The Mitre is a well established community pub occupying a prominent position fronting onto Shipton Road. There are lots of chimneypots around, but the pub is also well positioned to attract passing trade from the busy Shipton Road, and has a car park to match. The pub offers a separate games room, which is popular as a venue for games teams and for watching sport, and a lounge which is used for live music and which offers a great area for diners.
There is a central L-shaped bar, with the games room off one return and the separate lounge off the other. The games room offers all the usual pub games, including pool and televised sports, and can accommodate up to 40 covers. The lounge offers a well-presented mix of fixed and loose seating for up to 80 covers. Live music is offered in the lounge on a weekly basis and is very popular. There is a compact trade kitchen which could be extended in the future, is currently installed with stainless steel appliances.
A beer garden is located to the side of the pub with a range of bench seating for up to 40 people and a smoking area. The large tarmac car park can accommodate approximately 25 vehicles.
The private accommodation comprises three bedrooms, a lounge, kitchen and bathroom.
Stock & Glassware: £3,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £325,654.73
Forecast Dry Turnover: £36,170.42
Forecast Other Turnover: £8,853.17
Forecast Turnover: £370,678.32
Year 1 Rent: £0.00
Guide Rent: £36,000.00
Initial Deposit: £0.00
Full Deposit: £9,000.00
Full Tie Release: £34,750.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £10,000.00
Working Capital: £14,000.00
The Mitre is a superb all-round pub, which attracts a wide range of customers including families. There is a separate games room and lounge allowing the publican to run sports, entertainment and dining side by side. This opportunity would be ideal for someone with experience of running a similar pub and has a passion for ales and pub games. Knowledge of the local area would be advantageous.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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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
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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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