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The Old Inn is a characterful village pub in the Bishops Hull area of Taunton, at the foot of the stunning Blackdown Hills and the gateway to Exmoor National Park. All this and still only minutes away from Somerset's County Town of Taunton and surrounded by a number of new housebuilding projects. Internally, the Old Inn has two distinct trading areas; the lounge and the restaurant. Both areas finished to a good standard and boasting original features, this pub comes with additional selling points such as a skittle alley that can also double up as a function room, large TV screens to broadcast live sports, and games machines. Externally the well-sized beer garden and patio area is the perfect family hotspot in the warmer months for a drink in the sun, and a children’s play area to keep them entertained for hours. In a further addition, the Old Inn comprises four letting rooms which is a great opportunity for developing an additional income stream, that can be enhanced by creating en-suite facilities. The amazing Old Inn is the perfect destination for families in the village but also visitors to the area, therefore it is essential that the new publican is able to understand all the different parts of the pub that makes it successful and continues to drive and develop further.
The private accommodation is limited due to the letting rooms, however this could be re-configured if required.
Forecast Turnover: £342,521.42
Year 1 Rent: £12,000.00
Guide Rent: £18,000.00
Initial Deposit: £0.00
Full Deposit: £4,500.00
Full Tie Release: £45,750.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £15,000.00
Working Capital: £20,000.00
Stock & Glassware: £2,500.00
Cash Float: £1,000.00
Forecast Wet Turnover: £207,113.59
Forecast Dry Turnover: £101,869.47
Forecast Other Turnover: £33,538.35
The Old Inn has an established local trade which is driven by real ales, quality food, pub games and live music entertainment. Due to the location of the pub, footfall is derived from the village itself and from the neighboring suburbs of Taunton and Wellington.
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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