Venue News

Pubs For Lease In Wiltshire – The Cloisters Salisbury Is Now Available For Lease !

Are you looking for Pubs for lease in Wiltshire ? An excellent opportunity has come on to the market . The Cloisters Salisbury is a lovely pub in the market town of Salisbury , Wiltshire.

Known as ‘the city in the countryside’, Salisbury is surrounded by a landscape so quintessentially English it’s almost too good to be true.”

Contact The Love Your Pub Team:

Contact number: 01329 552730

Contact email address: info@loveyourpub.co.uk

Pubs For Lease In Wiltshire , About the Pub – The Cloisters Salisbury

Indoor trading area

A large one room operation capable of seating 100 covers, with a spacious yet cosy feel, exposed beams and an open fireplace. There is a large single bar servery and secluded areas for both drinking and dining. The kitchen area is extensive, but needs to be equipped to realise the food potential. On the first floor is a function room with 30 covers and its own bar servery to provide an additional stream of revenue.

Outdoor trading area

There is no external trading area at this site.

Your living accommodation

The accommodation is of a good standard and comprises three bedrooms, lounge and a kitchen.

Energy certificate

To help you understand other possible running costs associated with this business.

Click here to download this pub’s energy rating certificate

Letting Prices – The Cloisters Salisbury – Pubs For Lease In Wiltshire

Partnership Terms

Introductory Rent: £25,000 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 £45,000 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

£16,250 (excl VAT)

Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £25,000), 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

£11,000 (excl VAT)

To be discussed with the Regional Manager.

Rateable Value

£50,000

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

FREE OF TIE COMMERCIAL LEASE – Pubs For Lease In Wiltshire

Partnership Terms

Introductory Rent: Offers Invited

The proposed agreement: Commercial Lease (Free of Tie)

(Key terms available online here) however we are prepared to discuss other Partnership agreements.

Estimated Capital start-up

You will need to have funds available to cover stock and glassware, deposit (25% of the final rent) and other contractual charges.

Estimated fixtures & fitting value

£11,000 (excl VAT)

To be discussed with the Regional Manager.

Rateable Value

£50,000

Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.

Contact The Love Your Pub Team:

Contact number: 01329 552730

Contact email address: info@loveyourpub.co.uk

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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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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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