The Falcon is in good decorative order and retains the character and charm typical of a building of this era. A large, wooden bar welcomes customers and is centrally positioned to serve all areas of the pub. The Falcon is known for its relaxed and welcoming atmosphere and there are several wooden tables and chairs along with tall bar stools that are suitable for a meal or drinks; 35 covers can be accommodated throughout. A beautiful open fireplace creates a lovely ambience and adds to the traditional feel of the pub. There is a section of the bar area where there is a pool table, TV and room for guests to enjoy pub games with friends. The trade kitchen is of a good size and capable of producing a wide-ranging menu to cover all occasions. There are three basic living rooms with a shared bathroom facility, and further development could be a key part of the business.
A large grassed area to the rear of the property is a real sun trap and with the addition of picnic benches, it’s the perfect spot for outside drinking and dining. A decking area houses additional seating. The private car park can be accessed from the front of the property and can accommodate 25 vehicles.
Grade II listed traditional two-room local and a former coaching inn.
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The living accommodation is of a good size and comprises four bedrooms, a lounge and a kitchen. The accommodation is currently configured to be a one-bed room flat with three living rooms to generate more income.
Forecast Turnover: £463,993.86
Year 1 Rent: £0.00
Guide Rent: £34,000.00
Initial Deposit: £0.00
Full Deposit: £8,500.00
Full Tie Release: £46,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £10,000.00
Working Capital: £15,000.00
Stock & Glassware: £3,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £342,136.52
Forecast Dry Turnover: £121,857.34
Forecast Other Turnover: £0.00
This is an excellent opportunity for a passionate publican to develop a popular business at the heart of the local community. An appropriate food offer is key here, and a menu that reflects and matches the casual and relaxing atmosphere would suit the business needs. There is potential to create a great lunchtime offer which would appeal to and attract those working within the locality, along with those living nearby.
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Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
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
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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