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Lying at the entrance to the historic town of Godmanchester, the Black Bull presents a fantastic opportunity for a hands-on operator, supported by a small team. Recent external decorations and new signage have just been completed, giving the site excellent kerb appeal to attract passing trade. The entrance to the pub is off the street and leads into the main bar which provides 50 covers and a separate area which houses bench seating and dining. The decoration is traditional with an open fire and wooden beams that complement the panelled walls and give a cosy and welcoming feel. The trade kitchen is spacious and well-equipped with access directly to the trade area. There are two function rooms with self-contained bar facilities, a separate kitchen and toilets. Direct access is gained from the car park, making the rooms ideal for weddings, celebrations and meetings. In addition, there are five letting rooms located on the first floor, all of which are en-suite and in good order. Externally there is an adequately sized patio area located to the front of the pub with seating for approximately 20 covers. To the rear is a beer garden and large car park providing space for up to 15 vehicles. There is also an outside bar and street food trading area to service the garden and patio.
A self-contained managers flat is being created to first floor consisting of one ensuite bedroom, a large lounge area and kitchen/diner.
Agreement Fee: £750.00
Cash Float: £500.00
Fixtures & Fittings: £20,000.00
Forecast Turnover: £461,220.21
Full Deposit: £10,500.00
Full Tie Release: £41,750.00
Guide Rent: £42,000.00
Initial Deposit: £0.00
Repair Fund: £2,500.00
Stock & Glassware: £2,000.00
Working Capital: £20,000.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £158,005.29
Forecast Other Turnover: £72,979.50
Forecast Wet Turnover: £230,235.42
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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