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Old Market Inn Kettering

Old Market Inn Kettering

17, Market Place, Kettering, NN16 0AJ Pub Code: 2302891101

Pub Code: 2302891101

Foundation Tenancy

Est Min Ingoing Costs: £47,710

Annual Rent: £44,838

The area:

The Old Market Inn located in the town of Kettering located in Northamptonshire. The pub is surrounded by lots of cafés, bars, restaurants and shops. Its 45 miles west of Cambridge and 28 miles southeast of Leicester.

The Demographics:

The pub benefits from being one of 18 pubs found in an area of around 4,853 adults. The main customer base is made up of young adults living in medium to high affluence.

The Offer:

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their, food & drinks menu and letting rooms and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

  • Foundation Tenancy

  • Catering Kitchen

  • Letting Rooms

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

  • One bar operation
  • Dining areas throughout
  • 60 internal covers
  • 30 external covers
  • Catering kitchen
  • Courtyard Garden
  • Five en-suite letting rooms

Private Accommodation

Private accommodation consists of a one bed flat, with lounge, bathroom and kitchen.

Pub Financials Icon

Estimated Total Ingoing Costs

£47,710


Estimated Minimum Ingoing Costs

£47,710

Annual Rent
£44,838
Estimated Annual Turnover
£522,664
Deposit
£11,210
Estimated Fixtures & Fittings Value
£25,000
Estimated Stock Valuation
£8,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Location:

17, Market Place, Kettering, NN16 0AJ

Google map location image of Old Market Inn Kettering
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