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Turn Key Business!
This is a rare opportunity to take on a business that is run to impeccable standards with a immense amount of local support.
The business will be transitioning from our managed estate so that you can add the local magic to this already successful business. Whilst the core business is strong, it needs a leader that can react quickly to consumer demands, immersing the business in local activity and becoming the true heart of the community.
The property is extremely well presented throughout, providing an excellent first impression into the versatile, large, open plan trading area. The room is adorned with TVs to show all the top sporting events, there is a games area and comfy seating throughout. Live music, karaoke’s and DJs are a welcome addition to the busy events programme and should certainly be something that you are keen to progress,
To the rear of the property is an excellent skittle alley hosting multiples teams already and as skittle alleys go, this is one of the best around! It doubles as a function room, featuring its' own bar and has direct access onto the courtyard garden.
The commercial kitchen is very well equipped which, given the volume of food for both the function room and the day-to-day guests is a valuable and most welcome asset.
There is a public car park to the front of the property, with a small area owned by the pub providing the business owner with their own free parking.
As with the ground floor, the domestic accommodation is equally well presented.
On the 1st floor landing, there is a manager’s office, which is accessed separately to the accommodation. Going through the main entrance into the living accommodation, each room is light and airy with each room having generous proportions.
There are 3 bedrooms, a large kitchen which can accommodate a breakfast table and a fantastic family lounge.
Forecast Turnover: £480,810.00
Year 1 Rent: £0.00
Guide Rent: £24,000.00
Initial Deposit: £6,000.00
Full Deposit: £6,000.00
Full Tie Release: £0.00
Agreement Fee: £775.00
Repair Fund: £0.00
Fixtures & Fittings: TBC £40,000.00
Working Capital: £5,000.00
Stock & Glassware: £7,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £319,765.80
Forecast Dry Turnover: £161,044.00
Forecast Other Turnover: £14,000.00
Opportunities like this do not come along very often and we would like to appoint an exemplary, experienced business owner to continue the successful journey of this established business.
The new owner will need to hit the ground running, so we are looking for pub professionals to take the helm. Whilst we are big believers in transferrable skills and love welcoming new talent to the industry, this is one to hone your skill, not to learn it!
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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