Are you looking to let a pub in Bristol? If so why not run ‘The Cross Hands’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Cross Hands is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Pubs To Let In Bristol – The Cross Hands Is Now Available !
The Cross Hands is situated in a high-profile corner position and is in fantastic condition throughout. The pub is considered a successful, upmarket community pub with a high rate of sale, known for its great food offering. The interior consists of a large sales area with a bar, restaurant and function room, all with a rustic, farmhouse aesthetic, making an enjoyable dining experience. A great selling point of this pub is its large, modern beer garden that hosts up to 65 covers to the front and 75 to the rear. Located just on the outskirts of central Fishponds, the pub is situated in a densely populated residential area and brings in a good trade. Stonegate Pub Partners are seeking a food-experienced publican to run this beautiful Bristol pub.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pubs To Let In Bristol – The Cross Hands Is Now Available !
The Cross Hands Bristol
Overview of Cross Hands
The Cross Hands is situated in a high-profile corner position and is in fantastic condition throughout. The pub is considered a successful, upmarket community pub with a high rate of sale, known for its great food offering. The interior consists of a large sales area with a bar, restaurant and function room, all with a rustic, farmhouse aesthetic, making an enjoyable dining experience. A great selling point of this pub is its large, modern beer garden that hosts up to 65 covers to the front and 75 to the rear. Located just on the outskirts of central Fishponds, the pub is situated in a densely populated residential area and brings in a good trade. Stonegate Pub Partners are seeking a food-experienced publican to run this beautiful Bristol pub
Indoor trading area
The Cross Hands has a very large internal trading area, divided into three main areas with 90 covers. The pub also boasts an upstairs function room for 80, ideal for a publican seeking to earn extra takings. The internal décor is modern whilst keeping a traditional pub feel with wooden rustic furniture, a bespoke forest green bar and vibrant chalk boards advertising upcoming offers. The Cross Hands has a well-equipped trade kitchen ideal for dealing with a busy catering operation and the bar offers a range of cask ales, making it a food and wet led pub.
Outdoor trading area
The outdoor trading area boasts a modern beer garden with 65 covers to the front of the pub, ideal for a smoking area or people watching. The rear of the pub hosts 75 people and is a beautiful location for afternoon drinks during the warmer months and is a great selling point for trade. This area is lined with outdoor décor such as built-in planters and aesthetic pagodas.
Your living accommodation
The private accommodation consists of two-bedrooms, a lounge and a kitchen, all in good decorative order.
Surrounding area
The Cross hands is situated in a large suburb of Bristol, approximately 3 miles North-East of the city centre of Bristol with great attractions and easy links to the surrounding areas and motorway network. This local is ideal from Bristol residents to enjoy a drink outside the hustle and bustle of the city. This pub is positioned within a residential area, bringing in extra trade from the surrounding local residents.
Local competition
Porto Lounge,Fishponds Road, Bristol, BS16 3BS (0.2 mi)
Full Moon,Fishponds Road, Bristol, BS16 3TT (0.3 mi)
Van Dyke Forum,Fishponds Road, Bristol, BS16 3UA (0.3 mi)
Old Post Office,Fishponds Road, Bristol, BS16 3TT (0.3 mi)
Crown,High Street, Bristol, BS16 5HP (0.4 mi)
Pubs To Let In Bristol – The Cross Hands Is Now Available !
The Cross Hands Bristol
Potential Turnover
£636,000.00 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: £47,500.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND G
The proposed agreement: Partnership Incentive Lease
Your Incentive: £79,000.00
Your Incentive Volume Target: 1800 brewers barrels (36 gallons)
The incentive payment is calculated by a lump sum plus a volume related bonus. Payable upon achieving a minimum volume target on the 10th anniversary of the lease. If you fail to achieve the target no incentive payment will be made; if you exceed the target your incentive payment will grow.
(Key terms available online here).
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
£21,850.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £47,500.00), 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
£25,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£28,700
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 Cross Hands Bristol
Regional Manager’s thoughts on the Cross Hands
This really is a great high-quality operation and is ideally suited for an experienced caterer to maintain or even grow the existing business. The site is well-known for its brilliant food offer as it boasts an extensive trade kitchen, so a food-led publican is ideal for this location.
Keith, Regional Manager
