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Slide In accordance with our rent policy ENGLAND
SCOTLAND WALES ADMIRAL COVID RENT POLICY (last updated January 21st) LOCKDOWN ASSISTANCE RENT DISCOUNTS AVAILABLE OF UP TO 40%
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YOUR INVESTMENT

£14,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

Cask AleKitchenCar ParkBeer Garden
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Chequers

Pampisford, CB22 3ER

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OR CALL 01244 321 171 FOR MORE DETAILS

The Chequers is an attractive village pub located in the Cambridgeshire village of Pampisford. The pub is very traditional in style and is open plan with a single bar with a small but excellent garden area. The pub has been thoroughly looked after by the current licensees and as such it attracts a variety of customers through its doors, historically the pub has been a destination pub for walkers as well as guests from the area including in and around Cambridge itself. The pub dates back to the 16th Century and is the only pub in the village. Pampisford is a small affluent village situated seven miles south of Cambridge and close to the Imperial War Museum at Duxford. It is located just off the A505 which joins the M11 about one and a half miles west of the village.

Pub Layout

On entering the Chequers through the rear entrance, which is located off the car park, you enter into the traditional bar area with low ceilings, oak beams and lots of character. The bar servery is on the right as you enter and the pub is fairly open plan in layout. The seating is mainly loose oak tables and chairs of a traditional style. As you go through the pub there is another entrance opposite the bar which leads out to the road in front of the pub. Continuing on with the bar on your right there is a cosy snug at the back with fixed seating and a larger table. The trade kitchen is positioned behind the bar. There are approximately 40 dining covers throughout. The pubs toilets are located at the car park entrance to the property. The car park has spaces for about six cars with alternative road parking in the surrounding village. Chequers has a well-kept beer garden at the rear of the pub and it has a paved patio that leads out onto the grass.

The Chequers is run as a traditional pub with great food, cask ales and a good established trade. The food offer is quality traditional pub fayre but due to the nature of the establishment it is also a destination food site with more of a restaurant offer. Food is competitively priced and of good quality, there is a Sunday carvery in place which requires booking due to demand. The split is about 60% in favour of wet and 40% food. There are four cask ale pumps in place with two staples and two rotating guests. The pub is child friendly and is boosted with a friendly atmosphere from both the current licensee and the locals.

Private Accommodation

The domestic accommodation consists of two bedrooms, living room and bathroom, which is in good condition.

Annual Rent: £30,500

Security Deposit: £5,000

Working Capital: £6,000

Stock: £3,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:        All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

The Chequers is ideal for an experienced licensee who wants to develop a more premium food led business yet be able to serve locals in a quality pub environment and benefit from a solid wet trade. They should be able to maximise the business fully such as having Duxford nearby and further daytime opportunities .

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for   weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.

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