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FRED BARRETT & SON (Established 1908) Licensed Property Valuers & Brokers e-mail: [email protected] www.fredbarrettandson.com (01908) 281542 WELLS & CO., AVAILABLE TENANCIES (All ‘classic’ three-year, fixed term tenancies, unless otherwise stated Payment plans available to purchase Fixtures and Fittings All ingoings are approximate as advised by Brewers) BEAR Bilton Lane, Long Lawford Rugby Warwickshire. CV23 9DU. Approximate Ingoing Funds Required £30,000 (Does not include purchase of Fixtures and Fittings) / Rent- £40,000
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FRED BARRETT & SON AND CO. CURRENT TENANCIES … · The pub benefitted from a refurbishment four years ago and is still in ... The Cock is situated between Newport Pagnell and Cranfield

Jun 09, 2020

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Page 1: FRED BARRETT & SON AND CO. CURRENT TENANCIES … · The pub benefitted from a refurbishment four years ago and is still in ... The Cock is situated between Newport Pagnell and Cranfield

FRED BARRETT & SON (Established 1908)

Licensed Property Valuers & Brokers

e-mail: [email protected] www.fredbarrettandson.com

(01908) 281542

WELLS & CO., AVAILABLE TENANCIES

(All ‘classic’ three-year, fixed term tenancies, unless otherwise stated

Payment plans available to purchase Fixtures and Fittings

All ingoings are approximate as advised by Brewers)

BEAR

Bilton Lane, Long Lawford Rugby Warwickshire. CV23 9DU.

Approximate Ingoing Funds Required £30,000 (Does not include purchase of Fixtures and Fittings) / Rent- £40,000

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The Bear is a large, detached and striking building, just set back from the main road to Bilton, with a very large car park, a sizeable patio area with play equipment and grassed borders all around the pub. The Bear has a large trading area that is serviced by a significant central bar, with an area set aside for the pool table and darts. There is seating for over 60 people plus there is a separate room that can be used for private dining, functions or meetings. The trade kitchen is large and the back of house facilities are good. The pub benefitted from a refurbishment four years ago and is still in very good condition. The spacious living accommodation is in good decorative order and consists of four bedrooms, living room office and bathroom. The Bear would suit operators committed to providing great hospitality, with a desire to engage with their local community, enhance the pub’s food offer and build a strong reputation for live sports and community activity. Financial know-how is required to maximise the pub’s profit potential, as is marketing experience in order to promote the Bear’s events programme to the wider area.

BUSHEL AND STRIKE (THREE MONTHS RENT FREE!)

Mill Street Ashwell Hertfordshire. SG7 5LY

Approximate Ingoing Funds Required £24,000 (Does not include purchase of Fixtures and Fittings) / Rent- £36,500

This destination community village pub attracts custom from the residents of Ashwell and its

surrounding villages. It has been operated to a very high stand by the current operators who have

a passion for delivery a fantastic pub experience for all their loyal and local consumers. There is

also a great opportunity to further utilise the large function room for hosting private parties, supper

clubs and as a meeting room for local groups. This is an ideal opportunity for retailers who have

experience of operating a destination community food business with a reputation for consistently

good quality food. In order to maximise the sites potential, it is of paramount importance that

applicants are community orientated and understand the imports of also sustaining a community

wet led trade.

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This substantial period brick two-storey building is in good condition. The pub boasts a great array

of features including open fires, stone floors, exposed beams, wood panelling and large sash

windows. The single-storey restaurant/function area is housed toward the rear of the property and

overlooks the substantial beer garden. The large Lshaped bar provides service to the lounge/dining

area located at the front of the bar. This area has approximately 40 covers along with some

additional seating around the bar and fireplace. The restaurant area has 60 covers. In addition to

these areas the site boasts a large outdoor trading area. The kitchen facilities are top quality,

servicing both the restaurant and bar areas. Toilet facilities are positioned well between both the

restaurant and bar areas. Three good sized bedrooms, kitchen, bathroom and living room all

positioned on the first floor

COCK INN

16 High Street North Crawley Buckinghamshire. MK16 9LH. A long-term fully insuring and repairing Lease agreement would be considered for a well-funded and experienced applicant

Approximate Ingoing Funds Required £22,000 (Does not include purchase of Fixtures and Fittings) / Rent- £18,000

The Cock is situated between Newport Pagnell and Cranfield and also close to Milton Keynes and easily accessible from junction 14 of the M1. It’s a popular area for walkers and there are a number of established groups in the village including the Women’s Institute and the cricket club. The Pub is situated right in the centre of the High Street of North Crawley.

