The Wyvern Tavern in Swindon has a rich history dating back to the early 19th century. Originally known as the "Wyvern Inn," it was established in 1820 and quickly became a popular meeting place and social hub for locals. The tavern was named after the mythical creature "wyvern," which is depicted as a dragon with two legs and a barbed tail. Being a previous Yates establishment, it still retains some of its original characteristics. Recently, the tavern underwent a £200,000 refurbishment, resulting in a fresh and updated space. The refurbishment focused on creating multiple seating areas to cater to different group sizes and preferences, you can find pool tables and seating spread out, offering up to 100 covers providing ample space for guests to enjoy their drinks and meals. To enhance the atmosphere, some seating areas are arranged in booths with a personal screen, offering a more intimate setting. The main bar area is the heart of the tavern, serving as a central gathering point. Additionally, there is a raised stage or performance area where live music, entertainment, and themed events take place. This area acts as a focal point for performances and adds to the lively ambiance of the tavern. For sports enthusiasts, multiple screens are available, showcasing all sporting games on Sky and TNT. This provides a great venue to soak up the atmosphere while enjoying your favourite sports events. If the weather permits, guests can also enjoy the fresh air in the outdoor seating area, thanks to the pavement license. This space allows guests to have a drink or meal outside while enjoying the surroundings. The Wyvern Tavern adds to the charm of the town with its long history and lively ambiance, making it a popular destination for locals and tourists alike.
Please note that due to its prime central location, this pub does not include private accommodation.
Forecast Turnover: £504,402.35
Year 1 Rent: £14,000.00
Guide Rent: £21,000.00
Initial Deposit: £0.00
Full Deposit: £5,250.00
Full Tie Release: £67,750.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £12,000.00
Working Capital: £15,000.00
Stock & Glassware: £3,500.00
Cash Float: £1,000.00
Turnover Rent: £0.00
Turnover Rent %: £0.00
Forecast Wet Turnover: £443,864.28
Forecast Dry Turnover: £60,538.07
Forecast Other Turnover: £0.00
Have you got the edge and drive to put your own creative stamp on this established opportunity, in heart of Swindon? Or have you got a new or established concept that you’re looking to expand to this 100-cover venue in Wiltshire? Becoming a Pub Partner at The Wyvern Tavern is an exciting venture. Stonegate Group is extending this opportunity to their Pub Partners tenanted division, allowing a successful publican to leave their mark on this popular Highstreet pub. The Wyvern Tavern is well-equipped and well-maintained, providing the ideal platform for the new Pub Partner to take it to new heights. It is important for the Pub Partner to work well under pressure while maintaining a vibrant atmosphere to create a lively and enjoyable environment for guests. With the right skills and dedication, the new Pub Partner at The Wyvern Tavern can thrive in this exciting Highstreet Tenancy opportunity.
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
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