Pub Overview
Pub Overview Stanning pub with a waterfront view.
What would you do with this pub to make it even more of a success?
The area
The Anchor Hotel is located in the small coastal town of Kippford, close to the waterfront. The pub is surrounded by rural housing.
Demographics
The pub benefits from being one of two pubs found in an area of around 250 adults. The majority of the customer base is made up of medium-high affluent adults.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong 60/40 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via utilising the three function rooms, live sports, and selection of pub games, such as pool and darts. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and coffees.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...
Features
* Foundation Tenancy
* Catering Kitchen
* Outdoor Trade
* Private Accommodation
* Letting Rooms
* Function Room
Trading Area & Facilities
* Main trading area with bar
* Separate dining room
* 80 internal covers
* 40 external covers
* Large kitchen
* Three function rooms
* Six letting rooms
* Large garden
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom
Pub Financials
Pub Financials
Estimated Total Ingoing Costs
£50,880
Estimated Minimum Ingoing Costs
£14,583
Annual Rent
£37,000
Estimated Annual Turnover
£606,873
Deposit
£9,250
Estimated Fixtures & Fittings Value
£30,130
Estimated Stock Valuation
£8,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month’s rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month’s rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month’s rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Downloads
* Demographics Report Download arrow
* Energy Performance Certificate Download arrow
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