White Hart St Ives
Summary
The White Hart is a double-fronted building dating back to the late 1600s and is one of the oldest pubs in St Ives. It is a brick-built property predominantly arranged over two stories, with a single-storey extension to the rear.
Description
The White Hart is a double-fronted building dating back to the late 1600s and is one of the oldest pubs in St Ives. It is a brick-built property predominantly arranged over two stories, with a single-storey extension to the rear. The pub has recently undergone external redecoration, to increase the already excellent kerb appeal.
The property benefits from having two separate bar areas, both being cosy and traditional in style. The lounge bar is catered to by a wooden servery with loose seating permitting circa 35 covers. The snug bar benefits from its separate servery and is often utilised for dining covers or private functions. It can cater to the region of 40 covers, subject to layout. Access to the toilet and basement cellar is gained via the snug area.
The property also benefits from a well-equipped trade kitchen replete with a walk-in chiller and a good-sized preparatory area. The kitchen has also undergone a recent refurbishment to help maximise the food offering available.
The first floor accommodation provides four living bedrooms creating a further revenue stream for the pub.
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Key Features
• Recent external decoration completed.
• Recent kitchen refurbishment carried out.
• Two separate trading areas.
• Fantastic positioning on the main market square of St Ives.
• Charming courtyard area to the rear.
• Potential to develop space for letting rooms.
Business & Financial Information
• Estimated ingoings (upfront): £9,795
• Full deposit: £9,000
• Agreement fee: £795
• Guide rent (weekly): £692
• Guide rent (annual): £36,000
• Forecast turnover (weekly): £536,188
• Forecast turnover (annual): £536,187
Ideal Operator
This is a fantastic opportunity for an experienced publican ideally with knowledge of the local area to take on a beautiful town centre site. There is a fantastic trade kitchen with the opportunity to further drive the food offer. The lovely courtyard garden and the option of a pavement license make the pub a lovely venue to enjoy a drink during the warmer weather.
Private Accommodation
In good decorative order and a flexible number of rooms available depending upon how many are used as letting rooms.
Regional Manager's Thoughts
This is a fantastic opportunity for an experienced publican ideally with knowledge of the local area to take on a beautiful town centre site. There is a fantastic trade kitchen with the opportunity to further drive the food offer. The lovely courtyard garden and the option of a pavement license make the pub a lovely venue to enjoy a drink during the warmer weather.
Surrounding Area
St Ives, with a population circa 16,500 is a historic market town on the banks of the beautiful River Ouse. It is situated approximately five miles east of Huntingdon and 12 miles northwest of the world-famous university city of Cambridge easily accessed via the A14 and the guided busway. The White Hart is located on the busy retail thoroughfare at the heart of the town centre with plenty of passing footfall to the pub.
Upfront cost
£9,795
Cost type:
Upfront
Key facts
Upfront cost
£9,795
Turnover (annual)
£536,187
Rent
£36,000 (annual)
Location
Sheep Market, St. Ives, Cambridgeshire PE27 5AH
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
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