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The Walnut Tree is located in Stowmarket, a market town in Suffolk very close to the A14 trunk route between Bury St Edmunds and Ipswich. Over recent years the area has benefited from an influx of people thanks to new housing and businesses, with a current population of 150,000 and still continuing to grow. The pub is situated close to the town and is surrounded by good quality local housing. It is also situated close to small out of town retail areas, and a local business park which has Scania located there.
Pub Layout
As you enter the pub you encounter a small patio, occasionally used for food trucks, but a great space for benches. Through the main door and you arrive at the main bar counter and an L-shaped trade area with approx. 20 seats and cosy fireplace. There is also a back room great for groups, events, local clubs and societies, also with a fully functioning bar and double doors out to the exceptional enclosed courtyard garden with the ladies and gents’ toilets located in between the two trade spaces. The style of the pub is traditional and cosy with a modern touch.
The private accommodation is in good condition, and consists of a lounge, 2 good sized bedrooms, a kitchen, an office, and a bathroom/toilet.
Annual Rent: £TBC
Security Deposit: £5,000
Working Capital: £4,000
Stock: £4,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
In the future this pub needs to be the hub of the village community. The new licensee will need to be a peoples person who can successfully engage with the locals to steal the market share. Sports teams, potentially sports viewing, actively engaging with clubs and societies as well as the ability to bring in a discerning custom base will be key elements that you will need to be focussed on to drive the business forwards. You will also need to have a great cask and craft offer, as well as offer more mainstream products for the nearby residents and potential regulars from the immediate town vicinity. There should be strong cask ale credentials, and well ranged wines and spirits available. A creative back bar food offer could also be crafted to supplement the business.
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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