Beer Garden
External Drinking Area
Car Park
Property details
The Sugar Loaf is a two storey, corner plot building located in the heart of a growing village on the main High Street through road. Close by is the busy A507 that links the M1 with the A1 via several towns and villages. The closest is Shefford with shops, bars, restaurants, a Morrisons Superstore, schools, and is a heavily densified, growing residential area. The village has doubled in size over the last few years with several new private estates, with more planned. Apart from a small convenience store, a baker's, and a village social club, the pub is the only other facility in the village. The pub has been with the same tenant for approx. 5+ years, who has decided to move on to pastures new, but has rebuilt the trade & invested in the property.
Internally the pub is open plan but with two separate trading areas. Both have entrances from the outside. Although food is served in both areas, one of the areas is more dedicated to the food offered and more formal. The other is more wet led with higher tables and bar stools. The bar is accessible from both areas and is a good size. Behind the bar is access to the recently refurbished and upgraded kitchen. Good quality and recently refurbished toilets service both trading areas.
Externally, there is a small parking area for circa 10 vehicles. Part of the car park has been taken to add room for further external drinking and eating. A stretch tent has been installed in this area and fitted with good-quality fixtures and fitting, including heating and lighting for year-round use. Adjacent to this is a permanently covered area with further seating, heating, and lighting.
The private accommodation is all on the first floor and includes, a lounge, bathroom, and three bedrooms.
Cask Ale
Catering Kitchen
Team Games
Pool Area
Live Entertainment
Live Sports
Partial Tie
Trading style
At present, the Sugar Loaf has a good premium drinks offer including a range of wines and premium spirits, and is supported by a traditional pub food menu. The current split is approximately 70/30. However as the village has grown, so too has the custom in recent years. Occasional weekend entertainment and themed nights have been well supported previously.
A planned refurbishment of both the inside and external of the pub will give the right applicant a great chance to embed themselves in the community and build a thriving sustainable business. With the pub looking great and the enthusiasm of new licensees driving sales within the community, the landlords can only see success for this ever-growing village.
The Sugar Loaf could suit either an experienced community-focused couple with good catering skills or someone new to the trade, willing to get involved in the village and build on local events, charity support, and community involvement. Good business acumen and recognising a great opportunity to build a successful business could also suit a first-timer in this particular trade.
Key financials
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Reference Number:
IU3WDL / P03831
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£13,000.00
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Annual Rent:
£33,500.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £33,500
Security Deposit: £5,000
Working Capital: £5,000
Stock: £3,000
F&F: TBC – funding options may be available for the right licensee.