Are you looking for pubs to let in Nailsworth (Gloucestershire)? If so why not run The Britannia Inn as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Britannia Inn 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!
The Britannia is an imposing Cotswold Stone building ideally located at the end of the busy High Street of Nailsworth. It sits within a popular area of Gloucestershire, approximately 3.5 miles South of Stroud in the pretty wooded Woodchester Valley. It benefits from trade brought to the area for shopping, walking, dining out and for football as Forest Green Rovers ground is situated only one mile away. The pub has a large open plan trade area with many original features and the ability to seat approximately 80 with gardens to the front and rear. Stonegate Pub Partners are looking for an experience publican to continue the quality food offering.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pubs To Let In Nailsworth – Run The Britannia Inn Now !
The Britannia Inn Nailsworth
Potential Turnover
£618,000.00 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: £48,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND E
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
£19,500.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £48,000.00), 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
£20,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£33,500
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 Britannia Inn Nailsworth
Regional Manager’s thoughts on the Britannia Inn
The Britannia Inn already has a good customer base built up by the current publican, and the right applicant could have the opportunity to expand on that further. It would ideally suit an experienced operator or couple with the expertise to run a busy kitchen efficiently with a good quality food offering throughout the day that is suitable for daytime grazers to evening diners. I look forward to discussing ideas with an enthusiastic applicant.
Simon, Regional Manager
