Gallery View
Key Highlights
- Well presented with great kerb appeal and parking on site for patrons
- Commercial kitchen in place to support food offer and growth
- Good external space for drinking & dining
- Close proximity to the centre of historic university town of Cambridge
- Great decoration through the internal trade space
- Self contained private accomodation + 4 staff bedrooms
Pub Overview
The Burleigh is very well presented Cambridge pub finished to a high level and ready to trade with a well equipped commercial kitchen and courtyard garden and car park to the rear. The pub benefits from 2 bars and trade areas both suitable for drinking & dining giving a very versatile trade space that offers a relaxed and inviting customer experience. The pub provides a small car park to the rear of the building which is a real asset in Cambridge and the covered courtyard garden provides and unique customer space usable all year round creating an additional trading opportunity. The Pub sits close to Midsummer Common to the east of central Cambridge and a short walk from the Grafton Shopping Centre.
Suitable Applicants
Experienced pub operators required with experience in both the wet and food side of the pub business.
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 |
£30,000 |
|
Security Deposit Payable in advance to Wells to cover charges incurred by your business (as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors) |
£10,000 |
|
Training Course Fees Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people |
£0 |
|
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement |
£450 |
|
Working Capital Minimum working capital required |
£10,000 |
|
Stock & Glassware In the region of to cover the value of opening stock |
£6,000 |
|
Valuers Fee In the region of (paid to valuer) for valuing fixtures and fittings. |
£800 |
|
Advanced Rent In the region of (usually 1 month) |
£3,166 |
|
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est) |
TBC |
ANTICIPATED RETAINED INCOME
|
Drink Sales FMT |
60% |
|
Food Sales FMT |
40% |
|
Accommodation FMT |
0% |
|
FMT = Fair Maintainable Trade |
Ongoing Costs
|
Service Charge Payable monthly, to include: Cellar cooling service, Extract clean, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). Electrical Test (tenancies only) |
£4,000 pa |
|
Accountancy Services Fees for a nominated accountant (in the region of) |
£4,254 pa |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£1,356 pa |
|
Rent In the region of (payable monthly in advance) |
£38,000 pa |
Pub Details
Could this be the pub for you?
Please ring 01234-244453 to speak with our recruitment team
