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The Vaults, as it’s known locally, is ideally situated just a short walk from the City Centre of Gloucester and the Cherry and Whites Kingsholm Rugby stadium. The Northend Vaults is one of the oldest hostelries in Gloucester, reported as a pub in circa 1660, but parts of the building are much older, originally a merchant’s house. The pub therefore has many period features that add to the appeal of the pub but combines this with a complimentary modern interior. There are multiple screens for those that want to sit and watch live sport and a lovely garden patio area to the rear for those lazy summer days and evenings to enjoy a pint or two. The main trading area has a traditional finish to the floors, a modern feel to the furniture and fittings, and an open plan, airy feel but with more secluded areas for small groups. Everything you would expect from an historic traditional pub but with a more modern feel mixed in. The trade kitchen is located to the rear of the premises but will require some investment in equipment to operate an additional food trade. An enclosed courtyard to the rear has a raised paved area with traditional wooden benches with seating for approximately 50 covers. There is an adequately sized car park to the rear for seven cars but, being in the city centre, there are numerous pay and display car parks close by and the usual transport links.
The living accommodation consists of two separate flats. The first floor, accessed from inside the pub, has two bedrooms, office, living room, kitchen, WC, and bathroom. The second floor, which is accessed from its own entrance to the rear, also has two bedrooms, living room, kitchen, and bathroom.
Agreement Fee: £750.00
Cash Float: £2,000.00
Fixtures & Fittings: £11,410.00
Forecast Turnover: £376,860.08
Full Deposit: £6,750.00
Full Tie Release: £52,500.00
Guide Rent: £27,000.00
Initial Deposit: £0.00
Repair Fund: £2,000.00
Stock & Glassware: £3,000.00
Working Capital: £13,500.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £6,526.50
Forecast Other Turnover: £0.00
Forecast Wet Turnover: £370,333.57
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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