The Cob and Pen is a charming, detached cottage-style property of brick construction with painted elevations under a pitched slate roof. The premises has benefitted from various
sympathetic alterations and extensions providing four adjoining trade areas, with a mixture of stained wood and stone flooring, with some carpeted sections and feature open fuel burning fireplaces.
There are exposed timbers and brickwork throughout the pub, with many retained features providing a genuine rustic charm. The trading area comprises a function room, which during normal service is set up as a games area with a fruit machine and pool table. There is then a narrow a central bar
with access to a large trade patio and two dining areas on different levels providing a further 40+ covers.
The fully kitted trade kitchen is at one end of the pub and the cellar at the other end of the pub, also on the ground floor.
The pub has a massive external area, comprising of a garden area with approximately 15 picnic style tables, a large childrens play area and a brick built permanent BBQ area. There is a 30-space car park.
The accommodation is spacious and covers the trading area of the pub beneath. It comprises three bedrooms, a lounge, kitchen and bathroom. The kitchen and bathroom were refurbished 15 months ago. The accommodation is presented in a good decorative state.
Forecast Turnover: £693,687.28
Year 1 Rent: £0.00
Guide Rent: £54,000.00
Initial Deposit: £0.00
Full Deposit: £13,500.00
Full Tie Release: £74,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: Valued at £18,180.00
Working Capital: In going funds £28,387.00
Stock & Glassware: £4,000.00
Cash Float: £1,500.00
Turnover Rent: £0.00
Turnover Rent %: £0.00
Forecast Wet Turnover: £554,954.13
Forecast Dry Turnover: £138,733.15
Forecast Other Turnover: £0.00
This is a great opportunity for an experienced publican to build on the successful model of a genuinely welcoming pub. The current publican has built a successful and well-regarded business over the last seven years.
With a family friendly atmosphere, the Cob and Pen is at the heart of the community and also attracts customers for its food offering from further afield.
The footprint of the property allows the publican to present a diverse offer and events to appeal to all.
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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