Packhorse Peterborough
4 Lincoln Road, Northborough, Peterborough, PE6 9BL
Packhorse Peterborough
The Pack Horse is Located in the beautiful village of Northborough, only 7 miles from Peterborough. Situated on the main road accessing the village, its demographics attracts mature retired locals and clientele from the neighbouring villages. Near to the "Northborough Manner House" this pub is perfectly positioned for attracting visitors to stop off whilst in the area.
The Pack Horse currently offers a wide portfolio of both premium and standard lagers and ales. The food offer is high quality pub food that can accommodate 90 covers. There is planned refurbishment to add a little sparkle to the bar area at the front of house and upgrades to the kitchen area, making this a fantastic opportunity to develop and enhance the current food and drink offering further. Locals enjoy the variety of events the pub hosts, such as monthly live music sessions and their successful beer and food festivals.
Passionate Food Operator Wanted
We are looking for an experienced operator who has a real flare and passionate for good quality food, who is willing to drive the food offer and continue to attract locals and visitors from nearby villages.
Pub Features
Trading Area & Facilities
The main bar is traditional, located in the middle of the pub with 3 service points. The planned upgrade will complement the original features of the main area, and create great potential to grow the food offer. The restaurant area boasts of high ceilings and wooden beams. The original built in fire place is one of the key features creating an inviting atmosphere especially in the winter months.
To the rear of the restaurant is a larger separate area which can be used for small events.
The Packhorse is a traditional stone built exterior with a good size car park with approximately 15 spaces.
The garden has a sizable seating area at the front of the pub, which is fenced off from the main road with access from the main bar.
Private Accommodation
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 09:00 - 00:30 | 09:00 - 00:30 | 09:00 - 00:30 | 09:00 - 00:30 | 09:00 - 00:30 | 09:00 - 00:30 | 09:00 - 00:30 |
Financials
| Annual Rent | £ 38,704 |
| Estimated Tenants Annual Operating Profit | £ 41,202 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 125 |
| Estimated Annual Turnover | £ 495,322 |
| Estimated Annual Barrelage | 188 |
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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 |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ 22,000 |
| Estimated Fixtures & Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 7,990 |
| Deposit Amount | £ 9,676 |
| Rent In Advance | £ 744 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 60 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 42,030 |
| Estimated Minimum Ingoing Costs | £ 42,030 |
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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. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ 2,079 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ 6,108 |
| Estimated Annual Repairs Fund | £ 1,300 |
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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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