If you are looking for pub tenancies in Ilfracombe, you could run The Prince of Wales !
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Pub Tenancies In Ilfracombe – Run The Prince Of Wales !
The internal areas are small and compact providing an old-world charm and lots of little corners to sit in. Due to low ceilings and the size of the internal areas, it is easy to create a lovely warm and welcoming atmosphere. The bar has two different trading areas one being the dining /lounge area and the other the sports bar, both can accommodate around 50 customers in total. During the holiday season, live music has previously been offered and proven to be very popular.
The pub has a lovely beer garden at the rear which can seat around 20 customers. There is also a seating area at the front of the building for 10 customers. The Prince of Wales does not have a car park however there are plenty of pay and display car parks nearby.
Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK’s largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed.
Private Accomodation
The private accommodation comprises two bedrooms, a lounge, a kitchen, and a bathroom.
Forecast Turnover: £268,075.81
Year 1 Rent: £0.00
Guide Rent: £23,000.00
Initial Deposit: £0.00
Full Deposit: £5,750.00
Full Tie Release: £35,500.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £10,000.00
Working Capital: £15,000.00
Stock & Glassware: £3,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £252,676.75
Forecast Dry Turnover: £15,399.05
Forecast Other Turnover: £0.00
This is a fantastic opportunity for either an experienced tenant or indeed a first-time publican wanting to come into the business. The right candidate must have a strong community background and understand what is required to satisfy that type of clientele. The Prince of Wales is extremely seasonal so anyone applying must have knowledge of and be able to demonstrate strong cost controls within the business.
