If you are looking for a pub tenancy in Cheltenham ,The Umbrella is available !
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Pub Tenancy In Cheltenham – The Umbrella Is Available !
Pub Tenancy In Cheltenham – The Umbrella Is Available !
Don’t get caught in the rain, step into The Umbrella, and be your own boss. Why not escape the 9-5 and unlock your passion for sport and the community. The umbrella covers it all, ‘weather’ it’s darts, skittles or pool.
This is a great opportunity for you and your family to become the heart of the community.
The pub provides a superb opportunity to take on a true community pub situated in a densely populated area on the outskirts of Cheltenham. The pub occupies a prominent corner plot and offers good facilities to ensure the local community can be well provided for. There is a large trading area with plenty of covers, pub games including a skittle alley and multiple pool tables and a delightful beer garden located to the rear of the pub. The Umbrella is traditionally decorated and in great condition which provides an enthusiastic publican the potential to capitalise on a great trading opportunity.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Umbrella is situated in a densely populated area between Tewksbury Road and Gloucester Road in Cheltenham. The pub is in easy reach of the nearby Gloucestershire College, Kingsditch trading and retail estates and the centre of Cheltenham itself. Cheltenham Spa is a popular tourist destination for its regency style and is popular for its range of shops, as well as the famous Prestbury Racecourse that holds the popular Gold Cup in March each year. Cheltenham is ideally located to reach major cities such as Bristol and Birmingham via the M5 and has easy access to the Cotswolds Area of Outstanding Natural Beauty.
Private Accomodation
The private accommodation is a great size and comprises of three bedrooms, a lounge and kitchen, ideal for a family.
Agreement Fee: £750.00
Cash Float: £3,000.00
Fixtures & Fittings: £20,000.00
Forecast Turnover: £383,210.32
Full Deposit: £5,750.00
Full Tie Release: £66,250.00
Guide Rent: £23,000.00
Initial Deposit: £2,000.00
Repair Fund: £2,000.00
Stock & Glassware: £2,500.00
Working Capital: £26,300.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £13,158.08
Forecast Other Turnover: £0.00
Forecast Wet Turnover: £370,052.24
Additional Info
Ingoing Cost: £26,300.00
Annual Cost: £23,000.00
Agreement Type: Fixed Term Tenancy
This is a great community pub where the current publicans have given its customers a well-respected and enjoyable place in which to socialise with their friends. They have also created a great reputation for pool, darts and entertainment. There has been significant investment in this pub over the last few years meaning the condition and amenities are perfect to expand on the current trade base.
