This is an amazing opportunity to work on the development of a site and new concept with us ! As it stands the Devonshire is a simple boozer.... with so much potential for more!!!!
The traditional pub has a separate bar and lounge, two outside drinking spaces, a medium sized trade kitchen and upstairs snooker hall with full sized tables. Fully integrated into the local community, this pub has a strong games offering and is well supported by skittles and pool teams, as well as several local groups, and catering for local parties and functions.
We have plans to take forward a significant refurbishment to the pub including new exterior signage, new toilets and a revamp of both bar areas. We need a focussed and entreprenurial publican to work with us on this project and really unlock the potential!
Year 1 Rent: £0.00
Forecast Dry Turnover: £25,045.12
Forecast Other Turnover: £0.00
Forecast Wet Turnover: £423,822.77
Working Capital: £0.00
Agreement Fee: £0.00
Cash Float: £500.00
Fixtures & Fittings: £25,000.00
Forecast Turnover: £448,867.89
Full Deposit: £8,750.00
Full Tie Release: £52,500.00
Guide Rent: £35,000.00
Initial Deposit: £0.00
Repair Fund: £2,500.00
Stock & Glassware: £0.00
The Devonshire Arms is a homely traditional community-based pub, with constant support by local trade. This pub comes with a real opportunity to enhance the food offer, combined with the continuation of supporting other functions and community events. The well-presented outdoor drinking space could be developed to allow further seating for those sunny days. The Devonshire Arms has everything that a good pub should offer!
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
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Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
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Mortgage disclaimer
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MISREPRESENTATION ACT 1967
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