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Three Horseshoes Yaxley

Pubs & Bars • 179 Main Street, Peterborough, Cambridgeshire PE7 3LD Management opportunity
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Summary

The Three Horseshoes occupies a fantastic position on the main road in the splendid village of Yaxley in Cambridgeshire. Having been refurbished within the last 12 months, this outstanding traditional pub is in excellent condition.

Description

The Three Horseshoes occupies a fantastic position on the main road in the splendid village of Yaxley in Cambridgeshire. Having been refurbished within the last 12 months, this outstanding traditional pub is in excellent condition. The main bar is popular for watching televised sports and the second bar adjoins a cosy restaurant. A fully equipped commercial kitchen is capable of producing a full menu, and this is an area of trade the new publican should seek to develop. To the rear of the building is a well-maintained patio and a generous lawned garden with a children’s play area. There is also tarmacked car park and additional pub land which is ideal for hosting events or doubling as overflow parking.  Key Features • Village pub in excellent condition, benefitting from strong local supportRecently renovated to a high standardSubstantial garden includes patio, lawned garden and children’s play areaTwo-bedroom private accommodationDiscounts of up to £100 per barrel but has an average of £80 per barrel Business & Financial Information • Estimated ingoings (upfront): £11,795 • Full deposit: £11,000 • Agreement fee: £795 • Guide rent (weekly): £846 • Guide rent (annual): £44,000 • Forecast turnover (weekly): £492,153 • Forecast turnover (annual): £492,153 Ideal Operator Located within a strong village community it is vital that the right publican has the capability of understanding the locals needs whilst expanding on the offerings through expanding the food menu and providing live events. Private Accommodation The accommodation is in good order throughout and whilst it does not have a dedicated kitchen the bathroom does have an area for washing and making basic food and drinks. Regional Manager's Thoughts The business benefits from a well-established customer base, and there is potential for the new publican to attract more customers by developing the food offer and hosting events. The property has recently been refurbished to a high standard is ready for the ingoing publican to maximise this wonderful opportunity. It is vital that the right publican is able expand on the offerings whilst also keeping the loyal customers at the forefront of their decisions. Surrounding Area The Three Horseshoes is located on the main street in the affluent and highly regarded village of Yaxley. The town of Peterborough is five miles away and the A1 is close by, allowing convenient access to London. The population of Yaxley has expanded over recent years due to its location and its good transport links. With new local homes being built in the area this pub attracts a strong local trade. Due to the local attractions such as Peterborough Speedway Track, Peterborough FC and the English Heritage site of Longthorpe Tower this also generates a large amount of passing trade, creating a strong customer base for the pub.

Upfront cost

£11,795
Cost type: Upfront

Key facts

Upfront cost
£11,795
Turnover (annual)
£492,153
Rent
£44,000 (annual)

Location

179 Main Street, Peterborough, Cambridgeshire PE7 3LD
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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