Pub Overview Attractive New Deal - Discounted rent in your first year of only £18,838.50 per annum exclusive. The Bull & Butcher is located on a busy main road, a short distance from the high street. Only ten minutes from central Milton Keynes there is an array of customers who could be attracted to the pub. The road the pub is situated on is surrounded by shops, food and retail outlets as well as benefitting from a densely populated neighbourhood. Being one of eight pubs found in an area of around 3,430 adult, the main customer base is made up of young families, middle aged adults, as well as a more mature, elderly population who would be a perfect daytime, mid week clientele. Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food & drinks offer. What would you look to implement in the pub? The site currently has the ability to drive trade via selection of pub games, such as pool, live entertainment and live sports. It offers menu of pub classics, popular beers, ciders, wines and spirits. We’re always open to new ideas, what would you do to drive trade? The right operator for the pub will have history in a similar hospitality business. They will have a clear vision for their 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 Live Sports Pub Games Private Accommodation New Deal Trading Area & Facilities Two bar operation Catering kitchen HEINEKEN SmartDispense Large rear garden Private Accommodation Private accommodation consists of two bedrooms, kitchen and bathroom. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £26,780 Estimated Minimum Ingoing Costs £10,593 Annual Rent £25,118 Estimated Annual Turnover £416,921 Deposit £6,734 Estimated Fixtures & Fittings Value £12,000 Estimated Stock Valuation £5,000 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