If you are looking for pubs to let in Kenilworth, The Gauntlet is available !
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Pubs To Let In Kenilworth – The Gauntlet Is Available
Recently refurbished local community pub situated in a private housing estate on the outskirts of Kenilworth town centre. The site is situated in a mid-market demographic, it is a popular venue during the week and weekends and has a large target customer base that use it for social drinking and casual dining.
The Gauntlet has a large open plan trading area with a central bar with two service areas for each side of the room. The trading area is zoned on eiether side of the central bar, creating a space for casual drinking on one side and an area designated for eating on the other. The front of the pub has a terreced trading area for drinking and alfresco eating. Earlier this year a pergola was built on the terraced with fixed seating to extend the outside trading area and the shelter allows for this space to be used all year around.
Private Accomodation
Above the pub is a three bedroom private acommodation with lounge, kitchen and bathroom. The living accomodation is in good condition and decorated throughout, ideal for a couple or family to live onsite.
FINANCIAL INFORMATION
Forecast Turnover: £411,850.81
Year 1 Rent: £27,500.00
Guide Rent: £40,000.00
Initial Deposit: £0.00
Full Deposit: £10,000.00
Full Tie Release: £35,000.00
Agreement Fee: £750.00
Repair Fund: £2,000.00
Fixtures & Fittings: £20,000.00
Working Capital: £25,500.00
Stock & Glassware: £5,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £244,581.91
Forecast Dry Turnover: £156,846.41
Forecast Other Turnover: £10,422.49
The Gauntlet is a fantastic opportunity for a retailer with a passion and enthuasim to intigrate themselves in the local community of Kennilworth. This well-established public house in very good condition throughout, surrounded by residential houses and with a good mix of regular custom. The Gauntlet is an excellent and exciting opportunity, although current business is good there is huge potential to develop trade further with an enthusiastic and hardworking publican.
