The Burleigh Arms, Cambridge
Pub Details
9-11 Newmarket Rd, Cambridge, CB5 8EG
Town Centre
Ingoing Costs : £30,000
Pub Rent: £36,000
About the Pub
The Burleigh Arms is very well presented Cambridge pub finished to a high level and ready to trade with a well equipped commercial kitchen and courtyard garden and car park to the rear. The pub benefits from 2 bars and trade areas both suitable for drinking & dining giving a very versatile trade space that offers a relaxed and inviting customer experience. The pub provides a small car park to the rear of the building which is a real asset in Cambridge and the covered courtyard garden provides and unique customer space usable all year round creating an additional trading opportunity. The Pub sits close to Midsummer Common to the east of central Cambridge and a short walk from the Grafton Shopping Centre.
Key Highlights
Close walking proximity to the centre of historic university town of Cambridge
Well defined areas for dining and drinking internally giving an easy flow in the trade area
Commercial kitchen in place to support food offer and growth
External courtyard ideal for dining & drinking
Great decoration through the internal trade space
Self contained private accommodation + 4 staff bedrooms
Suitable Applicants
Experienced pub operators required with experience in both the wet and food side of the pub business.
Financial Overview
Security Deposit
Payable in advance to Wells to cover charges incurred by your business. If your business is to operate as a limited company a bond of £10,000 is required together with a personal guarantee for all directors£10,000
Valuers Fees
In the region of( paid to valuer) for valuing fixtures and fittings£900
Advance Rent
In the region of (usually 1 month)£3,166
Fixtures and Fittings
“Estimated” valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment£25,000
Stock and Glassware
In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock£6,000
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement£500
Working Capital
Minimum working capital required£10,000
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings£30,000
Anticipated Retained Income
Wet 40%
Dry 60%
Ongoing Costs
Service Charge
Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) and premises licence renewal fee£4716 p/a
Accountancy Services
Fees for a nominated accountant (payable monthly)£6000 p/a
Stocktaking Services
Six professional stocktakes per annum£1,900 p/a
Dilapidations
Service Charge applicable to all Tenancy agreements. Funds will be collected through the whole agreement and will be drawn down to fund tenant works/decorations£80 p/m
Rent
In the region of (payable monthly in advance)£36,000 p/a
It all starts with a vision.
We'll help you make it a reality.
From the minute you click apply, our team are there to give you all the right guidance and support, even long after you get the keys to your pub.
If you’re passionate, willing to learn and have a strong desire to serve your community, you’re definitely in the right place.
Click ‘Get Started’ to get the ball rolling.
We'll give you the support
you need to succeed.
Choose from the following support options below. Or, if you need to contact us directly, click here.
Monday Drop In
Want to learn more about what it takes to thrive as a Wells & Co. pub partner? Our RDMs are at Brewpoint every Monday, and they’re ready to chat!
1 to 1 with an RDM
Curious about running your own pub? Our Retail Development Managers are here to help. Whether you’d prefer to call, email, or meet in person, they’re ready to chat.
Support & Training
All the support, development you need, provided by best in class providers. We’ll help you get all the licenses & training you need to succeed.
Your dream pub could be waiting for you...
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