Tenancy - The Plough, Great Chesterford

Location
CB10 1PL, Saffron Walden
Salary
Business Opportunity
Posted
02 Sep 2017
Closes
02 Oct 2017

Tenancy - The Plough, Great Chesterford

Stunning premium site in a great location. Superb beer garden and outside bar area, a rare opportunity in an area that is thriving with more development planned.

PUB OVERVIEW

Fantastic opportunity, a stunning Food Led business with amazing facilities! The Plough is located in the picturesque village of Great Chesterford, just north of the charming market town of Saffron Walden. The pub has parking for at least 25 cars, and a very substantial beer garden. The pub also has the luxury of an outside bar, and a private dining room, and even a vegetable and herb garden! Internally, the condition of the pub is excellent, and is in a prime condition for a driven food led operator to start making an immediate impact.

BUSINESS INFORMATION

Entry cost from: £48,450

Annual rent: £48,000 per annum

Agreement Tenancy – Standard Tenancy

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

LOCATION

Great Chesterford is a medium-sized village and civil parish. It is located 18 miles north of Bishop's Stortford, 12 miles south of Cambridge and about 41 miles north of London. It is a picturesque village with its own railway station serving Cambridge and London Liverpool Street and is about half a mile from Junction 9 of the M11, which connects London with the north. Planning has been submitted for extensive housing development in the surrounding area.

CURRENT PREMISES LICENCE OPENING HOURS

Monday to Wednesday 07:00 to 00:30 Thursday to Saturday 07:00 to 01:30 Sunday 07:00 to 00:00 About the business

TRADE SPACE

Outside drinking and eating area, one main bar servery inside and one outside. Ample dining area and a private dining room to the left hand side.

PRIVATE ACCOMMODATION

Located above the pub and in very good condition.

FINANCIAL INFORMATION

Entry costs approx £42,450 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, Schedule of Conditions, working capital and deposit (25% of head rent, minimum £6,000).

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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