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Not offered in a number of years, the Globe presents an excelllent opportunity to those budding community Publicans to grow the current trade and putting the Globe on the map as a real centre of Stonehouse life.
The Globe is a well located, and attractive pub, on the High Street of Stonehouse and is one of only two pubs in the town centre. The pub has excellent facilities consisting of a lounge bar, public bar, skittle alley/function room, and a suitably sized catering kitchen. This an excellent opportunity to expand on the good local trade, which is currently wet led only, and capitalise on the additional trade opportunities locally.
To the right hand side of the building there is a lounge bar with seating for approximately 20, with traditional fixtures and fittings and parquet flooring. There is a through bar from the main bar which services this area but currently is not being utilised. The main room has seating for approximately 30 and is more modern in its décor, with televisions, games machines, juke box and a pool table. To the rear of the building is a skittle alley/function room that can cater for parties and events, with the ability to hold approximately 80 covers.
To the front of the building is a patio area with 20 covers, complete with picnic tables, providing a highly visible retail offer. There is a large car park to the front of the property with space for 25 vehicles.
The private quarters with a separate entrance comprise three bedrooms, a lounge, kitchen, bathroom on the first floor. Perfect family living accommodation.
Forecast Turnover: £329,114.50
Year 1 Rent: £0.00
Guide Rent: £30,000.00
Initial Deposit: £5,000.00
Full Deposit: £7,500.00
Full Tie Release: £53,750.00
Agreement Fee: £0.00
Repair Fund: £2,500.00
Fixtures & Fittings: £10,000.00
Working Capital: £15,755.00
Stock & Glassware: £2,500.00
Cash Float: £3,000.00
Forecast Wet Turnover: £311,709.75
Forecast Dry Turnover: £17,404.75
Forecast Other Turnover: £0.00
The Globe Inn is centred on the local community and has a good regular trade base. With a compact trade kitchen in place but currently unused, there is potential to develop a small bar menu to complement the existing wet trade. This is a great opportunity for new publicans to expand on the current revenue streams and put the Globe back on the map!
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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