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Pub Tenancies Available In West Sussex – The Frankland Arms Pulborough – Looking For A Pub With Character?

Are you an experienced catering operator who’s looking at 2019 for new beginnings?  Then it’s likely you’re thinking about pub tenancies available in West Sussex and this could be the one for you! The Frankland Arms Pulborough is a pub oozing with character, set in a charming village giving you the ability to become a part of local life, while maximising the business potential of this establishment.

Pub Tenancies Available In West Sussex – The Frankland Arms Pulborough

 

About the Pub:

The Frankland Arms is large public house in the charming village of Washington, West Sussex, and boasts many excellent features both indoors and out. The superb beer garden is perfect for al fresco dining and the amply sized car park is perfect for accommodating destination diners. The pub oozes character with exposed beams, an open fireplace and traditional décor. There are different zones for formal dining, pub games and a bar to simply relax with a well-kept cask ale or good glass of wine. This landmark site is the only pub in the village and also attracts custom from walkers, cyclists and tourists who visit for good quality food. An experienced catering operator who can settle into local life whilst maximising all facets of this amazing business opportunity, is now being sought.

Indoor trading area

Traditionally decorated, the main room is open plan and popular with locals who can be kept entertained with a pool table, darts throw and television. Live music has also featured in this room. There is some space for casual dining, which then leads into three zoned sections split over two levels. The more formal restaurant has seating for 60 and this great room includes a double sided fireplace, exposed beams and charming features throughout. The large, stainless steel commercial kitchen is well-equipped and includes a walk-in fridge-freezer as well as a preparation area. A function room is currently used for storage and there is potential for the ingoing publican to develop its use.

The Frankland Arms Pulborough

Outdoor trading area

The excellent lawned garden is bordered by brick walls, has mature shrubs, and picnic benches to seat 100 guests. In the south of the garden is a pergola which acts as the smoking solution. A tarmac car park has room for 20 vehicles.

Pub Tenancies Available In West Sussex

Your living accommodation

The private quarters are spread over two floors and comprise four bedrooms, a lounge, kitchen and two bathrooms.

Pub Tenancies Available In West Sussex – Let’s Have A Look At The Costings:

Potential Turnover

£508,000.00 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

Introductory Rent: £35,000.00 per annum, payable weekly in advance.

Based on discount scheme PARTNERSHIP BAND D

This pub needs personal investment of time, effort and skills to realise its potential. Our vision for this pub is a business capable of sustaining a rent of £48,000.00 per annum.

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

15000 (excl VAT)

Often referred to as in goings. Includes stock & glassware at valuation, deposit (calculated as 25% of £35,000.00), 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

(excl VAT)

To be discussed with the Regional Manager.

Rateable Value

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

Interested?

Contact The Love Your Pub Team – The Frankland Arms Pulborough:

Contact number: 01329 552730

Contact email address: info@loveyourpub.co.uk

To view the Frankland Arms Pulborough full profile please click on the link below:

https://loveyourpub.co.uk/portfolio/frankland-arms-pulborough/

 

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T & C’s : Please note any promotion or offer is at the discretion of the outlet & cannot be used in conjunction with any other promotion or offer at that time. Any promotion or offer can be withdrawn by the outlet at anytime.

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