The Kings Arms is an old 17th-century pub on the main arterial road between Bristol and Bath. As an up-and-coming area, it has 27k residents within a mile radius and there are various business parks and shops close by. This historic public house currently has a cosy interior and naturally splits into distinct trading areas that provide a comfortable environment. A warm and inviting atmosphere is created for customers to enjoy drinks and food with weekly events such as live entertainment and quizzes which are popular amongst loyal customers. The pub also boasts a good-sized kitchen which can easily cater a quality food menu to compliment the drink offer. The external trading area is situated towards the side, it offers good visibility from the front of the pub, attracting passing trade from its prominent roadside location with a lovely garden that can be decorated to taste. The two-bedroom accommodation has a large lounge, ideal for a couple.
The private accommodation has a large lounge, bathroom, and two bedrooms.
Forecast Turnover: £309,492.61
Year 1 Rent: £14,000.00
Guide Rent: £20,000.00
Initial Deposit: £0.00
Full Deposit: £5,000.00
Full Tie Release: £27,000.00
Agreement Fee: £750.00
Repair Fund: £1,200.00
Fixtures & Fittings: £10,000.00
Working Capital: £16,000.00
Stock & Glassware: £4,000.00
Cash Float: £2,000.00
Forecast Wet Turnover: £228,136.90
Forecast Dry Turnover: £69,078.90
Forecast Other Turnover: £12,276.81
The Kings Arms is situated in a densely populated residential area and benefits from a large local catchment and good passing trade. The pub is filled with original features and has a naturally cosy feel. The property was refurbished four years ago and provides a great environment for a new publican to build a very successful business. This business would be ideal for a local experienced publican, with a genuine interest and passion in providing quality cask ales, great cider and home cooked food.
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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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