If you are looking for pubs to let in Somerset, The Kings Arms Taunton is available !
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Pubs To Let In Somerset – The Kings Arms Taunton Is Available !
This is a rare opportunity to take on a business that is run to impeccable standards with a immense amount of local support.
The business will be transitioning from our managed estate so that you can add the local magic to this already successful business. Whilst the core business is strong, it needs a leader that can react quickly to consumer demands, immersing the business in local activity and becoming the true heart of the community.
The property is extremely well presented throughout, providing an excellent first impression into the versatile, large, open plan trading area. The room is adorned with TVs to show all the top sporting events, there is a games area and comfy seating throughout. Live music, karaoke’s and DJs are a welcome addition to the busy events programme and should certainly be something that you are keen to progress,
To the rear of the property is an excellent skittle alley hosting multiples teams already and as skittle alleys go, this is one of the best around! It doubles as a function room, featuring its’ own bar and has direct access onto the courtyard garden.
The commercial kitchen is very well equipped which, given the volume of food for both the function room and the day-to-day guests is a valuable and most welcome asset.
There is a public car park to the front of the property, with a small area owned by the pub providing the business owner with their own free parking.
Private Accomodation
As with the ground floor, the domestic accommodation is equally well presented.
On the 1st floor landing, there is a manager’s office, which is accessed separately to the accommodation. Going through the main entrance into the living accommodation, each room is light and airy with each room having generous proportions.
There are 3 bedrooms, a large kitchen which can accommodate a breakfast table and a fantastic family lounge.
Forecast Turnover: £480,810.00
Year 1 Rent: £0.00
Guide Rent: £24,000.00
Initial Deposit: £6,000.00
Full Deposit: £6,000.00
Full Tie Release: £0.00
Agreement Fee: £775.00
Repair Fund: £0.00
Fixtures & Fittings: TBC £40,000.00
Working Capital: £5,000.00
Stock & Glassware: £7,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £319,765.80
Forecast Dry Turnover: £161,044.00
Forecast Other Turnover: £14,000.00
Opportunities like this do not come along very often and we would like to appoint an exemplary, experienced business owner to continue the successful journey of this established business.
The new owner will need to hit the ground running, so we are looking for pub professionals to take the helm. Whilst we are big believers in transferrable skills and love welcoming new talent to the industry, this is one to hone your skill, not to learn it!
