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Carlton Arms South Arbury

Pubs & Bars • Carlton Way, Cambridge, Cambridgeshire CB4 2BY Management opportunity
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Summary

The Carlton Arms is a community pub in the suburbs of Cambridge. It is a two-sided 1960s building with a large car park to the front and an expansive beer garden.

Description

The Carlton Arms is a community pub in the suburbs of Cambridge. It is a two-sided 1960s building with a large car park to the front and an expansive beer garden. The pub has had recent external decorations and signage completed, which gives it fantastic kerb appeal and attracts new potential customers. The trading area is one large L-shaped room with a step-down into the games area, which has pool tables and traditional pub games.  With neutral décor and varnished wood furniture, the bar is mainly used for drinking, public events, and entertainment, and can be booked as a private function room for up to 150 people. The lounge bar has soft furnishings and is used as a dining area, which can hold up to 50 covers. Situated between the two bars is a well-equipped trade kitchen with a separate wash-up area. If private accommodation is not required, the pub has the potential to have four letting rooms, which would provide an additional income stream. All rooms have been refurbished and are located on the first floor with private access and shared bathroom and kitchen facilities. Externally, the pub has a good-sized beer garden decorated with hanging lights, climbing plants, trees, and flowers.  There are 12 picnic benches with umbrellas and a small children’s play area to the rear, perfect for additional trade during the warmer months. Key Features • Ideally positioned community pub • Trade kitchen perfect for developing a food offer • Beer garden with additional covers and children's play area • Four-bedroom private accommodation, perfect for a family • Discounts of up to £110 per barrel  Business & Financial Information • Estimated ingoings (upfront): £10,045 • Full deposit: £9,250 • Agreement fee: £795 • Guide rent (weekly): £712 • Guide rent (annual): £37,000 • Forecast turnover (weekly): £558,923 • Forecast turnover (annual): £558,923 Ideal Operator Stonegate Pub Partners is seeking an experienced publican or a new starter to take on this fantastic opportunity. Private Accommodation Above the pub itself are 4 bedrooms, a kitchen and washing area. The whole property has been extensively refurbished and redecorated in the last two years and has an open and well-lit feel. The private accommodation is the same as the letting accommodation, so if used privately the rooms could not also be let. There are four rooms of varying sizes (small to relatively large), a toilet/bathroom and a kitchen with white goods. They have all been refurbished and redecorated in the last two years. Regional Manager's Thoughts The Carlton occupies a fantastic location on a main thoroughfare and is surrounded by residential properties. It is in great decorative order and already boasts a steady and reliable trade which can only be enhanced by the addition of a new Publican with new ideas, who would look to develop the food offering. The pub has two pool tables, and the formation of a competitive pool team would complement the skittles team and be of more interest to younger drinkers. There is also the potential to attract more of the elderly clientele with bingo nights and lunchtime meal deals. Surrounding Area The Carlton Arms is situated on the edge of Arbury, an up-and-coming area of Cambridge. The pub is front-facing onto a major road into the estate and next to a small row of shops. The nearby houses tend to accommodate late-twenties graduates and young families who work on a nearby Science Park. The pub is a two-minute drive from the Cambridge ring road, less than two miles from the A14, and less than three miles from the M11.

Upfront cost

£10,045
Cost type: Upfront

Key facts

Upfront cost
£10,045
Turnover (annual)
£558,923
Rent
£37,000 (annual)

Location

Carlton Way, Cambridge, Cambridgeshire CB4 2BY
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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