If you are looking to lease a pub in Bedford, you could run ‘The Bear!’
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Lease A Pub In Bedford – Run The Bear !
The Bear is located just outside of Bedford town centre, on the main High Street. Bedford has strong transport links to London, with a nearby train station that takes you into London St Pancras International. Nearby is a college, supermarket, and lots of other essential amenities. Like any town centre pub, the demographic for this site has a diverse range of people, ranging from young to old, and people of all ethnicities.
Pub Layout
The pub consists of two trading rooms, one long area, and a snug to the left. There is a small garden to the rear of the pub, with seating for approximately 25 people. There is a good size catering kitchen upstairs with a dumb waiter to easily serve food.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Bear, Bedford
The pub trades as a traditional British pub, with darts and pool teams, gaming machines, live music and cask ale. There is scope to expand the trade using the outside area, and to introduce food as the pub previously ran predominately as a wet-led pub. We are happy to look at more unique food options rather than traditional pub grub, like Italian cuisine etc.
Private Accommodation
The private accommodation consists of three bedrooms, a lounge area, bathroom, and a domestic kitchen.
The Bear, Bedford
Annual Rent: £TBC
Security Deposit: £5,000
Working Capital: £5,000
Stock: £5,000
F&F: TBC (Funding options may be available)
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed)
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
Ingoing Cost: 15000
Annual Cost: 0
The Bear, Bedford
I am looking for this site to be the best cask and craft ale pub in Bedford whilst keeping to the traditional pub style the pub currently offers. The new licensee will have strong knowledge of cask ale, and needs to have experience running a town centre pub previously.
