Venue News

Pubs To Let In Wiltshire – The Cloisters Salisbury – (Free Of Tie Options Available)

Looking for a fresh challenge at pubs to let in Wiltshire ?  Bring your skills to The Cloisters Salisbury (Free Of Tie Options Available) and maximise this business set in a fantastic location close to the landmark 800 year old Cathedral!

Pubs To Let In Wiltshire – The Cloisters Salisbury

 

The Cloisters is a large and impressive historic building in a prominent location on the fringe of Salisbury city centre. Situated on the main road, 100 meters from the famous cathedral entrance and conveniently close to public car parks and hotels, it offers the opportunity to attract day-trippers, coach parties and locals. This potentially diverse pub business has a traditional feel with open fires, 100+ covers and offers a traditional good quality food menu, specialising in a Sunday carvery.

The Cloisters Salisbury

About 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.

Pubs To Let In Wiltshire

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

Moving On To The Figures:

 

Letting Prices – Pubs To Let In Wiltshire – The Cloisters Salisbury

Partnership Terms

Introductory Rent: £25,000.00 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 £45,000.00 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

16250 (excl VAT)

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

Free of Tie Options:

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

(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.

Interested? Contact The Love Your Pub Team:

Contact number: 01329 552730

Contact email address: info@loveyourpub.co.uk

To view The Cloisters Salisbury full profile please click on the link below:

https://loveyourpub.co.uk/portfolio/cloisters-salisbury/

Sign up below to hear more about our monthly news & offers via email 

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.

You may also like

Previous Post
Pubs With Sky And BT Sport In Southampton – The Keys Totton
Next Post
Eating Out In Southsea – Launch Of Exciting New Menu For The New Year At Montys Southsea !

Sign up below to hear more about our monthly news & offers via email 

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.

Menu