FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Function Room
FindMyPub.com
Car Park
Property details
The Walnut Tree is located in Stowmarket, a market town in Suffolk very close to the A14 trunk route between Bury St Edmunds and Ipswich. Over recent years the area has benefited from an influx of people thanks to new housing and businesses, with a current population of 150,000 and continuing to grow. The pub is situated close to the town and is surrounded by good quality local housing. It is also situated close to small out-of-town retail areas, and a local business park which has Scania located there.
As you enter the pub you encounter a small patio, occasionally used for food trucks, but a great space for benches. Through the main door, you arrive at the main bar counter and an L-shaped trade area with approx. 20 seats and a cosy fireplace. There is also a back room great for groups, events, local clubs, and societies, with a fully functioning bar and double doors out to the exceptionally enclosed courtyard garden with the ladies' and gents’ toilets located in between the two trade spaces. The style of the pub is traditional and cosy with a modern touch.
The private accommodation is in good condition and consists of a lounge, 2 good-sized bedrooms, a kitchen, an office, and a bathroom/toilet.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Team Games
Trading style
The pub has been operating for approximately 5 years as a specialist craft and cask pub….a real destination pub for the avid beer lover. The outside area is amazing, with a modern bare wood finish and colourful furniture making the area a comfortable sun trap for sunny days, which is a huge attraction in the warmer months.
In the future, this pub needs to be the hub of the village community. The new licensee will need to be a people person who can successfully engage with the locals to steal the market share. Sports teams, potentially sports viewing, actively engaging with clubs and societies as well as the ability to bring in a discerning custom base will be key elements that you will need to be focussed on to drive the business forward. You will also need to have a great cask and craft offer, as well as offer more mainstream products for the nearby residents and potential regulars from the immediate town vicinity. There should be strong cask ale credentials and a range of wines and spirits available. A creative back bar food offer could also be crafted to supplement the business.
Key financials
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Reference Number:
IU3WDL / P01716
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£13,000.00
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Annual Rent:
£18,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £18,000
Security Deposit: £5,000
Working Capital: £4,000
Stock: £4,000
F&F: TBC – funding options may be available for the right licensee.