Square Deeping
13 Market Place, Market Deeping, PE6 8EAAgreement Type: Foundation Tenancy
View details for Square Deeping
Packhorse Peterborough
4, Lincoln Road, Northborough, Peterborough, PE6 9BL
Pub Code: 0050641101
Key Features
- Foundation Tenancy
- Village Pub
- Tradational Features
- Out Door Trading Area
Est Min Ingoing Costs: £10,500
Annual Rent: £24,000
More Information
Popular with the whole community
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 70 covers. The Pub will be Let as is but we believe that the right operator will be able to make the most of this 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.
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 70 covers. The Pub will be Let as is but we believe that the right operator will be able to make the most of this 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.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
Internally the Pack Horse is a charming pub split into two areas accommodating clientele who wish to enjoy a drink or dine out.
The main bar is traditional, located in the middle of the pub with 3 service points. 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.
The main bar is traditional, located in the middle of the pub with 3 service points. 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
The private accommodation at the Pack Horse consists of two bedrooms, lounge, kitchen, 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
| Annual Rent | £ 24,000 |
| Estimated Annual Turnover | £ 374,323 |
| Deposit | £ 6,000 |
| Estimated Fixtures & Fittings Value | £ 15,465 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 29,965 |
| Estimated Minimum Ingoing Costs | £ 10,500 |
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
4, Lincoln Road, Northborough, Peterborough, PE6 9BL
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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