Are you looking for pub tenancy in Peterborough ? Why not run ‘The Cock Inn’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Cock Inn is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Pub Tenancy In Peterborough – The Cock Inn Is Now Available
The Cock Inn is a lovely community local situated in Werrington village, four miles from Peterborough. The outlet enjoys good trade from surrounding residential housing and attracts passing trade from the nearby A15. Whilst currently enjoying steady business an experienced operator will find plenty of opportunities to maximise the potential of this pub.
The successful candidate will be able to demonstrate business acumen, a strong marketing strategy and the experience of running a successful food operation.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Trading Area & Facilities
Internally, the main trading area offers a large single bar and has several smaller fixed seating zones that give a welcoming and cosy environment to all its customers. There are also two fantastic traditional working fireplaces to complement the redecorated interior.
Externally, the site’s large car park provides ample facilities to maximise potential passing trade. Further to this, there is an outside smoking solution to the rear of the pub which leads on to a reasonably sized beer garden.
Private Accommodation
The pub benefits from good residential accommodation on the first floor consisting of three bedrooms which are all doubles, lounge, kitchen and bathroom, and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.
Premises Licence Details
See license for full details in the download section.
Cock Inn Peterborough
Annual Rent £
31,271
Estimated Tenants Annual Operating Profit £
33,670
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
487,066
Estimated Annual Barrelage
210
* 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
Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
10,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,000
Deposit Amount £
7,818
Rent in Advance £
601
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 £
28,039
Estimated Minimum Ingoing Costs £
13,221
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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
1,284
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
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
