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Recently refurbished local community pub situated in a private housing estate on the outskirts of Kenilworth town centre. The site is situated in a mid-market demographic, it is a popular venue during the week and weekends and has a large target customer base that use it for social drinking and casual dining.
The Gauntlet has a large open plan trading area with a central bar with two service areas for each side of the room. The trading area is zoned on eiether side of the central bar, creating a space for casual drinking on one side and an area designated for eating on the other. The front of the pub has a terreced trading area for drinking and alfresco eating. Earlier this year a pergola was built on the terraced with fixed seating to extend the outside trading area and the shelter allows for this space to be used all year around.
Above the pub is a three bedroom private acommodation with lounge, kitchen and bathroom. The living accomodation is in good condition and decorated throughout, ideal for a couple or family to live onsite.
Forecast Turnover: £411,850.81
Year 1 Rent: £27,500.00
Guide Rent: £40,000.00
Initial Deposit: £0.00
Full Deposit: £10,000.00
Full Tie Release: £35,000.00
Agreement Fee: £750.00
Repair Fund: £2,000.00
Fixtures & Fittings: £20,000.00
Working Capital: £25,500.00
Stock & Glassware: £5,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £244,581.91
Forecast Dry Turnover: £156,846.41
Forecast Other Turnover: £10,422.49
The Gauntlet is a fantastic opportunity for a retailer with a passion and enthuasim to intigrate themselves in the local community of Kennilworth. This well-established public house in very good condition throughout, surrounded by residential houses and with a good mix of regular custom. The Gauntlet is an excellent and exciting opportunity, although current business is good there is huge potential to develop trade further with an enthusiastic and hardworking publican.
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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