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Green Man Cambridge

59, High Street, Cambridge, CB3 9NF

Pub Code: 2302381101

Key Features

  • £400k Refurbishment Planned
  • Cask Ales
  • Beer Garden
  • Private Accommodation

Est Min Ingoing Costs: £160,914

Annual Rent: £71,234

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More Information

Beautiful Country Pub

An extensive refurbishment at this beautiful pub in the tranquil village of Grantchester, which is just outside Cambridge, will include a hugely expanded outdoor trading space complete with an outside bar and kitchen. The garden area backs onto the main footpath/cycleway into Cambridge, while it’s situated by the banks of the River Cam, so is a big draw for passing footfall.

Experienced Operator Wanted

Are you an experienced operator with a passion for food and quality service? If so, we want to hear from you.

Please be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. This means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site. This applies to all pubs in England & Wales as per The Pub Code (2016). ‘

  • Catering Kitchen

  • Investment Tenancy

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

  • Refurbishment Planned

  • Weekly Billing

Trading Area & Facilities

Despite extensive renovations, The Green Man will retain its traditional interior feel, which provides a point of difference to the local competition.

The large garden with its outside bar will also be a key trade driver. It will boast some 260 external covers, some of which will be covered for use all year round.

For the full list of plans, please check the Refurbishment Plans document in the downloads section above. 

Private Accommodation

Private accommodation consists of two bedrooms, lounge, kitchen and bathroom. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on your business.

Premises Licence Details

Please refer to license for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
23:30
11:00 -
00:30
11:00 -
00:30
11:00 -
00:30
11:00 -
00:30
11:00 -
00:30
12:00 -
23:00

Annual Rent £
71,234
Estimated Tenants Annual Operating Profit £
71,233
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
1,125,702
Estimated Annual Barrelage
313
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
120,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
20,000
Deposit Amount £
17,809
Rent in Advance £
1,370
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
160,914
Estimated Minimum Ingoing Costs £
160,914
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.

A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
1,844
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
3120
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

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