Are you looking for pub tenancy in the Taunton area ? Why not run ‘The Moat House’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Moat House 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.
Pub Tenancy In Taunton – The Moat House Is Now Available
A fabulous refurbishment will transform The Moat House into a premium drink-led, town centre pub that is full of style. Inside, the pub will be redecorated throughout the whole ground floor. Other upgrades throughout the pub such as a full refurbishment of the first floor as well as the male & female toilets. This will encourage greater sales and give the pub a completely new look and feel.
Outside, we will be upgrading the pub with a redecoration and beautiful new signage that will appeal to a wider range of consumers with its new look and feel.
In the heart of the town
The Moat House is in the heart of Taunton town centre, just off Castle Way Square. This is a hot spot for hospitality venues. There is ample space and a perfect spot for customers during the summer months. Many people work in the city and flock to the city for nights out. Being in the town, there are several nearby venues, however, the vision for the Moat House sits in a prominent position and also benefits from being located close to a circuit of great pubs that already bring in a great trade to the area.
Moat House Taunton
Potential
The pub already has an established trade. We believe that this refurbishment will set Moat House above the local competition with it stylish décor. With 85 covers, a late license and great promotions and music, it’ll be the bar of choice. The look and feel are different from anything in the immediate vicinity and the range of cocktails and craft beers will also make a great point of difference in the immediate vicinity.
Target customers:
When refurbished, The Moat House will appeal to:
Generally younger people coming for a night out
Professionals finishing work for a drink and relaxing evening time
Customers looking for a stylish venue to enjoy live music or entertainment
Offer:
When refurbished, The Moat House will offer:
A high quality, focused range of drinks focusing on cocktails and craft beers
A great selection of premium on-trend snacks to appeal to the after-work crowds that are in late afternoon while they enjoy a few drinks
Entertainment as part of the rhythm of the week, such as DJs, live music and a great sound system.
Trading Area & Facilities
External
Ground floor timberwork redecoration only
New external signage and lighting scheme
New external furniture – subject to pavement license
Allow for repairs to slipped slates/tiles to roof
Allow for works to rainwater goods
Allow for window repairs
GF Trade Area
Provide new bar counter with stainless steel cocktail stations
Provide new backfittings
Provide new coffee machine
Provide new bottle coolers
Allow for Smart Dispense and BWIC
Provide new Altro flooring behind bar servery
Provide new drinks shelves
Remove raised level
Provide new timber flooring
Provide new tiled flooring
Provide new entrance/barrier matting
Provide new panelled screen
Provide new Shuffleboard
Provide new mid-height fixed seating bays
Provide new external doors to rear entrance
Provide new inner lobby doors to front entrance
Allow for complete decorations throughout including feature wallpapers
Allow for new music/TV system
Allow for all new internal furniture
Allow for new lighting to existing and new positions
Allow for new bric-a-brac/theming
Allow for feature wall panelling
Allow for internal signwriting
Allow for new intruder alarm and CCTV system
Allow for new dimmer system and rewire dependant on existing lighting circuits
Sand and re-stain existing timber staircases up to first floor
FF Trade Area
Allow for feature pallet and planting wall
Allow for new carpet
Allow for new drinks shelf
Allow for new loose furniture
Allow for new poseur height fixed seating
Allow for new bric-a-brac/theming
Allow for new lighting to existing and new positions
Provide new panelled timber wall
Provide double Smart Darts system
Provide neon lighting
Sand and re-stain existing timber flooring
Ladies WC
Make good wall tiling
Allow for decorations to all previously painted surfaces
Provide new hooks and looks to cubicle doors
Ensure existing lighting in working order
Provide new hand dryer
Provide new soap dispensers and toilet roll holders
Allow for new mirrors above vanity and full length in main area
Provide lock to cupboard door
Contract clean existing flooring
Gents WC
Make good wall tiling
Allow for decorations to all previously painted surfaces
Provide new hooks and locks to cubicle doors
Ensure existing lighting in working order
Provide new hand dryer
Provide new soap dispensers and toilet roll holders
Patch in tiles behind urinal and make good wall above
Provide vinyls to windows
Kitchen
Strip out existing kit
Allow for decorations to all previously painted surfaces
Provide new Altro flooring
Allow for new catering kit and services
Create new glasswash area in kitchen
Provide new glasswash
Provide new ice machine
Provide new air rack
Cellar
Provide Smart Dispense and BWIC
Clear out cellar & decorate
Provide new spirits racking
Private Accommodation
Private accommodation at the Moat House consists of three bedrooms, a lounge and kitchen.
Moat House Taunton – Commercials
Annual Rent £
33,041
Estimated Tenants Annual Operating Profit £
35,540
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
507,719
Estimated Annual Barrelage
212
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
41,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
8,260
Rent in Advance £
635
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
57,515
Estimated Minimum Ingoing Costs £
57,515
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month’s rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month’s rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month’s rent will be required for operators trading under a Limited Company with no Guarantors.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
1,981
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor – your solicitor’s fees are not included in the above estimate
