The New Sun Inn, Kimbolton
Pub Details
20 High Street, Kimbolton, Cambridgeshire, PE28 0HA
Destination, Community, Food
Ingoing Costs : £29,400
Pub Rent: £38,000
About the Pub
Steeped in history and charm, The New Sun Inn has been a mainstay of the beautiful Cambridgeshire village of Kimbolton for around three centuries. Wells and Co completed a major investment in 2022 to the eye-catching three-storey brick building under a slate tiled roof. The pub’s exterior and Interior was revamped to enhance the quality of this listed building as well as making a great business opportunity for our Pub Partners. The Pub with it’s enticing open fire, warm furnishings and comfy seating make it a magnet for local drinkers and diners. Whether enjoying a pint of expertly kept craft ale after an invigorating walk in the local countryside or treating yourself to a delicious pub meal in friendly surroundings, the pub has a strong reputation locally as a great destination of choice. The New Sun Inn’s fully equipped commercial kitchen, sizeable exterior patio and affluent regional demographic all signpost the potential for the business to expand significantly under the right operator.
Key Highlights
High quality premium pub in Kimbolton
Prominent position in sought after Cambridgeshire village with 4-bed spacious domestic family accommodation
Heritage Pub with separate restaurant providing opportunity to develop a quality food business
Large enclosed patio providing a fantastic alfresco drinking and eating area
Cosy and inviting lounge full of traditional charm
Suitable Applicants
Applicants for The New Sun Inn should be committed to providing great hospitality and be able to engage with the local community to drive sales through a range of activities. Experience of retail catering will be a distinct advantage in order to maximise the growth potential of both the food and drink sales.
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
Stock and Glassware
In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock£6,500
Valuers Fees
In the region of( paid to valuer) for valuing fixtures and fittings£910
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement£510
Advance Rent
In the region of (usually 2 weeks)£1,461
Working Capital
Minimum working capital required£10,000
Fixtures and Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment£30,000
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings£29,381
Anticipated Retained Income
Dry 37%
Wet 63%
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£497 p/m
Accountancy Services
Fees for a nominated accountant (payable monthly)£427 p/m
Stocktaking Services
Six professional stocktakes per annum£1,522 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)£3,166 p/m
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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