Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

Be at the forefront of an exciting new venture

Located in the picturesque village of Histon, just a short distance from Cambridge, this refurbished pub offers an exciting opportunity for an operator ready to make a real difference. Set to transition from a franchise model to a tenancy, the site is now perf...

Important Information

Annual rent £24,160
The annual rent shown (£24,160 per annum) takes into consideration a machines supply concession. The annual rent will be £29,160 if you prefer not to have Greene King supply machines to you. The rent will be stepped as you build your business, meaning the head rent will be equal to £15,000 months 1-6, £19,000 months 7-12 with the full rent payable thereafter. If you choose to be not have machines supplied by Greene King, the rent steps will be £20,000 months 1-6, £24,000 months 7-12 with the full rent payable thereafter.
Additional information The annual rent shown (£24,160 per annum) takes into consideration a machines supply concession. The annual rent will be £29,160 if you prefer not to have Greene King supply machines to you. The rent will be stepped as you build your business, meaning the head rent will be equal to £15,000 months 1-6, £19,000 months 7-12 with the full rent payable thereafter. If you choose to be not have machines supplied by Greene King, the rent steps will be £20,000 months 1-6, £24,000 months 7-12 with the full rent payable thereafter.
Weekly rent £465
Entry costs £21,040
Turnover royalty N/A
Forecasted operator turnover £429,399
Forecasted Operator Profit (inc machine profit) £29,160
Forecasted operator machine profit £5,000
Average Beer & Cider Discount* £108
Type of Tie Full tie: All products
Agreement Standard Tenancy Agreement. A fixed 5 year term.
Machine Product Agreement Restricted (50/50 share)
Entry cost is approximately £21040 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.
Deposit £6,040
Additional Information N/A
Estimated Fixtures & Fittings Value £8,000
Estimated Stock Value £0
Estimated Working Capital £7,000
Estimated Entry Cost £21,040

Sarah Adams

Business Development Manager

‘From their unmatched atmosphere to the brilliant communities they serve, I love pubs and enjoy working with licensee partners who share my passion for people and great beer. With over 15 years’ experience supporting leased and tenanted operators to run their pub businesses, I like to work in a collaborative and supportive manner to help my partners become a success.’