If you are looking for pubs to let in Wales, The Blacksmith Arms Llantwit Major is available !
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Pubs To Let In Wales – The Blacksmith Arms Llantwit Major Is Available !
Pubs To Let In Wales – The Blacksmith Arms Llantwit Major Is Available !
A major refurbishment to its exterior will transform the Blacksmiths Arms into a premium local pub with fantastic outdoor trading space. The interior of the pub is in excellent condition.
The beer garden will be rejuvenated, providing a lot of additional covers. We plan to create a ‘raised terrace in the enclosed garden space. We will upgrade the existing space with flagstone paving, and will also add festoon lighting, planters, and new furniture. The pubs frontage will receive a major overhaul, with new signage and lighting. This will amplify the pubs kerb appeal and make it stand out to passing trade.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pub Overview
Amazing external refurbishment planned
A major refurbishment to its exterior will transform the Blacksmiths Arms into a premium local pub with fantastic outdoor trading space. The interior of the pub is in excellent condition.
The beer garden will be rejuvenated, providing a lot of additional covers. We plan to create a ‘raised terrace in the enclosed garden space. We will upgrade the existing space with flagstone paving, and will also add festoon lighting, planters, and new furniture. The pubs frontage will receive a major overhaul, with new signage and lighting. This will amplify the pubs kerb appeal and make it stand out to passing trade.
Beautiful countryside
The Blacksmiths Arms is in Llantwit Major. Llantwit Major is a town and community in Wales on the Bristol Channel coast. It is one of four towns in the Vale of Glamorgan, with the third largest population after Barry and Penarth, and ahead of Cowbridge. This pub sits on the edge of the village, close to the countryside whilst the centre is about 10 minutes’ walk away from the nearest pub with a population showing a higher level of affluence.
A pub business with potential
The planned refurbishment will create an all-new reason to visit the pub with it’s brilliant outdoor space. These changes will give the pub the ability to appeal to a broad spectrum of consumers, throughout the year, who want to meet friends for a drink or to dine. This pub has bags of potential. All we are looking for is the right operator…
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring
The right operator for the Blacksmiths will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Target customers:
The newly refurbished Blacksmiths will appeal to
Locals, including couples and friends wanting to enjoy a casual drink or premium pub food.
Older couples and friends looking for a lunchtime treat and a venue for special occasions.
Families with children looking to eat in the cosy dining area or in the beer garden in warmer months.
Offer:
When refurbished, the Blacksmiths will offer: –
A great premium drinks selection including beers, ciders, wines, and spirits.
A destination food-offer sourced locally.
Great coffee to entice customers throughout the day.
Entertainment such as weekly music combined with a good and varied rhythm of the week.
Pubs To Let In Wales – The Blacksmith Arms Llantwit Major Is Available !
Trading Area & Facilities
The Blacksmiths will be undergoing a refurbishment which will cover the exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- Zoned dining space
- 60 internal covers
- 60 external covers
- Catering kitchen
- SmartDispense
- Raised Terrace in the enclosed garden area Click or tap here to enter text.
- Car park
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, bathroom, kitchen,
Pub Financials
| Annual Rent | £
36,003
|
| Estimated Annual Turnover | £
525,689
|
| Deposit | £
9,000
|
| Estimated Fixtures & Fittings Value | £
20,000
|
| Estimated Stock Valuation | £
10,000
|
| Estimated Working Capital | £
3,500
|
| Estimated Total Ingoing Costs | £
42,500
|
| Estimated Minimum Ingoing Costs | £
42,500
|
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month’s rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month’s rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month’s rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The right operator for the Blacksmiths will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
