Packhorse Peterborough

4 Lincoln Road, Northborough, PE6 9BL

  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough
  • Packhorse Peterborough

Packhorse Peterborough

Popular with the whole community

The Pack Horse is Located in the beautiful village of Northborough, only 7 miles from Peterborough. Situated on the main road accessing the village, its demographics attracts mature retired locals and clientele from the neighbouring villages. Near to the "Northborough Manner House" this pub is perfectly positioned for attracting visitors to stop off whilst in the area.

The Pack Horse currently offers a wide portfolio of both premium and standard lagers and ales. The food offer is high quality pub food that can accommodate 90 covers. There is planned refurbishment to add a little sparkle to the bar area at the front of house and upgrades to the kitchen area, making this a fantastic opportunity to develop and enhance the current food and drink offering further. Locals enjoy the variety of events the pub hosts, such as monthly live music sessions and their successful beer and food festivals.

Passionate Food Operator Wanted

We are looking for an experienced operator who has a real flare and passionate for good quality food, who is willing to drive the food offer and continue to attract locals and visitors from nearby villages.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Refurbishment Planned
  • Outdoor Trade
  • Private Accommodation

Trading Area & Facilities

Internally the Pack Horse is a charming pub split into two areas accommodating clientele who wish to enjoy a drink or dine out.
The main bar is traditional, located in the middle of the pub with 3 service points. The planned upgrade will complement the original features of the main area, and create great potential to grow the food offer. The restaurant area boasts of high ceilings and wooden beams. The original built in fire place is one of the key features creating an inviting atmosphere especially in the winter months.

To the rear of the restaurant is a larger separate area which can be used for small events.

The Packhorse is a traditional stone built exterior with a good size car park with approximately 15 spaces.
The garden has a sizable seating area at the front of the pub, which is fenced off from the main road with access from the main bar.

Private Accommodation

The private accommodation at the "Pack Horse" consists of two bedrooms, lounge, kitchen, bathroom. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business

Premises Licence Details

Please refer to Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 00:30

Financials

Annual Rent £
38,750
Estimated Annual FMOP (Licensee Profit) £
38,531
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
492,516
Estimated Annual Barrelage
190

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
22,100
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,000
Deposit Amount £
9,688
Rent In Advance £
745
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
42,718
Estimated Minimum Ingoing Costs £
16,643

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
0
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased