The Station - Tenancy Opportunity

2 days left

Location
IP33 1JQ, Bury St Edmunds
Salary
Business Opportunity
Posted
24 Aug 2017
Closes
24 Sep 2017

The Station - Tenancy Opportunity

PUB OVERVIEW

A successful food-led Smokehouse business that had benefited from a recent investment by Greene King. The Station is situated in a prime position directly opposite Bury St Edmonds Train Station. The Site has recently undergone a transformation to a smoke house and the reputation is building rapidly. This is an ideal time for an operator to capitalise on this growing business. The premises also offers further scope to grow, with a large garden area and large external areas which subject to planning could form future development to introduce letting rooms or increase the cover space even more.

BUSINESS INFORMATION

Entry cost from: £20,150

Annual rent: £45,000 per annum plus 6% Turnover Royalty

Agreement Tenancy – Turnover Tenancy Forecasted Operator Machine Profit: TBC

Forecasted Operator Profit (including machine profit): £49,273

Forecasted Operator Turnover: £516,343

Average Beer & Cider Discount: TBC

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

LOCATION

This pub is ideally situated in Bury St Edmunds, directly opposite the railway station and close to the A14 with easy links to Cambridge, Newmarket and Ipswich. This high profile, prominent site currently benefits from a large amount of both local and passing trade and has the potential to capitalise from a larger catchment area due to its proximity to the A14. There is also a large residential area being built only a short walk from the Pub which the Station would benefit from as the closest pub/restaurant to for the residents.

TRADE SPACE

There are 2 bars within an extensive trading area with around 90 covers. A large conservatory dining area leads directly into a very large garden with the potential for another 60 external covers. There is also a large, well-equipped commercial kitchen with extensive prep and storage areas, basement cellar and toilets.

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