The Cambridgeshire Hunter, St Neots - Under Offer

The Cambridgeshire Hunter, St Neots - Under Offer

  • The Cambridgeshire Hunter, St Neots - Under Offer gallery image
  • The Cambridgeshire Hunter, St Neots - Under Offer gallery image
  • The Cambridgeshire Hunter, St Neots - Under Offer gallery image
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Key Highlights

• Well established wet-led business

• Great reputation for sports teams and community events

• Prime location within a densely-populated housing estate

• Opportunity to grow food sales

• Payment plan available for fixtures and fittings

Pub Overview

The Cambridgeshire Hunter is a fantastic business opportunity. The pub already has strong support from the local community and various sporting teams; however, there is a real opportunity to grow the business. Renewed focus on the wider community who could use the pub regularly whilst introducing a small food offer which would help increase footfall during the daytime. 

Suitable Applicants

This pub would ideally suit community-minded applicants with a good knowledge of the surrounding area. Ideally you would have both bar and catering experience. The ability to engage with the local community is a must to grow trade beyond sports and develop a calendar of events and a good standard of traditional pub food.

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. £20,950
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. £7,000
Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock. £3,500
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)  £2,750
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.  £17,500

Ongoing Costs

Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) £2,190
Accountancy Services fees for a nominated accountant £,2600
Stocktaking Services We recommend all licensees should have six professional stocktakes per annum £1,600
Rent In the region of (payable monthly in advance) £28,000
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Berkley St, Eynesbury, Saint Neots, PE19 2NF
Community local
Total Investment 20k - 30k
Potential Partner Profit £28k pa
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team