A well known Stotfold pub is up for sale.

The Fox and Duck has been put on the market with details available on RightBiz.

Here is some of the information about the much-loved, popular pub in Stotfold taken from the RightBiz site.

If you are a potential buyer interested in learning more, please contact RightBiz.

INTRODUCTION

Fox and Duck has been operating since 1858 with the client in ownership since 2017. The pub is very much at the heart of the local community.

The client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook and Trip Advisor. Fox and Duck has a comprehensive website in place and good social media following. 

RightBiz say that with such an impressive trading history, the business is very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position.

The business offers a good range of food and drink, including burgers, tapas, sharing platters, locally sourced gins and runs as well as beers and alcohol free drinks.

The client has also installed a new private hire marquee to the rear of the property – this benefits from superb views and complete exclusivity.

LOCATION

Fox and Duck occupies a main road trading position within a rural area of Bedfordshire. The area is densely populated with multiple housing estates nearby as well as two large schools. There is also a new housing development of 161 just completed near by with another for 181 passed to take place on the field just next to the business.

There are also a number of local amenities nearby including the ever-growing Stotfold Football Club and Pendleton Sports Centre. The area is well linked by the A1(M) with very strong public transport links with Arlesey train stations just ten minutes away and parking is available immediately outside the property. Hitchin is seven miles away.

REASON FOR SALE

RightBiz say that the business is ideally suited to a hands-on owner-operator but due to their client's other business interests being higher than anticipated, the business is offered for sale.

RightBiz say this presents an excellent opportunity for a new owner-operator or team to take the business to the next level. 

LEASE

The current lease is a ten year lease which began in 2014 at a cost of £962 per week. 

STAFF

The business operates with their client in full time employment supported by one full time manager along with ten part time kitchen and front of house staff. 

FINANCIAL DETAILS 

RightBiz say that the Fox and Duck has traded solidly since opening and their client has established a strong repeat customer base. Accounts for year ending March 2021 show annual turnover of £130,386 and gross profit of £70,324. Full financial information is available upon request. 

SUMMARY 

This long established business occupies an enviable trading position in a sought after area of Stotfold.

RightBiz say their client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new event hosting, additional private hire services and a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

BUSINESS RATES 

The business has a rateable value of £13,800. Purchasers should enquire with relevant local authorities to confirm the rates payable. 

The first floor comprises of five double bedrooms, each with bathroom facilities and a shared kitchen. These five rooms are currently let with an income of £30,000 per annum. The accommodation is all HMO approved by the council and could even be used as an AirBnB. 

There is ample ground surrounding the business which are ideal for events such as, firework displays, car shows, music events and much more. The 'Lazy Sunday' festival takes place on these grounds and attracts around 5,000 people.