Operating from a substantial and immaculately presented detached premises of real charm and character which are set in large grounds and gardens, the Kings Head has become an important focal point of the community. The pub has had many years of highly successful trading by providing all the spacious and extremely well fitted traditional licensed bar facilities associated with an establishment of this kind.
The Kings Head is also widely renowned for its full and varied menu of classic a la carte pub meals, snacks and Sunday lunches prepared freshly to order in its extensively equipped catering kitchen and served in the very pleasant surroundings of tastefully furnished and appointed general bar and dining areas which combine to accommodate in excess of one hundred covers in style and comfort.
The business is also a popular venue for occasional live music entertainment evenings and for private parties accommodated in its spacious self-contained function room and bar and would naturally furnish any enthusiastic function and entertainment trade in order to fully exploit year round local demand and to possibly employing some or all of the substantial private accommodation for bed and breakfast letting purposes. We would unreservedly recommend a viewing of this property.
The private living accommodation is a smart apartment comprising a spacious lounge, a fully fitted domestic kitchen and breakfast room with ample work surfaces, quality wall and base storage units, fitted sink unit and a full range of modern appliances. There are two double bedrooms, two single bedrooms and a fully fitted family bathroom/WC with a shower.
Forecast Turnover: £457,168.97
Year 1 Rent: £0.00
Guide Rent: £28,000.00
Initial Deposit: £0.00
Full Deposit: £7,000.00
Full Tie Release: £38,000.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £15,000.00
Working Capital: £21,262.00
Stock & Glassware: £2,500.00
Cash Float: £1,000.00
Forecast Wet Turnover: £264,961.22
Forecast Dry Turnover: £192,207.75
Forecast Other Turnover: £0.00
The business has become an important focal point of the community following successful trading over many years. Widely renowned for its varied menu of classic pub meals, snacks and Sunday lunches, it is also a popular venue for occasional live music entertainment evenings and for private parties.
The function and entertainment trade could be developed in order to fully exploit year round local demand, and there is also the possibility of allocating some of the substantial private accommodation for letting purposes.
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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