Are you looking for pub tenancy available in the Suffolk area ? If so The Trowel and Hammer Inn Stowmarket is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Trowel and Hammer is one of them and is now available via Love Your Pub!
Why not contact the team today for more information about this venue and how you can take the next step in your hospitality career!
Pubs Tenancy In Suffolk – Run The Trowel And Hammer Inn Stowmarket !
The Trowel & Hammer is a unique establishment, offering live music, fine dining and has masses of potential as a scenic wedding location. Located in the country village of Cotton, near Stowmarket and the A140, the pub benefits from both local support and the many guests who visit throughout the year. As the only public house within Cotton, this 16th century property has tremendous kerb appeal and an experienced food operator is sought to maximise the potential of this wonderful business. RENT OFFERS INVITED are also invited for the Trowel & Hammer Inn.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pubs Tenancy In Suffolk – Run The Trowel And Hammer Inn Stowmarket !
The Trowel And Hammer Inn Stowmarket
Potential Turnover
£341,000.00 per annum
This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Partnership Terms
Guide Rent: £30,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND J
The proposed agreement: Retail Partnership Tenancy
(Key terms available online here) however we are prepared to discuss other Partnership agreements.
We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital start-up
£9,500.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £30,000.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.
Estimated fixtures & fitting value
£1,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£20,500
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search
The Trowel And Hammer Inn Stowmarket
Regional Manager’s thoughts on the Trowel & Hammer Inn
The Trowel & Hammer is well known for its food and impressive garden, and I am keen to hear from experienced catering applicants who can take full advantage of the excellent facilities. With a fantastic location and a number of revenue streams, this 16th century pub represents a rare opportunity to become an important part of this village community.
Alexander, Regional Manager
