Are you looking to lease a pub in the Huntington area? The Samuel Pepys is available !
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Lease A Pub In Huntington – The Samuel Pepys Is Available
Samuel Pepys is a fantastic, deceptively large, terraced pub situated within a 3 minute walk from the centre of Huntingdon. Huntingdon is home to many local businesses, including Huntingdon Racecourse and Hinchingbrooke Business Park which has many offices and warehouses located in it. The town lies on the north bank of the River Great Ouse, opposite Godmanchester and close to the market town of St Ives in the east and the village of Brampton in the west. The street that Samuel Pepys sits on is a mixture of commercial properties, with hair dressers, restaurants and some residential houses. Behind the pub is mainly a large residential area of privately owned properties. Huntingdon is an old market town situated between Peterborough and Cambridge and is used by many as a commuter town as the station has good links into Cambridge and London.
Pub Layout
The pub has a large split level bar area with balustrading to section off service areas, loose furnishings are used to create casual dining areas for circa 50 and also comfy sofas for a more relaxed experience. The toilets are along a corridor to the rear of the pub, the kitchen has easy access to the pub. There is also a large garden to the rear which is fully paved and has a purpose built area for BBQ’s or beer festivals along with some covered area’s that can be used all year round for alfresco dining and drinking.
The pub currently operates as mainly wet led with a small and recently growing food offer, we believe there is an opportunity to drive this further. There is further opportunity to be more premium against the value led pubs that are in central Huntingdon itself. We are keen to discuss with prospective Landlords how they would want to drive the Samuel Pepys to be the anchor point of the town.
Private Accommodation
There is a recently refurbished 2-bedroom flat up upstairs with a separate lounge / office as well as kitchenette and full bathroom.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Samuel Pepys
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £4,000
Stock: £3,000
F&F: Funding options may be available for the right licensee
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed)
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
Ingoing Cost: 12000
Annual Cost: 0
Samuel Pepys, Huntington
The Samuel Pepys already operates well but there is scope to go further and potentially in a different direction. Food can be more of a focus here with a menu that would drive lunchtime and early evening diners as well as a first choice Sunday / roast offer which is lacking in Huntingdon. We are also looking for somebody who can make the most of the large, enclosed patio to drive the pub to be the centre attraction of Huntingdon.