Page 4: FRED BARRETT & SON AND CO. CURRENT TENANCIES … · The pub benefitted from a refurbishment four years ago and is still in ... The Cock is situated between Newport Pagnell and Cranfield

A chocolate box detached two storey building, well maintained oasis of calm. A hidden garden which is well reviewed with large three-tiered decking area with. There is a public bar, lounge, small function room catering for up to 25 people, ground floor cellar, toilets, and well-equipped kitchen with extra external storage. Throughout the site there are a total of 60 covers. There is a good following and particular selling points are wines and real ales. Well equipped kitchen, external storage and ground floor cellar with barn attached for storage within cellar. Five bedrooms, two lounges, two bathrooms. There are two separate entrances to access the accommodation, both via the kitchen or the pub.

Prospective operators for The Cock Inn should possess excellent food skills, outstanding customer service standards and the ability and motivation to create a consistently great village pub experience for the people of North Crawley and beyond. Marketing know-how would also pave the way for the introduction and promotion of a regular events schedule.

COTTAGE INN

36 Stoneleigh Road Kenilworth Warwickshire. CV8 2GD.

Approximate Ingoing Funds Required £26,500 (Does not include purchase of Fixtures and Fittings) / Rent- £40,000

Located on the approach to the centre of Kenilworth, within easy reach of the town's sizeable population, the Cottage Inn occupies a prominent location and has a good roadside presence. Known locally for its welcoming nature and praised for its menu of freshly cooked hearty pub food, the pub also boasts an impressive selection of beers, wines, spirits and soft drinks to appeal to all tastes.

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The Cottage Inn’s trading area is split into several sections: a large central bar is complemented by a quieter lounge area and garden, again meaning the pub has something to suit all occasions and preferences. This versatility has made it a regional favourite with everyone from young families to senior citizens’ groups, and a consistently strong level of trade established by the previous operator means the Cottage Inn is primed for a fresh injection of ideas and enthusiasm. There are five en-suite letting rooms on the first floor that add another excellent income stream. The domestic accommodation is in good condition and comprises two en-suite bedrooms, living room, bathroom and another room suitable for installing a domestic kitchen. The Cottage Inn would suit an experienced operator with the maturity and empathy to tailor the pub’s offer to the varied customer base that frequents it. Marketing know-how will be essential in promoting all the pub has to offer to its sizeable local customer base, as will strong financial skills to maximise food profits margins from the well-equipped catering kitchen.

CROWN & PIPES

14 High Street Fenstanton Huntingdon. Cambs. PE28 9LQ. Approximate Ingoing Funds Required £tbc / Rent- tbc

More information currently awaited

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DOG & BADGER

Clophill Road Maulden Bedfordshire MK45 2AD Approximate Ingoing Funds Required £18,500 (Does not include purchase of Fixtures and Fittings) / Rent- £12,000 pa. (Two months’ rent free offered!)

The pub sits prominently on the main road which runs through the beautiful village of Maulden Bedfordshire. The village is located 1.5 miles east of Ampthill and about 8 miles south of Bedford. The village is constantly growing and there have been small recent areas of development in and around the village. The property itself consists of a two-storey brick building with gardens to the front and rear, a fenced off courtyard to the back of the car park providing ample storage space. Basement cellar and large, well equipped catering facilities. The trade area is a one bar operation servicing two distinct retail spaces, a 25-cover restaurant and a quaint bar with a further 15 covers and a real open fire place. The large private accommodation is situated on the first floor and consists of a kitchen, bathroom, sitting room, 2 bedrooms and an office. To accompany this there is also a 1 bedroom separate flat with kitchen, lounge and bathroom. Suitable Applicants The Dog & Badger would ideally suit an experienced catering couple with a desire to become central figures in Maulden village life. The figureheads of this popular pub must become renowned for their consistently warm welcome, impeccably high standards, and the skillset and empathy to build and retain a strong team who reflect these values.

