The Hereward, a welcoming and dog-friendly establishment in the heart of historic Ely, Cambridgeshire, is searching for its next passionate publican. Imagine yourself at the helm of this charming pub, with the iconic Ely Cathedral as your stunning backdrop!
The Hereward is known for its friendly and inviting environment, making it a favourite with locals and visitors alike. Sports fans will rejoice with multiple HD screens, including brand new HDTVs, showing major sporting events from Sky Sports and TNT Sports. Entertainment abounds with a lively pool table, dartboard, and a selection of board games. Regular Bingo and Open Mic Nights alternate every Thursday, and live DJs or bands take the stage every Friday and Saturday. A seated area to the front of the pub provides the perfect spot to relax and soak in the atmosphere. A diverse menu featuring classic British comfort food awaits, alongside a wide selection of wines, gins, and beers. Our traditional Sunday roast is a must-try, and as a Cask Marque approved pub, we guarantee quality ales. Situated in the historic town of Ely, you'll be part of a vibrant community with a constant stream of potential customers.
This is a fantastic opportunity for an enthusiastic and experienced publican to make their mark. If you're passionate about creating a memorable pub experience, we want to hear from you!
the accomadation comprises of 2 bedrooms, bathroom, living room and a kitchen
Forecast Turnover: £1,190,824.02
Year 1 Rent: £0.00
Guide Rent: £82,000.00
Initial Deposit: £0.00
Full Deposit: £20,500.00
Full Tie Release: £133,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £35,000.00
Working Capital: £47,500.00
Stock & Glassware: £10,000.00
Cash Float: £3,000.00
Turnover Rent: £47,949.37
Turnover Rent %: £4.00
Forecast Wet Turnover: £833,591.38
Forecast Dry Turnover: £357,232.64
Forecast Other Turnover: £0.00
The Hereward is ready to go as a “turnkey operation” such an opportunity very rarely comes up! As an already established and a well-known pub, this is is a fantastic opportunity for an operator who is ready to drive a quality family friendly food and entertainment offer, maximise the links with the local community and to make their mark by adding their touch to develop the business further.
Due to the high level of interest expected, I strongly recommend that you contact us promptly to avoid any disappointment.
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.
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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
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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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