Description
The Welsh Princess enjoys a prominent roadside position in the village of Rayne, located just one mile from the centre of Braintree. This charming village benefits from strong local demographics and convenient transport connections with Braintree train station approximately two miles from the pub. There are also plenty of bus routes including connections to the airport and surrounding towns. Adjacent to the pub is a popular Indian restaurant, adding to the local dining scene and the main competition in the area is The Swan, another established pub within the village.
Pub Layout
The pub itself is a quaint and traditional venue and has been sympathetically upgraded over the years. Walking up the few entrance steps into the pub, you arrive straight into the main trade area which is one large open space accompanied by a long bar servery. Well laid out with a mixture of low and high level seating, the Welsh Princess has lots of natural light and character beams to add to it's charm as well as space for a pool table and darts board. To the rear of the pub, you will find a well designed, compact trade kitchen and externally the pub is furnished by an external drinking area and car park.
The private accommodation consists of two bedrooms, a lounge, kitchen and bathroom.
Annual Rent: £24,500
Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
Working Capital: £2,500
Stock: £4,500
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
This is an amazing opportunity for an experienced licensee (s) who will continue to engage with the local community and provide a consistent offering to the village and surrounding villages. Ideal for someone who loves to be hands on and that has a wealth of knowledge in working with people and running pubs that deliver a great hospitality experience. Having a very active rhythm of the week will see the Welsh Princess really excel within the community and having a jam-packed calendar of events such as charity days and bank holiday fun days will really push this pub to it’s maximum potential. The Welsh Princess really needs to be the hub of the local area and with the right operator, we believe that it can whole-heartedly be that venue.
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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