Pub Overview Fantastic opportunity to take over a community focused pub. What would you do with this pub to make it a success ? The area The Fontygary Inn is located in the town Rhoose, close to Barry. It is the heart of the community and also a destination venue in a beautiful location surrounded by countryside and residential housing. Situated on the main road into the village and opposite a busy Caravan park. The Fontygary Inn has a large field attached to the pub that is let out to touring caravans. The pub is only a short 5 minute drive from Cardiff airport and a short 20 minute walk from the train station that runs directly into Cardiff city centre. Demographics The pub benefits from being one of 4 pubs found in an area of around 1550 adults. The pub attracts a great mix of customers from young to mature adults of medium affluence. The offer Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through 30/70 food & drinksoffer. What food & drinks would you look to implement in the pub? The site currently has the ability to drive trade via maximising the use of its function room, selection of pub games, such as pool, and darts and live sports. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits, 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 and have worked with high volumes of food we’d love to hear what experience you can bring. The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and sports 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 Function Room Letting Rooms Car Park Pub Games Private Accommodation Trading Area & Facilities Main trading area with bar Separate dining room/ function room Games Room cc 65 internal covers cc 40 external covers Catering kitchen Large field with caravans to let SmartDispense Large garden area Car park with 45 spaces Private Accommodation Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £48,213 Estimated Minimum Ingoing Costs £15,404 Annual Rent £46,851 Estimated Annual Turnover £726,611 Deposit £11,713 Estimated Fixtures & Fittings Value £25,000 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