Are you looking for pub tenancy in the Towcester area ? Why not run ‘The Bull’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Bull 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 Towcester – The Bull Is Now Available !
The Bull is a handsome, detached public house at the top of the beautiful market town of Towcester close to the Northampton, Milton Keynes and the Silverstone Circuit. The large trading area accommodates over 50 covers spread over two distinct sections, an extensive beer garden and large car park. The main feature of the pub is the wood fired pizza oven and the opportunity to develop this side of the business as well as function room and beautiful garden. Stonegate Pub Partners are seeking an experienced food-led operator to build this established business.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pub Tenancy In Towcester – The Bull Is Now Available !
The Bull Towcester
Overview of Bull
The Bull is a handsome, detached public house at the top of the beautiful market town of Towcester close to the Northampton, Milton Keynes and the Silverstone Circuit. The large trading area accommodates over 50 covers spread over two distinct sections, an extensive beer garden and large car park. The main feature of the pub is the wood fired pizza oven and the opportunity to develop this side of the business as well as function room and beautiful garden. Stonegate Pub Partners are seeking an experienced food-led operator to build this established business.
Indoor trading area
This business is a two-room operation, which was refurbished in June 2019 and has a pleasing combination of modern and traditional finishes. The main dining area to the front of the property is the heart of the pub and has a fitted dual sided back bar servery. This spacious trading area provides a casual space for approximately 50 drinkers and diners. To the rear of the pub is the function room area that can be used for parties or meetings. A kitchen to the side of the pub provides space to prepare and serve a full menu.
Outdoor trading area
There is a large lawned beer garden with picnic tables and seating for about 50 people which provides a lovely spot to enjoy a drink or a bite to eat in fine weather with an adjacent car park for up to 25 cars.
Your living accommodation
The living accommodation has a separate entrance with three bedrooms and lounge and provides ample space for a couple or small family.
Surrounding area
The pub sits on the outskirts of Towcester just off the A5 and 400 metres from the town centre on a busy road with plenty of passing trade opportunities. There is also a great road network from the pub, with the M1 is a 10-minute drive and the M40 is within 20 minutes.
Local competition
- Brave Old Oak,Watling Street East, Towcester, NN12 6BT (0.2 mi)
- Plough,Watling Street East, Towcester, NN12 6BT (0.2 mi)
- Peacock,Watling Street West, Towcester, NN12 6AG (0.4 mi)
- Jacks Hill Cafe,Watling Street, Towcester, NN12 8ET (0.9 mi)
- Folly Inn,London Road, Towcester, NN12 6LB (1.1 mi)
Pub Tenancy In Towcester – The Bull Is Now Available !
The Bull Towcester
Potential Turnover
£416,000.00 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: £39,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND E
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
£19,750.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £39,000.00), 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
£23,000
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
The Bull Towcester
Regional Manager’s thoughts on the Bull
The Bull presents a fantastic opportunity for a publican to develop a great food-led business and we now require an experienced food-led operator to take the reins and build upon this established business. The opportunity to grow a pizza-based food offer together with the function room provides opportunities not found in other pubs.
Peter, Regional Manager
