A charming suburban community local in the desirable area of Kimberworth. This two bar operation is an ideal starter pub for an enthusiastic and motivated couple to 'cut their teeth' in the pub industry. Recently referbished, a good operational kitchen now in place. Would suit someone with a love of cask ales and traditional pub games.
The Travellers Inn is a traditional cask ale two bar operation with one large 'L' shaped lounge and a small snug to the left as you enter via the front door. Traditionally decorated and in good condition throughout, the pub has fixed and loose seating for around 30 customers and can easily accommodate many more standing. Located on the first floor is a function room that is currently under-utilised and could be developed further.
There's been a fantastic internal refurbishment to the outside of the pub that now offers a brillian outdoor sports-viewing area.
The private accommodation consists of three large bedrooms, a kitchen, lounge and bathroom all in very good condition.
Forecast Turnover: £388,528.00
Year 1 Rent: £0.00
Guide Rent: £27,000.00
Initial Deposit: £0.00
Full Deposit: £6,750.00
Full Tie Release: £49,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £25,000.00
Working Capital: £15,000.00
Stock & Glassware: £4,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £384,180.44
Forecast Dry Turnover: £4,347.56
Forecast Other Turnover: £0.00
This is a lovely characterful pub which has been kept to a very high standard by the outgoing publican, the pub is very clean and tidy throughout. Opportunity to develop a snack menu through the catering kitchen, and an opportunity maximise the outdoor trading areas. Located on the first floor is a small function room, which if marketed correctly could generate an extra revenue stream for the business. This really is the perfect pub for a publican looking to add to their repertoire.
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