The Britannia is in the centre of Pencoed next to the railway station. It is a town centre pub trading 90% wet, with the opportunity to drive a food offer. The internal area is split across two levels, and the raised area currently hosts live entertainment, such as live bands and karaoke. To the rear of the pub is a large beer garden and a car park. The pub attracts a crowd to watch and play sports, with a football team and pool teams running from the pub. I am looking for an experienced wet-led operator who can continue to drive the pub as the community hotspot.
The private accommodation comprises four bedrooms and a lounge and would be suitable for a family.
Forecast Turnover: £447,301.25
Year 1 Rent: £0.00
Guide Rent: £20,000.00
Initial Deposit: £0.00
Full Deposit: £5,000.00
Full Tie Release: £45,500.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £6,000.00
Working Capital: £11,456.00
Stock & Glassware: £500.00
Cash Float: £1,000.00
Forecast Wet Turnover: £402,569.57
Forecast Dry Turnover: £44,731.68
Forecast Other Turnover: £0.00
I have worked in the pub industry for over 30 years in the South Wales area. At the Britannia, I am looking for an experienced wet-led operator able to drive sales through sport and music.
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