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The Kings Arms is a traditional wet led community pub on the edge of Crewe Town Centre. Following a £100,000 investment in December 2016, the pub is presented in excellent condition internally and externally. From the main entrance on Rainbow Street, to the left is a large games room which houses the pool table and darts board. To walk straight ahead leads through a vestibule to the rear right snug, with bar servery in the centre, furnished with both fixed and loose seating. To the right is the large public bar, with a horseshoe shaped bar servery and flat screen TV for live sports. The décor is very traditional, with fixed seating beneath all the windows and wood panelling throughout. On the first floor is the function room which has plenty of scope for development and is a great opportunity for an additional income stream. There is also beer garden to the rear, which is a great space with lots of potential as a pleasant place to enjoy drinks during the summer months.
Agreement Fee: £750.00
Cash Float: £500.00
Fixtures & Fittings: £6,000.00
Forecast Turnover: £257,648.00
Full Deposit: £2,500.00
Full Tie Release: £0.00
Guide Rent: £10,000.00
Initial Deposit: £0.00
Repair Fund: £0.00
Stock & Glassware: £4,000.00
Working Capital: £0.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £5,200.00
Forecast Other Turnover: £11,000.00
Forecast Wet Turnover: £252,447.36
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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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