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The Fountain is a community pub in the heart of an established local and respected residential areas. The pub is wet led, although has potential to offer a traditional food offer. It consists of a separate public bar and lounge on the ground floor and a first floor function room. There is a well equipped trade kitchen also located on the ground floor
The pub benefited from a major refurbishment in June 2022.The interior of the pub is decorated in a modern style whilst retaining its traditional pub character. The pub is popular for live music and weekly quiz nights.
The living accomodation consists of four bedrooms, a kitchen, lounge and bathroom.
Forecast Turnover: £460,718.04
Year 1 Rent: £0.00
Guide Rent: £25,000.00
Initial Deposit: £5,000.00
Full Deposit: £6,250.00
Full Tie Release: £47,000.00
Agreement Fee: £0.00
Repair Fund: £3,500.00
Fixtures & Fittings: 18000 £18,000.00
Working Capital: 10000 £10,000.00
Stock & Glassware: £2,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £366,492.61
Forecast Dry Turnover: £93,422.49
Forecast Other Turnover: £802.94
The current customer base is male dominant with a demographic of 30+ years during the week, providing a very strong bar trade all day. The lounge is mainly used on weekends for evening entertainment and quiz nights. This side of the business has the potential to be developed by the new publican to maximise profit and drive footfall. I am seeking an experienced retailer who can continue the traditions of this great pub through live music, good quality food and the development of pub games and live sport.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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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