under offer
tenancy
35 High Street, Warboys, Huntingdon, Cambridgeshire PE28 2TA, UK
Approx. Total Ingoings
£11,250Annual Rent
£21,000The White Hart is an idyllic thatched pub in the village of Warboys near Huntingdon. The pub benefits from many attractive features and is presented in good order, making it an ideal starter pub for a single person or couple to immerse themselves into the local community. Externally the pub has a large garden and pond and also houses a bowls club at the end of the garden. A fully fitted electric kitchen and separate dining room and bar provides this pub all the facilities needed for success.
Private Accommodation: The private accommodation comprises of two double bedrooms, a bathroom with separate toilet, and a large lounge, all in reasonable decorative order. Whilst there is no private kitchen it could be possible to install a kitchen area
Indoor trading area
The pub has a traditional yet contemporary feel with two distinct trading areas and bar serveries. The first is more geared towards local villagers and has the possibility to house a pool table and darts board. There is a large log fire which creates a warm atmosphere, with seating for approximately 20 covers. The lounge bar is more suited to customers who wish to dine and would like a quieter atmosphere. This décor is traditional and there are lovely views over the front garden and patio. A good-sized trade kitchen also has an abundance of storage areas and provides direct access to the garden too.
Outdoor trading area
The pub has fantastic outdoor trading potential with substantial grassed areas to both the front and rear. This is complete with a duck pond, bowls green, children’s play equipment and a variety of picnic benches for approximate 50+ covers; perfect for al fresco dining and relaxing drinking. There is a large car park laid to gravel for approximately 20 vehicles.
Regional Manager Comments
The White Hart would benefit from a fresh injection of enthusiasm and ideas to develop its position at the heart of the community. All the attributes are there from two bars, a fully fitted kitchen, car park and great external spaces. We are currently looking for a publican who can continue developing its current reputation whilst also introducing new and exciting ideas.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale Children's Play Area Restaurant/Food
Approx. Total Ingoings
£11,250
Annual Rent
£21,000
Potential Turnover: £289,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £21,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £11,250 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £8,000 (excl VAT)
To be discussed with the Regional Manager.
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.