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DOLPHIN

134 Main Road Middleton Cheney Oxfordshire. OX17 2PW. Approximate Ingoing Funds Required £24,000 (Does not include purchase of Fixtures and Fittings) / Rent- £20,000

Middleton Cheney is situated off the A422 between Banbury and Brackley, close to junction 11 of M40. The Dolphin occupies a prominent location in the village, at the junction of High Street and Main Road.

With an established level of trade already in place thanks to the previous long-term operator, a catering kitchen and an attractive garden and patio area to the front and side, the pub attracts loyal locals drawn by the warm welcome and enticing range of food and drinks on offer. The domestic accommodation comprises 3 good sized bedrooms, lounge, kitchen, bathroom plus utility and storage rooms.

The Dolphin is a very successful business that has proved economical to run and is therefore very profitable-it boasts only two Licensees in 31-years. The current trade is mostly wet and there is room to develop this further by the introduction of different lagers and ales plus there is an opportunity to introduce a basic food offer to complement the current trade. The Dolphin would suit operators committed to providing great hospitality, with a desire to engage with their local community, enhance the pub’s food offer and build upon its already strong reputation for live sports and community activity. Financial know-how is required to maximise the pub’s profit potential, as is marketing experience in order to promote The Dolphin’s events programme to the wider area

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FOX AND HOUNDS (NEW FIVE-YEAR FIXED TERM SALES SHARE AGREEMENT)

Milton Street Clapham Bedfordshire. MK41 6AP. Approximate Ingoing Funds Required £10,000

The Fox and Hounds holds a prominent location in the north Bedfordshire village of Clapham, which is situated just off the A6 bypass to Rushden. The area comprises of a mixture of residential housing and local businesses. Clapham has a population of over 4,500. This attractive village pub offers great hospitality and currently operates as a two-bar community pub with charming garden and play area. There is limited parking to the side of the property.

Brimming with potential for further development, the Brewery are keen to work with the right operator on a joint investment project that will see the two existing bars combined into a single zoned trading area, an extension to the kitchen, an entirely new toilet block and a revamping of the extensive beer garden to the rear of the pub.

The Flat is very spacious and in good condition, might require some decoration. Large Kitchen, Living Room, an Office/Bedroom plus 3 further bedroom & bathroom, recently redecorated shower and separate toilet.

Experienced operators from other managed or tenanted backgrounds with a commitment to great hospitality would suit the Fox and Hounds nicely. As an established, popular yet manageable venue, a focus on traditional pub catering and the motivation to drive a mid-week sales plan would broaden the pub’s appeal beyond its established clientele.

A 5-year fixed term Sales Sharing agreement is offered with a full tie to buy all drinks (beer, wines, spirits, minerals, stouts and ciders) however all wet stock is supplied and paid for by Wells & Co.

Page 9: FRED BARRETT & SON AND CO. CURRENT TENANCIES … · The pub benefitted from a refurbishment four years ago and is still in ... The Cock is situated between Newport Pagnell and Cranfield

HAND AND SHEARS

Church Hanborough Witney Oxfordshire. OX29 8AB. Approximate Ingoing Funds Required £21,500 (Does not include purchase of Fixtures and Fittings) / Rent- £20,000 pa.

Nestled in the quintessential English village of Church Hanborough, the Hand and Shears

embodies all the cost attraction of a traditional country pub. A short stroll from its neighbouring

villages, the site also benefits from easy access for residents of Oxford, Witney and traffic en route

to Cheltenham. First time visitors and local residents alike love the pub for its delicious

homemade food, and with seating up to 70 covers in its light and airy restaurant, switched on

operators will recognise the site’s serious earning potential. The Cotswold Stone exterior

combines with the enchanting open log fire inside to offer discerning drinkers an irresistible space

in which to enjoy a fine wine or cask ale by the bar. Operators with catering experience, a passion

for great food and strong front of house skills with thrive in this pub. Sufficient marketing know how

to spread the word about all the pub has to offer – in particular its superb restaurant / function room

– will see this already popular site gain repeat visits from customers both local and based further

afield

A two-storey brick building with porch and bay windows at the front. The interior has a bar area

with open fire and comfortable seating and a lower restaurant area with approximately 70 covers.

