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External Drinking Area
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No Private Accomodation
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Car Park
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Wi-Fi
Property details
The Horseshoes Pub, known locally as the Shoes, occupies a prominent site off High Street in central Newmarket, home of horse racing in the UK. The nearest towns are Cambridge and Bury St Edmunds, which are both only a 20-minute drive away.
The pub has a main bar as you enter with trading areas to the right and left and a rear bar area that has previously been used for pool and darts and as a separate function room. The landlords are looking at doing an internal re-decoration and investment in new furniture.
The pub has traded to the local community and the racing fraternity and was previously driven by Sports and Live music.
The private accommodation available at this pub consists of 3 bedrooms, kitchen and lounge.
FindMyPub.com
Team Games
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Pool Area
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Live Sports
FindMyPub.com
Experienced Operator
Trading style
Are you an experienced Publican, or a sports enthusiast looking for a local community pub to run? If so, the Shoes pub is ideal for you.
The pub is close to the racing community and used by many of the staff and management in the area.
The landlords are seeking an experienced pub operator with good local knowledge and an interest in sports and music. You’ll be an excellent host and creative when thinking of new ways to drive footfall to your pub.
Key financials
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Reference Number:
9MTS0A / 200327
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£9,125.00
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Annual Rent:
£35,500.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Financial Information:
- Deposit = £8,750
- Legal Fees = £375
- Maintenance Fund Per Week = £40
- Fixtures and Fittings Weekly Rent = £121
- Working Capital = £4,000 - £6,000
Business Information:
- Annual Rent = £35,500
- Forecasted Annual Wet Turnover = £403,548
- Forecasted Annual Other Turnover = £2,600
- Agreement = Flexible Tenancy