal in friendly surroundings, the pub has a strong reputation locally as a great destination of choice. 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 maximise the growth potential of both the food and drink 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. £32,033
Security Deposit Payable in advance to Wells to cover charges incurred by your business. If your business is to operate as a limited company a bond of £10,000 is required together with a personal guarantee for all directors.  £11,875
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)  £3,958
Working Capital Minimum working capital required £10,000
Fixtures and Fittings  Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment £60,000
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) £3,421pa
Accountancy Services Fees for a nominated accountant (payable monthly) £4,010pa
Stocktaking Services Six professional stocktakes per annum £1,600pa
Rent In the region of (payable monthly in advance) £47,500pa
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 £45,000 pa (est)
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team