Tenancy - The Wheatsheaf, Peterborough

Location
PE1 4RA, Peterborough
Salary
Business Opportunity
Posted
22 Aug 2017
Closes
22 Sep 2017

Tenancy - The Wheatsheaf, Peterborough

PUB OVERVIEW

Investment Planned* £144 blended off invoice discount available on draught beer and cider* Estimated operator machine income - £27,000 per annum* 70 Covers* Large Beer garden* Separate patio area* Next to busy main road* Next to local college* Good trade kitchen

The Wheatsheaf is currently trading as a value wet led business and an investment is planned to help improve the environment and to enhance the offer, allowing it to trade as a good mainstream pub which caters for everyone. This will allow the pub to cater for those who want to watch live sport, play pub games, pool , darts and for those who would like to go out and have a nice home cooked meal in a nice comfortable environment.

BUSINESS INFORMATION

Entry cost from: £15,650 Annual rent: £35,000 per annum

Agreement Tenancy – Standard Tenancy

Type of Tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List

LOCATION

Situated on the busy Eastfield Road. Next to the local college Ten minutes from the town centre

CURRENT PREMISES LICENCE OPENING HOURS

Monday - Thursday - 11:00 - 23:30 Friday & Saturday - 11:00 - 00:30 Sunday - 12:00 - 23:30

About the business

TRADE SPACE

The pub has an open plan trading area incorporating one main bar servery and has approx 70 covers. It has a dedicated sports area which has TV screens and a pool table. There is a small patio area on the car park side of the building which allows for alfresco drinking and eating. There is also a beer garden on the opposite side of the building which has another patio area and a large grassed area for children to play.

PRIVATE ACCOMMODATION

The private accommodation is large and has a separate entrance so you do not have to go through the pub for access. It also has its own enclosed yard.

FINANCIAL INFORMATION

Entry costs approx £15,650.00 which includes, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). Fixtures & Fittings to be valued.

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.

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.

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