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Opportunity for Experienced Operator to Thrive in St Neots

1 month ago

Saint Neots, Cambridgeshire, United Kingdom Wells & Co. Pub Partners Full time

The Corner House pub, nestled in the heart of St Neots' bustling Market Square, presents an exciting opportunity for a seasoned operator to seize control and steer the business towards new heights. This desirable location boasts an annual local events calendar, including traditional market days on Wednesday and Saturday, ensuring a consistent influx of customers.

Potential earnings before drawings and machine income total £31,800, with a machine income of £9,500 possible. The spacious ground floor features a refurbished wooden top bar front, small back bar display, main bar servery, catering kitchen, and access to the cellar. Comfortable seating areas, including sofas, tables, chairs, and bar stools at poser height, invite customers to linger.

A small quirky fixed seating area leads out to a charming courtyard space that could be developed into a trading area. Above, the domestic accommodation consists of 1 bedroom, bathroom, lounge, office, and kitchen. With permission from the local authority, there is potential to expand the pavement license, currently accommodating around 20 covers, and enhance the outdoor experience.

The pub was previously established as a late-night and sports venue, offering an opportunity to evolve it into a hybrid operation focusing on casual dining during the day and early evening, then transitioning into a cocktail and late-night hub in the evenings. This concept would enable the exploitation of the target market within St Neots. There is ample scope to develop the food trade, considering the Fair Maintainable Turnover of £334,853 (which excludes food). This venture is well-suited for an experienced operator looking to create and develop the food aspect while hosting entertainment events.