The Golden Farm is a 15th Century pub situated on the edge of Cirencester town centre, and benefits from some excellent facilities including a main bar & snug, live music/function/skittle room and also sits in extensive gardens. An opportunity now exists to continue developing a great community driven business and develop further the appeal to the local community.
The internal trading area is in excellent condition and is traditionally decorated, with wooden floors, working fireplaces and beamed ceilings throughout. The bar area and dining room are arranged over two levels and both can seat up to 60 guests. The skittle alley that can be used additionally as a function room is accessed from the bar, can accommodate a further 80 people and is currently utilised for regular live entertainment. On the first floor, one room has been designated as a private meeting room for up to twenty people. Also, in situ is a fully fitted and compliant kitchen with adequate storage areas to enable any new publican to offer a varied menu.
The outside space is accessed via doors from both the bar and function room. It comprises a covered area and a large garden to the front and side of the property. There is seating for 24 under the lit and heated smoking area and there are currently 28 benches on the lawned beer garden with considerable room for more. Parking facilities are provided to the front, side and rear and can accommodate up to 30 vehicles.
There is substantial accommodation on the first floor and is currently separated in to two distinct areas. The first area is the “Managers Flat” which is in good condition and consists of a double bedroom, kitchen/diner, living room and bathroom. The second, and largest part of the first floor, is relatively unused but with a little investment could create another 3 double bedrooms, living room, kitchen, bathroom, WC, office and then further on the 2nd floor are 3 attic rooms. With the right investment it could also be possible to turn some of this accommodation in to letting rooms.
Forecast Turnover: £370,186.43
Year 1 Rent: £0.00
Guide Rent: £25,000.00
Initial Deposit: £3,000.00
Full Deposit: £6,250.00
Full Tie Release: £38,500.00
Agreement Fee: £750.00
Repair Fund: £3,000.00
Fixtures & Fittings: Estimated £15,000.00
Working Capital: Estimated £20,000.00
Stock & Glassware: £2,000.00
Cash Float: £2,000.00
Forecast Wet Turnover: £295,405.58
Forecast Dry Turnover: £70,713.90
Forecast Other Turnover: £4,066.94
If you love community pubs and want to be part of it them look no further than the Golden Farm. If you love the craic and are in to sport, entertainment, music and having a great time then this one is for you. It has all the constituent parts to deliver the best community offer in the area so i look forward to speaking to superb community operators about the golden opportunity we have here. Pick up that phone now!
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MISREPRESENTATION ACT 1967
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