The Mermaid is is situated in Sherborne, Dorset which is without a doubt one of the most beautiful towns in England. With an abundance of medieval buildings, a superb Abbey, world famous schools, two castles and more, Sherborne has something to offer all of those who visit. Sherborne is a busy business and market town for many of the surrounding hamlets, yet still remains small and specialist with a shopping centre showcasing a large choice of handcrafted and local goods. Ideally located on the Dorset and Somerset border it has excellent transport links enabling the town to flourish all year round and for people to marvel at and explore the beauty that is the un-spoilt Wessex area of Dorset. Sherborne has a population of approximately ten thousand.
The pub has a fully stocked public bar to the right on entering the main entrance and a separate restaurant to the left with double doors leading out to the garden. There is a large beer garden to the rear of the pub with outdoor furniture which is ideal on those sunny days when out exploring with the family. Off from the restaurant there is a fully equipped trade kitchen. From the public bar you can access the toilets, the skittle alley and the garden. The stairs go up to large first floor function room available for those special occasions such as christening parties, wakes, birthdays and wedding anniversaries. Just off of the garden is a large carpark for circa twenty cars.
The private accommodation has recently benefited from a refurbishment and is in good decorative order, consisting of three bedrooms, a kitchen, bathroom, lounge and office space.
Annual Rent: £22,000
Security Deposit: £3,000 (Building to £5,000 during tenure)
Working Capital: £5,000
Stock: £3,500
Fixtures and Fittings: Upon Valuation – funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Mermaid offers a great opportunity for an experienced operator who can passionately and creatively exploit the already successful existing income streams in terms of food, drink, events and functions to really take this fantastic facility up to the next level of hospitality. The pub deserves to be a great mixture of family friendly alongside a proper community venue to make it the real ‘hub’ of the local area. Food will play an important part in the increased ongoing success of the pub, along with a friendly and engaging tenant, who will work with the locals to promote pub teams, sports and events.
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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