Are you looking to lease a pub in the Monmouth area? Why not run The Robin Hood Inn as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Robin Hood Inn 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 Monmouth – The Robin Hood Inn Is Now Available !
The Robin Hood sits on the main shopping high street in the historical border town of Monmouth. The pub is 500 years old and is full of character, comprising a central bar servery, a rear patio beer garden and a barn restaurant. The pub boasts potential and has everything needed to make it a success. The fully equipped trade kitchen can produce and support a quality home cooked food offer that customers have previously come to enjoy at the pub. We are seeking an experienced publican or couple with the skills and knowledge required to drive this pub business forward.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Lease A Pub In Monmouth – The Robin Hood Inn Is Now Available !
Robin Hood Inn Monmouth
Indoor trading area
The Robin Hood is over 500 years old which is reflected within the three trading areas, all of which add a cosy but medieval feel to the pub. Each area seats around 20 covers with the main bar being the initial point of contact. With a low hanging roof built from large wooden beams and stone walling, it certainly feels like you have stepped back in time here. The central bar serves two seating areas that run adjacent to one another, both full of traditional fixtures and fittings that you’d expect from a pub of its age. One is designed with dining in mind and the other set up for a more social drinking zone. To the rear of the pub is a small barn used for extra dining or as a function room that can be used for entertainment. The space can hold an additional 20 to 24 dining covers if needed. The trade kitchen is fully equipped to deliver a traditional pub menu.
Outdoor trading area
A patio beer garden can be found at the back of the pub and comes prepared with 10 picnic tables able to seat 40 covers. For families, a play area has been erected to keep the children entertained whilst their parents relax in the sun. The small car park is equipped to hold no more than three to four vehicles.
Your living accommodation
The private accommodation comprises two bedrooms, a large lounge, kitchen and bathroom.
Lease A Pub In Monmouth – The Robin Hood Inn Is Now Available !
Potential Turnover
£415,000.00 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: £32,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND J
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
£14,000.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £32,000.00), 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
£15,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£28,500
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search
Lease A Pub In Monmouth – The Robin Hood Inn Is Now Available !
Regional Manager’s thoughts on the Robin Hood Inn
The Robin Hood is an old-fashioned town tavern which has previously been well known for its home cooked traditional pub food and offering a great place to relax and meet friends. With approximately 11,000 residents in Monmouth, The Robin Hood offers a fantastic opportunity for a publican looking to run a traditional pub in a bustling market town. I am looking for an experienced publican who can offer great products and customer service to local and tourist trade.
Jess, Regional Manager
