The Black Horse, Swaffham Bulbeck

The Black Horse, Swaffham Bulbeck

  • The Black Horse, Swaffham Bulbeck gallery image
  • The Black Horse, Swaffham Bulbeck gallery image
  • The Black Horse, Swaffham Bulbeck gallery image
  • The Black Horse, Swaffham Bulbeck gallery image
  • The Black Horse, Swaffham Bulbeck gallery image
Gallery View

Key Highlights

- Traditional country inn in prime location on village green

- Nine letting rooms

- 50 dining covers

- Well-equipped commercial kitchen

- Payment plan available for fixtures and fittings

Pub Overview

A fixture of the Cambridgeshire village of Swaffham Bulbeck for over 350 years, the Black Horse enjoys a highly visible location on the edge of the beautiful village green. Friendly and welcoming in ambience, the pub offers extensive car parking and comes complete with a well-specced commercial kitchen in situ, meaning the infrastructure needed to create a destination dining venue is already in place. En-suite accommodation in a converted stable block provides an additional revenue stream for the savvy operator. 

Situated just ten minutes from both Cambridge and Newmarket, the demographic within reach of the pub offers huge potential for developing its trade and establishing it as one of the premier drinking and dining options in the area. 

Suitable Applicants

The ideal applicant should be committed to providing excellent hospitality to new customers, able to engage with the local community and drive sales via a range of activities. Experience of retail catering and providing consistently great hospitality will be essential to making a success of the Black Horse. A thorough approach to marketing is important to ensure that the retail offer is well promoted in the local area.

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. £24,392
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. Note - If the business is to be run as a limited company, personal guarantors from each company director are required. £8,750
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)  £3,442
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.  £22,500
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) £2,753
Accountancy Services fees for a nominated accountant £2,600
Stocktaking Services We recommend all licensees should have six professional stocktakes per annum £1,560
Rent In the region of (payable monthly in advance) £35,000
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

35 High St, Swaffham Bulbeck, Cambridgeshire, CB25 0HP
Destination community wet
Total Investment 20k - 30k
Potential Partner Profit £35k pa
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team