Are you looking to lease a pub in Milton Keynes ? Why not run The Duke Of Wellington Stony Stratford as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Duke Of Wellington is Now Available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Lease A Pub In Milton Keynes – Run The Duke Of Wellington Stony Stratford !
Indoor trading area
The Duke of Wellington is well decorated in a modern style featuring exposed brick, stylish wall coverings and tiled floors. Two separate trading areas are serviced by a large wooden bar. The main bar boasts plenty of seating across tables and chairs as well as a gaming area which houses a pool table. The lounge provides a further 20 covers and offers the perfect place for eating, drinking or relaxing with friends over coffee. Karaoke, acoustic nights and small live music acts are perfect for this site and a small kitchen provides an opportunity to introduce a simple bar snack menu.
Outdoor trading area
The pubs features a covered smoking solution and a patio area with space for 20 covers.
Your living accommodation
The large living space comprises three double bedrooms, a large lounge, small kitchen and bathroom.
Surrounding area
Stony Stratford is a constituent town on Milton Keynes, in north Buckinghamshire. This bustling market town is located in the north-western corner of Milton Keynes, bordering on Northamptonshire right next to the A5 and Great River Ouse. The Duke of Wellington is situated on a main road running through Stony Stratford and within five miles of Milton Keynes Railway Station.
Local competition
- Bull Hotel,High Street, Milton Keynes, MK11 1AQ (0.2 mi)
- Plough,London Road, Milton Keynes, MK11 1JA (0.2 mi)
- Camerons Brasserie,High Street, Milton Keynes, MK11 1AQ (0.2 mi)
- Calverton Lodge,Horsefair Green, Milton Keynes, MK11 1JP (0.3 mi)
- Wolverton House,Stratford Road, Milton Keynes, MK12 5NZ (0.4 mi)
Lease A Pub In Milton Keynes – Run The Duke Of Wellington Stony Stratford !
Potential Turnover
£221,000.00 per annum
This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Partnership Terms
Guide Rent: £13,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND M
The proposed agreement: Retail Partnership Tenancy
(Key terms available online here) however we are prepared to discuss other Partnership agreements.
We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital start-up
£7,250.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £13,000.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.
Estimated fixtures & fitting value
£12,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£11,150
The Duke of Wellington is a great community pub and would be suitable for both experienced publicans and newcomers to the industry who wish to take on a local business and further enhance the current trading style by introducing a simple food offer.
Paul, Regional Manager