There is a large catering kitchen with a walk-in fridge and freezer and ample storage. The domestic

accommodation comprises three good sized bedrooms, living room and bathroom all in very good

condition

Page 10: FRED BARRETT & SON AND CO. CURRENT TENANCIES … · The pub benefitted from a refurbishment four years ago and is still in ... The Cock is situated between Newport Pagnell and Cranfield

NORTH WESTERN (NEW FIVE-YEAR FIXED TERM SALES SHARE AGREEMENT)

Stratford Road Wolverton Milton Keynes Buckinghamshire. MK12 5LJ.

Approximate Ingoing Funds Required £11,000

The North Western is a friendly, traditional pub in the heart of Wolverton, Nr. Milton Keynes.

Enjoying a prominent location on the town’s high street, its thoughtful selection of real ales, wines,

spirits and soft drinks is complemented by a strong food offer, with its delicious and great value

breakfasts a particular hit amongst its loyal regulars.

The pub is L-shaped, with a comfortable dining area to the front and a large bar area stretching

down to a small courtyard garden. As the trading area is quite long and narrow, its can clearly be

differentiated into different areas to support pub games, drinking and dining and Tv events; sports

fans regularly visit to watch the big match. Popular amongst local business and residents alike,

the North Western has established itself as a hub and meeting place for the local community.

The North Western would suite a hand-on operated committed to providing great hospitality

and motivated to engage with the local community. The ideal applicant will have the

experience to build upon the pub ’s already strong reputation for regular fun events,

alongside the know-how to develop the food menu on offer.

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OAKLEY ARMS 98-104 High Street Harrold Bedfordshire. MK43 7BH. More details coming soon!

OLD CHERRY TREE Cherry Tree Lane Great Houghton Northamptonshire. NN4 7AT. Approximate Ingoing Funds Required £20,000 (Does not include purchase of Fixtures and Fittings) / Rent- £28,000 pa.

A long-term fully insuring and repairing Lease agreement would be considered for a well-funded and experienced applicant

Page 12: FRED BARRETT & SON AND CO. CURRENT TENANCIES … · The pub benefitted from a refurbishment four years ago and is still in ... The Cock is situated between Newport Pagnell and Cranfield

The Old Cherry Tree is a beautiful 16th century thatched property in superb condition with a reputation for delivering a fantastic dining experience to affluent consumers from Northampton and its surrounding villages. With a great range of cask ales and premium wines it also enjoys considerable custom from the residents of Great Houghton, while its private dining area / function room and ample parking lend it the versatility to cater to business meetings and dinner parties. Its well-kept, enclosed rear garden is the perfect place to enjoy a drink in the warmer months, while the charming open fireplace and wood-burning stoves inside make it the perfect winter hideaway.

There is a traditional bar area, as well as a private Parquet room with 12 covers. There is also a separate dining/function room with 32 covers. There is also the opportunity to capitalise on the developed food offer, and driving the activity at a local level. Underground cellar with well-equipped catering kitchen and ample storage.

Within the private quarters there are two bedrooms, a large lounge, a bathroom and one additional en-suite room which is ideal for staff.

The Old Cherry Tree would ideally suit an experienced food operator with a strong desire to embrace village life and enhance the pub’s strong status at the heart of the local community. High standards and the ability to maintain high levels of customer’s service satisfaction are essential.

