The Old Masons Arms is prominently located on a main road and has extensive areas of housing in the immediate vicinity from which to draw a base of regular customers. This detached property benefits from having a large car park, and within an open plan trade area offers both a lounge, and a games room to enable it to appeal to an extensive cross section of customers of all age groups.
The trade area is serviced from a single bar servery, hosting cask ales and international beer brands. The space is broken up through the use of different floor levels and alcoves of seating to create separate trading areas. The pub has a very definite games section with a pool table and darts board. The lounge is of sufficient capacity to enable live entertainment to be developed as a theme in this business. The commercial kitchen is conveniently located to the rear of the bar servery, with the cellar and storage areas being in the basement. Overall, there are 50 covers seated across the site.
There are a few benches out the front providing a highly visible retail offer and there is a smoking shelter to the left hand side of the pub. An enclosed space down the side, with development, could be an excellent outside space with five picnic benches in place at the moment. The car park has spaces for 20 vehicles.
Located on the first floor, the accommodation can also be accessed separately from a private rear entrance. The spacious living quarters comprise three large bedrooms, a kitchen, lounge, bathroom and an office.
Fixtures & Fittings: £12,500.00
Working Capital: £17,500.00
Forecast Turnover: £396,753.14
Year 1 Rent: £0.00
Guide Rent: £27,500.00
Initial Deposit: £0.00
Full Deposit: £6,875.00
Full Tie Release: £75,500.00
Agreement Fee: £795.00
Repair Fund: £2,500.00
Stock & Glassware: £6,000.00
Cash Float: £400.00
Turnover Rent: £0.00
Turnover Rent %: £0.00
Forecast Wet Turnover: £388,818.82
Forecast Dry Turnover: £7,934.31
Forecast Other Turnover: £0.00
In addition to a nucleus of regular local customers, the Old Masons Arms is well positioned to attract passing trade with an offering of televised sports viewing and live entertainment. Music, karaoke and discos have all proved popular in the past and the new publican should look to maintain and build on this. There is scope also to develop a small hand held food operation to further enhance the business opportunity.
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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
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