Felixstowe, IP11 9DS
The Falcon Felixstowe
The Falcon is located in the Walton area of Felixstowe less than a mile from the great beaches of this Suffolk Coastal town. It is located on the High Street surrounded by shops including an independent bakers and is in the heart of its community. There is just one other pub nearby. Felixstowe has a growing population of 27,500 and the Walton area is largely residential with good demographics. The town has the largest container port in the UK and is a key local employer.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pub Layout – The Falcon Felixstowe
The pub has undergone a refurbishment in 2018 and is in excellent condition. On entrance you are greated by a large centre island style bar with seating all around. Within the main bar there is a pool table and darts oche, a seperate room which can also be used for darts or private functions. Externally there is a small car park to the rear housing approximately 8 vehicles. The Falcon also seperate external drinking arears with a pavement seating at the front, a side patio area and a part grassed garden to the rear which has a good amount of covers for a high street location. The new kitchen is just off the bar area with the potential to deliver a small but quality bar food operation.
Trading Style The pub currently trades as a drinks focused operation serving the locals and visitors / tourists and port workers. There is scope for more pub sport teams and a simple but quality bar led food offer. Openining times can be enhanced and the right operators should feel they can make the Falcon the heart of the community. Proposed opening times – Currently on reduced trading hours, please check before visiting. The pub should trade as all day every day moving forwards.
Private Accommodation The private accommodation consists of three bedrooms above the pub all in good order with a private bathroom and kitchen. There is also a private entrance at the rear of the property.
The Falcon Felixstowe
FINANCIAL – The Falcon Felixstowe
Annual Rent: £25,800
Security Deposit: £5,000
Working Capital: £5,000
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: £250 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
BDM VISION – The Falcon Felixstowe
The Falcon has not reached its full potential and the current Tenant has decided to move on to pastures new. This is a real opportunity for somebody to be able to move the business forward and by driving the launch of a small food offering, simple aspects like quality cask ale, a good food offer, sports teams and a more active social media presence will quickly develop the trade further. Admiral are looking for a licensee with great vision and local knowledge to really unlock this pub’s potential.
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.