Run a pub with Wells & Co - Admiral Vernon, Over in Cambs
- Wells & Co. Pub Partners
- Over, Cambridgeshire
- FMT profit potential of £21,000
- Charming traditional pub in the heart of the village of Over
- Warm cosy and inviting interior
- A loyal regular local customer base who appreciate real ale
- Clear potential for a substantial and sustainable pub food offer
- Located 3 miles from the A14 and 15 minutes from the centre of Cambridge
- 4-bed private accommodation
Situated in a prominent position on the High Street in the heart of Over, the pub has great positioning to attract customers from the immediate locality, together with those from further afield. The pub is a traditional community local that provides traditional pub games, with a mixed age group frequenting the one bar operation. There is scope to expand the business through provision of food and to capture more custom from the surrounding business community.
Location: Located in the centre of the affluent village of Over, six miles north west of Cambridge. Over has convenience shops, an excellent primary school and thriving village hall. It offers a good standard of life in a rural community, whilst being close to both Cambridge and Huntingdon. Exit the A14 to Fen Drayton and Swavesey, and then follow signs to Over. The Admiral Vernon is situated on the right hand side, with the car park entrance just before the Pub.
Property: The Admiral Vernon is a two storey traditional brick built building with high ceilings creating a traditional feel. The pub has a U shaped bar with the server facing the front entrance. and a games area where the furniture is movable. Feature fire places and a door to the rear leads the customer to an attractive external patio and garden area and rear car park for up to 8 cars. The private accommodation is spacious and is in good condition, it consists of four bedrooms a kitchen and a bathroom.
Business Potential: This is an ideal opportunity to run a very popular pub, which with a fresh pair of eyes and an increased presence, will see the trade increase. There is a clear opportunity to consolidate the present offer to ensure that the foundations of the business are solid prior to embarking on a targeted marketing campaign. Opportunities to build trade include adding further real ales and expanding the current wine and food offer. There is and opportunity to build both the wet and food trade, by making it a central part of the community and a Hub for Over. We consider the Fair Maintainable Turnover for the Admiral Vernon to be £246,383 pa net of VAT, sustaining a rent of £42,050 per annum on an income spilt of 82% wet and 18% dry. Potential GP% of 49% wet with full tie & 61.5% food and a fair maintainable profit potential of £20,871.
Suitable Applicants: Suitable applicants must have the flair and drive to develop the right offer for the demographics in the local area. Applicants must be committed to providing a fully focussed customer experience and great hospitality. They need to be willing to be involved with the local community. Strong commercial and financial skills are desired to operate this business. Experience working in a village pub with a strong understanding of real ales, wine and a simple food operation would be highly beneficial.
- Additional info: Business Brochure (178kb) (the link will open in a new window)
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