If you are looking for pubs to let in Wells, Run The Rose & Crown!
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Pubs To Lease In Wells – Run The Rose & Crown
PROPERTY DETAILS
The Rose & Crown is a historic stone-built pub close to the centre of the beautiful Cathedral city of Wells in Somerset.
It is a traditional, well-presented, one-bar, wet-led operation with a wonderful good-sized courtyard beer garden with a great outdoor covered viewing area for live sport. The outbuildings contain two pool rooms along with a smoking solution to the rear.
The private accommodation consists of two bedrooms, a lounge, a kitchen, and a bathroom all in excellent condition.
Cask Ale
Team Games
Pool Area
Live Entertainment
Live Sports
Experienced Operator
Trading style
The site trades predominantly as a community local but also benefits from the large number of tourists attracted to the city. The focus should be ensuring that this pub continues to be at the forefront of all local’s minds when it comes to being the place to go for a drink, to socialise, or to watch a sporting event. The landlords want all existing and potential customers to feel part of what is a busy, thriving gem of the community and to enjoy the pub for all occasions. The pub will need to trade with a successful rhythm of the week including live sports, pub teams for darts, and pool and entertainment.
The successful applicant will need to be an experienced hands-on operator used to dealing with all aspects of community clientele from male session drinkers to younger couples and groups. They will need to be a people person who can foster a great atmosphere.
The successful applicant(s) will be outgoing, lively, personable, enthusiastic, and driven and will be as passionate as the landlords are about creating something special within the community. They will need a proven track record in operating successful community pubs and running events, utilising social media, maximising footfall for sporting events, booking live artists/bands, creating promotional/marketing plans, developing a food offering, and establishing a strong position within the community, all whilst developing/leading a great in-house team.
A personal licence is required alongside exceptional standards and some experience with real ale, current trends (gin, craft ale, and lager, wines, and cider), and organising events such as beer and cider festivals.
Key financials
Reference Number:
6M23WN / ROT-BA5
Agreement Type:
TAW / Tenancy
Min Ingoing Cost:
£5,000.00
Annual Rent:
£35,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Length of Tenure: TMA leading to a 5-year tenure.
Agreement type: Part-tied tenancy (Free of Tie on Wines, Spirits & Minerals apart from BIB)
Rent: £35,000 (stepped rental support available)
Ingoings: £5k deposit plus working capital. Inventory is to be purchased on flexible terms when on substantive agreement.
