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The Rummer Tavern is in the heart of Cardiff City Centre, opposite Cardiff Castle with lovely historic frontage. The pub benefits from a fantastic location in the vibrant city of Cardiff. There is a pleasant seating area to the front dedicated to dining which then leads to a wider section, where the large and traditional bar is located. The Rummer hosts a range of pub games including darts and pool, with large TV screens for sports viewing. There is a function room located on the first floor, which will accommodate around 40 covers comfortably with characterful décor and an additional bar servery. A fully equipped trade kitchen is also available on the site capable of producing high quality pub food.
The private accommodation consists of three-bedrooms, a lounge and a kitchen, ideal for a family.
Forecast Turnover: £590,777.88
Year 1 Rent: £0.00
Guide Rent: £35,000.00
Initial Deposit: £0.00
Full Deposit: £8,750.00
Full Tie Release: £49,750.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £42,000.00
Working Capital: £50,500.00
Stock & Glassware: £3,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £467,657.08
Forecast Dry Turnover: £116,905.72
Forecast Other Turnover: £6,215.07
The tavern has a solid customer base of regulars who visit the pub for good quality food and refreshing beer. Trade is generated from passing shoppers and visitors to the city, particularly during the daytime. The successful applicant needs to be very experienced with door staff, strict licensing criteria, cask ale and live entertainment. The applicant will also need the skills to run a late-night, city centre food pub with high levels of trade.
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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