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RED LION (TWO MONTHS RENT FREE OFFERED) Bedford Road Wilstead Bedfordshire. MK45 3HN Approximate Ingoing Funds Required £18,000 (Does not include purchase of Fixtures and Fittings) / Rent- £24,000

The Red Lion is located in the heart of Wilstead, an affluent village location just off the A6 Bedford to Luton Road, 5 miles South of Bedford Town centre, and within the borough of Bedford. The Red Lion is a large detached two storey property. The exterior is brick with a tiled roof. The property has two gardens, one for the public and a private area for the operating partner. To the front there is a good-sized car park and a side smoking prevision. The pub has two bars which can be serviced centrally, with one member of staff during quieter periods. The lounge has 22 covers and the games bar boasts a pool table, TV’s and darts. Off street car park for up to 16 cars. The private accommodation is very well appointed. 3 double bedrooms, a lounge, large kitchen and separate bathroom/toilet. All in immaculate condition. The Red Lion would suit an experienced, community-focused operator with the drive to maintain the pub’s current high level of footfall via an extensive weekly activity programme. Strong commercial and financial skills must complement a commitment to providing fantastic hospitality; catering know-how would also be advantageous

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SPREAD EAGLE

147 Wellingborough Road Northampton Northamptonshire. NN1 4DX. Approximate Ingoing Funds Required £24,000 (Does not include purchase of Fixtures and Fittings) / Rent- £21,000

The Spread Eagle is located on The Wellingborough Road, just a mile or so from Northampton town centre. The Wellingborough Road is well known as a great location for a night out with numerous pubs bars and restaurants attracting customers from all over the area. With an established level of trade already in place thanks to the previous long-term operator, a catering kitchen and an enclosed rear patio area, the pub attracts a varied clientele; loyal locals drawn by the range of food and Charles Wells ales on offer are joined by weekend visitors attracted by the pub’s strong local reputation for live entertainment. The Spread Eagle is a very successful business that has proved economical to run and is therefore very profitable. The current trade is mostly wet - there is room to develop this further by the introduction of different lagers and ales plus there is an opportunity to introduce a basic food offer to complement the current trade.

The Spread Eagle would suit operators committed to providing great hospitality, with a desire to engage with their local community, enhance the pub’s food offer and build upon its already strong reputation for live music and entertainment. Marketing know-how to promote this events programme is a must, as is a desire to uphold the high service standards for which the pub has long been renowned.

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WHITE HART

Ampthill Road Maulden Bedfordshire. MK45 2DH. Approximate Ingoing Funds Required £28,000 (Does not include purchase of Fixtures and Fittings) / Rent- £40,000

Spacious, picturesque and welcoming, the White Hart has been welcoming visitors to and residents of the affluent Bedfordshire village of Maulden since the 17th Century. Entrancing all comers with its thatched roof, open fires, cosy interior and spacious front and rear gardens, the pub also enjoys a strong following for its quality food offer and regular events programme. The business has just received a complete internal redecoration along with the private accommodation. Between its interior trading area and well-kept, spacious gardens, the White Hart caters to up to 140 covers. Meanwhile, its strong selection of cask ales and premium wines, complemented by a charming bar, snug and heated deck area, ensure that both diners and drinkers will find the pub to their liking. Easy transport links with nearby towns, villages and the M1 broaden its appeal to the surrounding area, helping to cement the site as one of Bedfordshire’s destination pubs of choice. There is a good-sized cellar and well-equipped commercial catering facility with ample storage. One-bedroom private accommodation with good sized lounge, kitchen and bathroom. Traditional internal features 80 covers and separate bar business potential. This is a fantastic opportunity for a modern food retailer who understands village life and the importance of great customer service and a quality dining experience. We feel there is big potential to build the existing trade by offering party, celebration and occasion booking both internally and externally.

IMPORTANT NOTICE:

Please contact FRED BARRETT AND SON for further information.

Please note that whilst every care has been taken in preparing these details, much of the information

has been obtained from the Landlord (Brewer) or third-party sources. All statements as to fact or

opinion should be checked by the prospective purchaser. Whilst every endeavour has been made to

ensure that the particulars given are correct, their accuracy cannot be guaranteed. These details do

not constitute an Offer, Contract or Warranty. All particulars are subject to your verification and

accuracy cannot be guaranteed. Details are issued on the strict understanding that all negotiations

regarding this property are conducted through FRED BARRETT AND SON who will then deal with

all matters appertaining to the Change.