Tenancy - Saffron Hotel, Saffron Walden

Location
Essex
Salary
Business Opportunity
Posted
31 Jul 2017
Closes
28 Aug 2017

Tenancy - Saffron Hotel

PUB OVERVIEW

Great opportunity to run a boutique hotel with a wedding licence situated in an historic market town, located within easy distance of Stansted Airport, Newmarket and Cambridge. This well presented 16th Century coaching inn is situated in the heart of Saffron Walden. Popular with locals, the restaurant and bar have been tastefully modernised in a bistro style whilst retaining wooden features including the floors, bar and beams. There are 16 en-suite bedrooms (including 2 feature rooms and one four-poster room) and the spacious function room can hold up to 80 people for a reception and up to 50 for conferences. Room occupancy is strong, and demand is increasing in this area.

LOCATION

Situated on the main high street of Saffron Walden, within easy reach of London, Stansted, Newmarket and Cambridge, the Saffron Hotel is in the ideal location. Saffron Walden is an idyllic market town filled with antique shops, book shops and other unique stores. The local schools have very good reputations and it is a very affluent area. Audley End, England's largest Jacobean mansion is on the doorstep and the beautiful university town of Cambridge is just 12 miles away. The Imperial War Museum at Duxford and the racing town of Newmarket are also within driving distance.

CURRENT PREMISES LICENCE OPENING HOURS

Monday to Sunday 08:30 - 01:30

About the business
TRADE SPACE

The hotel consists of 16 letting rooms (14 double/twin and 2 single), 2 bars and coffee bar, a 30 cover restaurant and function room with its own bar for 80 people. There is also a catering kitchen, store room, laundry room, toilets and underground cellar consisting of 4 rooms. Externally there is a patio area ideal for alfresco dining. Although there is only a small on site car park, there is plenty of parking available from 6pm until 8am outside the hotel and the town long stay car park is a 5 minute walk from the hotel.

TRADE SPACE

  • Bars 2
  • Car park spaces 5
  • Dining rooms 2
  • Food covers 60
  • Function rooms 1
  • Trade kitchens 1
  • Rooms to let 16
  • Patio areas 1

PRIVATE ACCOMMODATION

There is a managers (owners) flat plus a further 3 staff bedrooms with a shared bathroom. The flat consists of 2 double bedrooms, lounge, private kitchen, bathroom and office.

PRIVATE SPACE

  • Private Rooms 9
  • Lounge 1
  • Double bedrooms 5
  • Private Kitchen 1
  • Bathrooms 2

ESTIMATING TURNOVER

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. Calculators to help you are available on the business planning section of our website.

“Opportunities like this are rare, a characteristic hotel (16 bedrooms) with a wedding licence in a very affluent area. There is scope to further develop the food trade and build upon the many weddings, conferences and meetings already booked. Situated next to a picturesque church and gardens (use of which are permitted for wedding photos and drinks receptions); this is the ideal location for someone planning their traditional wedding and the site is a must see. Only highly skilled operators should apply for this vacancy.”

WHY CHOOSE US?

By choosing Greene King, you’ll be joining one of the Uk’s most successful and respected leased and tenanted pub companies. With a heritage of running pubs and brewing beer that can be traced back over 200 years, at Greene King we’re proud of our history and confident that, as the country’s leading pub retailer and brewer, we can help make your pub the success it deserves to be.