French Horn
Church End, Steppingley, Bedford, Bedfordshire, MK45 5AU
A FINE VILLAGE PUB, OFFERING FABULOUS FOOD AND A STRONG REPUTATION.
The French Horn, in the idyllic rural Bedfordshire village of Steppingley is a delightful pub, bristling with charm and character. The pub is food focused and trades at a 60/40 split, with a reputation for destination dining. We are now looking for an experienced food operator who can build upon the current offer and adapt the offer in line with trends and customer demands. The pub is well located on a busy cross road and is close to various tourist destinations such as Woburn. The pub offers a relaxed environment, great service and a warm welcome.
Bar
Garden
Kitchen
Location
Steppingley is a rural village and civil parish in Bedfordshire. It is located close to the nearby towns of Ampthill, Flitwick and Woburn, Bedfordshire. Much of the surrounding land is part of either Beckerings Park, or the Woburn Estate. The Duke of Bedford influence can be seen in the characteristic style of the numerous workers cottages throughout the village. Steppingley is a sought after village to live in, with a strong and active sense of community and schools nearby. The French Horn is located on the north western edge of the village, with residential housing close by, as well as the village green/Cricket pitch/park
Business Information
Annual rent
£36,000
Weekly rent
£692
Entry costs
£13,875
Turnover royalty
n/a
Forecasted Operator Turnover
£574,870
Forecasted Operator Profit (inc machine profit)
£43,248
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£36
Type of Tie
Partial tie: Tied All Beer, All Cider, Minerals & Spirits
Agreement
1 Year Foundation Agreement.
Entry costs approximately £13,875, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is £6,000. Fixtures and Fitting will be rented with weekly payments made.
Deposit
£6,000
Fixtures & Fittings
£0
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£5,000
Other Costs
£1,150
Total Entry Costs
£13,875
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 105 | 723 | 3,949 |
| 2022 | 116 | 101 | 4,131 |
| 2021 | 67 | 93 | 3,185 |
The main entrance opens into a casual lounge bar area set for drinks and more casual dining. A small snug area lies off to the left with access to an outdoor terrace, which borders the local cricket pitch. Moving through the pub there is a more substantial dining area to the right hand side of the main entrance.
Trade Bars
1
Trade Dining Areas
3
Trade Kitchens
1
Trade Food Covers
72
Trade Gardens
1
Trade Patio Areas
0
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
20
Current Premises Licence Opening Hours
Mon-Sat: 11:00-01:30
Sun: 11:00-00:30
The accommodation comprises 2 bedrooms, kitchen, lounge, bathroom and toilet.
Private Rooms
6
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
0
Bedsits
0
I am looking for an experienced food driven operator, who understands the importance of appealing to the locals while also having the ability and drive to create an offering that will pull customers in from further afield. If you'd like to learn more about the French Horn, then please contact the recruitment team for more information.
Daniel Nixon,
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