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Beer Garden
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External Drinking Area
FindMyPub.com
Car Park
FindMyPub.com
Restaurant/Dining
Property details
Risby is a small quaint Suffolk village near the A14 trunk route, just 2 miles west of Bury St Edmunds and 5 miles east of Newmarket. There are local bus services to both towns and an abundance of properties in a traditional village with 300 houses, 900 residents, and an active parish council. There are other small villages close by, with nearly 20,000 people within a 10 minute drive time. The village also has a church, a village hall, and a cafe. The pub is set right in the middle of the village and is the only licensed premises available. The average house price for a typical 3 bedroom, semi-detached, is circa £500k – making it a relatively affluent area due to its access to major local hubs, trunk routes, and surrounding areas. The pub is becoming available due to the retirement of the current licensees after over 21 years at the helm.
The pub is originally from the 18th century and has been extended in several places over the years to create different trading zones. There are two distinct trade areas – the front is nearest the main road and the rear is closest to the large car park. The front entrance door is set back from the main road at the side of the pub off the driveway, and upon entry, leads you into a vestibule area where you have access to the toilets, the main dining area on the right, or the slightly more ‘bar’ area on the left. There is a bar servery in both areas and a very well-equipped kitchen accessed from behind the bar.
There is a large car parking area at the rear of the pub for approximately 16 cars.
The private accommodation consists of three well-sized bedrooms a lounge and a bathroom. Use of the catering kitchen downstairs would be required for private use.
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Cask Ale
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Catering Kitchen
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Team Games
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Pool Area
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Live Entertainment
Trading style
This pub is both the hub of the village community and has a strong dining offer to attract custom from outside of the immediate village vicinity. Food is a must and traditional hospitality is key to success here. There are strong cask ale credentials and well-ranged wines and spirits available which, when accompanied by hero dishes for key trading periods such as Sunday lunch, can prove vital to business. The outside area is a real asset and is a huge attraction in the warmer months.
The Crown & Castle is not for the novice or faint-hearted, as growing this business will be the key in the first period of tenure. There is huge potential here, but a well-qualified and funded individual or couple is required. The landlords would also consider the possibility of a well-established multiple operator.
The successful applicant will be able to run an accomplished village pub, serving the community, supporting local events, and understanding the village's needs.
Depending on the successful applicant, there is the possibility for an enhancing CAPEX scheme, and details will be shared if available in interviews. Any development spend will be assessed and developed during the early stages of the successful applicant's tenure.
Key financials
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Reference Number:
IU3WDL / P03610
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,000.00
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Annual Rent:
£20,500.00
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: £20,500
Security Deposit: £5,000
Working Capital: £2,000
Stock: £4,000
F&F: TBC – funding options may be available for the right licensee.