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Old Cherry Tree

Cherry Tree Lane, Great Houghton, Northamptonshire, NN4 7AT
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TWO MONTHS RENT FREE

Facilities

Cask Ale
Beer Garden
External Drinking Area
Catering Kitchen
Function Room
Car Park
Restaurant/Dining
Experienced Operator
  • Cask Ale
  • Beer Garden
  • External Drinking Area
  • Catering Kitchen
  • Function Room
  • Car Park
  • Restaurant/Dining
  • Experienced Operator

Location

Charming old English pub, full of character and traditional atmosphere

Ingoing Cost: £19,750.00
Rent: £28,000.00
Agreement Type: Tenancy
Reference Number: CW - 01 /

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Property Features:

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.

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.

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.

Trading Style:

The pub has great potential for a modern retailer who understands village life and wants to become part of the community. There is also the opportunity to capitalise on the developed food offer, building on the previous excellent standards and driving the activity at a local level.

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.

Private Accommodation:

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

Key Financial Information

Please be aware energy performance certificates are available from the landlord.

Two months rent free, with payment plan available for fixtures and fittings

INGOING COSTS BREAKDOWN

Security Deposit = £7,000
Stock & Glassware = £4,000
Valuers Fee = £800
Training Course Fee = £550
Admin Fee = £400
Advance Rent = £0
Minimum Working Capital = £7,000

TOTAL INGOINGS = £19,750 (excludes F&F)

 

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