The pub is one of seven pubs found in an area of around 6,192 adults. The customer base is made up of mostly mid-life and older clientele of medium affluence. Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.
* Understanding of the local community
* You know what it takes to build a successful business
* You love hospitality and are great with 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
* Live Sports
* Pub Games
* Private Accommodation
Trading Area & Facilities
* Main trading area with bar
* 25 internal covers
Private Accommodation: Private accommodation consists of two bedrooms, bathroom, kitchen, and lounge.
Pub Financials
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs range from £9,000 to £19,670.
* Annual Estimated Turnover: £175,890
* Annual Rent: £18,001
* Deposit build up from 1 month rent: £4,500
* Estimated Fixtures & Fittings Value (rented): £7,670
* Stock Valuation: £4,000
* Working Capital Required: £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 licence fee, F&F valuation fee, and till floats. Additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense 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.
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