The Hammer & Pincers is a community pub that is enjoyed by a local customer base who visit the pub for the strong drinks offer, live sport and pub games. The pub currently operates from two trading areas; the main bar area and the lounge, both of which have their own bar servery. There is a conservatory adjacent to the lounge which is dedicated to dining including a carvery offer on Sundays for Boston residents and visitors to the many shopping centres and the supermarket next door. The bar area offers seating for 25 covers with plenty of space for vertical drinking, a pool table, darts board and Sky and BT sport. The lounge provides 20 covers in a more relaxed setting and the conservatory has 38 covers. Both the bar and lounge have open fires providing a home from home, cosy atmosphere. Externally, the pub has two drinking areas with picnic bench seating, a popular destination in the warmer months. The private accommodation has two double bedrooms, a good-sized lounge, kitchen diner, office and large bathroom. The outgoing publicans have been in situ for 15 years and have built a very strong and stable business that a new operator can build on and keep the business at the heart of the community.
Large private accommodation with two double bedrooms, sizeable lounge, a kitchen diner and a large bathroom with a separate shower. The office is also contained within the accommodation.
Forecast Turnover: £636,917.61
Year 1 Rent: £29,500.00
Guide Rent: £40,000.00
Initial Deposit: £0.00
Full Deposit: £10,000.00
Full Tie Release: £60,000.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £15,000.00
Working Capital: £22,000.00
Stock & Glassware: £4,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £436,040.08
Forecast Dry Turnover: £195,515.28
Forecast Other Turnover: £5,362.25
A great opportunity to take on a well-established community food business with potential to grow both wet and dry sales. The recent Mother’s Day week recorded sales in excess of £17,000 and this demonstrates the popularity of the pub and the quality of the existing publicans who are relocating. The current operation is a great example of what is possible when all areas of the business are traded well including breakfast, sport, a carvery offer and outdoor trading. There is further opportunity to release potential by refreshing these elements and exploring menu development and building on the current loyal drink trade including cask ales.
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
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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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