Menu
The Crown & Sceptre is a food led community business situated just outside Neath in the village of Cadoxton. The pub is situated on a major road connecting Neath with the Heads of the Valleys route and consists of a bar area and adjoining restaurant. There is an attractive outside drinking area adjacent to the pub and a car park for approximately 30 cars on the opposite side of the road. The pub has built an excellent reputation for the quality of food served. There is a population of over 40,000 people within a two mile radius with a high density of professionals and retired professionals in that area.
The private accommodation comprises of two bedrooms, a bathroom, lounge and kitchen. The space is well presented and has traditional features throughout and is ideal for a couple or small family.
Forecast Turnover: £353,787.52
Year 1 Rent: £18,000.00
Guide Rent: £27,000.00
Initial Deposit: £0.00
Full Deposit: £6,750.00
Full Tie Release: £27,250.00
Agreement Fee: £750.00
Repair Fund: £1,200.00
Fixtures & Fittings: £15,000.00
Working Capital: £23,392.00
Stock & Glassware: £1,500.00
Cash Float: £1,000.00
Forecast Wet Turnover: £193,783.66
Forecast Dry Turnover: £157,472.63
Forecast Other Turnover: £2,531.23
This is a brilliant pub in the heart of the community which benefits from a loyal customer base from the surrounding area and there is great potential to appeal to passing trade and further establish the pub as a destination venue for towns and visitors from further afield. A high quality menu is key to the continued success of this business, with potential to build wet trade on the back of that. It is best suited to an experienced food operator with a good understanding of current catering trends and a true love of hospitality to maximise the opportunity at this pub. The beer garden is located to the front of the pub with picnic bench seatig and the very large car park is situated across the road.
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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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