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Crown & Anchor, St Germans

Kings Lynn, PE34 3EY

Your investment

£8,000

Agreement Type

Tenancy

Location, location, location – The Crown & Anchor is set in the picturesque village of Wiggenhall St Germans on the banks of the Great Ouse River.  Located just a few miles outside the bustling market town of Kings Lynn with a population of 43,000 potential customers.  This popular pub presents a huge opportunity for the right publican to take it to the next level.  

Location, location, location – The Crown and Anchor is set in the picturesque village of Wiggenhall St Germans on the banks of the Great Ouse River. Located just a few miles outside the bustling market town of Kings Lynn with a population of 43,000 potential customers. This popular pub presents a huge opportunity for the right publican to take it to the next level.

Pub Layout

Internally the pub has a central bar, two retail areas either side with the restaurant set to the back of the property. With charm and character everywhere you turn, who would not enjoy a cask ale or glass of wine in front of the log burner in this beautiful setting? Externally, the river is on your doorstep with a public footpath running alongside. In the warmer months, the river is incredibly popular with walkers and the pub hugely benefits from this trade. The car park can house up to twelve cars with on-street parking also available. There are a covered patio area and picnic benches along the river bank for your customers to enjoy.

Trading primarily as a village local and destination food pub the sales are currently hitting very close to the 50/50 drink and food sales ratio sweet spot. Overall internally there are currently 66 covers, the cosy drinker’s bar has seating for 22 while the slightly more food focussed main bar of the pub can currently seat around 20 with dining room seating the remaining 24. The pub would benefit from hosting regular events including quiz nights and entertainment evenings. Externally there is currently seating for 30 between the covered patio and riverbank but this can be easily increased to deal with demand from a growing business. This site requires an experienced operator with an eye for detail and a good knowledge of delivering a strong food offer and serving both traditional and modern The key here will be the ability to understand the elements in delivering a quality overall experience through service and standards and offering a warm welcome to all customers. Marketing skills and experience of driving footfall will also be crucial to the ongoing success of the pub.

Private Accommodation

The private accommodation is in good order and benefits from three bedrooms.

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £2,000

Stock: £1,000

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: £325 plus VAT

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

This site requires an experienced operator with an eye for detail and a good knowledge of delivering a strong food offer and serving both traditional and modern The key here will be the ability to understand the elements in delivering a quality overall experience through service and standards and offering a warm welcome to all customers. Marketing skills and experience of driving footfall will also be crucial to the ongoing success of the pub.

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.

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 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £30.10 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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