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King William lV

High Street, Kempston, Bedfordshire, MK42 7AL
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UNDER OFFER

Facilities

Beer Garden
External Drinking Area
Catering Kitchen
Car Park
Restaurant/Dining
  • Beer Garden
  • External Drinking Area
  • Catering Kitchen
  • Car Park
  • Restaurant/Dining

Location

Prominent property with a strong curbside appeal on the outskirts of Kempston

Ingoing Cost: £9,250.00
Rent: £37,000.00
Agreement Type: Tenancy
Reference Number: NAJ43W /

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

Property Features:

Grade II listed in 1962, King William IV dates back to the 1600s, making it one of the oldest buildings in Kempston. Something of a local institution, attracting a loyal local crowd from Kempston as well as regular visitors from nearby Bedford and Milton Keynes. With a reputation built upon wholesome, traceable and sustainable quality pub food, King William IV is renowned for its warm welcome and enticing environment, not to mention its versatility. Flagstone floors and a feature fireplace give it all the charm you’d expect of a delightful country pub, yet its space-efficient interior layout makes it a preferred venue for everything from coffee mornings to business meetings, and not forgetting its legendary Sunday night quiz.

The trading area is divided into four clear zones being the lounge bar, restaurant, dining area and snug. There is a well-equipped catering kitchen with stainless steel appliances and work surfaces. The kitchen also benefits from a walk-in freezer. There is a ground floor cellar with cooling and racking.

The Garden to the rear of the property is secluded and mainly laid to lawn and offing seating for approx. 50 customers. Furniture to the front of the property consists of four benches, and to the side, there is space for a further 40 seats.

Trading Style:

The pub has great potential for a modern retailer with a good understanding of the local area. There is an opportunity to grow food sales by enhancing the menu and driving activity at a local level. The landlords feel the business has the potential to trade at £14,000 gross sales per week on a sales split of 56% wet and 44% food, thus sustaining a fair and maintainable rent of £50,000 however given current business performance they are prepared to concede initial rent to £37,000 per annum.

Private Accommodation:

The accommodation is situated on the first floor and benefits from 2 double bedrooms, two single Bedroom, Bathroom, lounge and a fitted kitchen.

Key Financial Information

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

Ingoing figures are reflective of the initial security deposit required; further funding may be required upon application. 

 

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