The Wheatsheaf is a traditional pub that has built up a local reputation as an excellent venue for live music and entertainment. There is potential to grow the business further by making the best out of the rear bar and expanding on the already provided entertainment. The location of the pub also provides a great opportunity, being a short walk from the town centre and restaurants, it is the perfect destination for some post-meal drinks and entertainment.
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The private accommodation comprises of two bedrooms, a bathroom, a domestic kitchen and a lounge.
Forecast Turnover: £310,420.93
Year 1 Rent: £0.00
Guide Rent: £19,000.00
Initial Deposit: £0.00
Full Deposit: £4,750.00
Full Tie Release: £31,750.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £8,000.00
Working Capital: £11,700.00
Stock & Glassware: £4,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £291,351.58
Forecast Dry Turnover: £13,910.20
Forecast Other Turnover: £5,159.15
I am looking for a good wet-led publican with a strong entertainment background, who can continue to provide the live music and atmosphere that this pub has become famous for. This pub would suit an experienced publican, or an individual interested in running their first entertainment venue. The Wheatsheaf is available on a Short Term Tenancy agreement or a Fixed Term Tenancy which allows the operator to run this business in the way they desire, backed by enhanced marketing support and a retail standard focus.
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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