If you are looking for pubs to let in Watchet, The Washford Inn is available.
here at Love Your Pub, we know all about the best pubs to run.
To take the next steps towards a career in hospitality, click the link below.
Make an Enquiry
Pubs To Let In Watchet – The Washford Inn Is Available !
Pubs To Let In Watchet – The Washford Inn Is Available !
Great Pub in a perfect location
What would you do with this pub to make it a success.
The area
The Washford Inn is located in the town of Washford, on the main road to Minehead. It sits adjacent to the West Somerset Railway and close to Exmoor and Quantock Hills. The pub is surrounded by rural housing.
Demographics
The pub benefits from being one of 2 pubs found within a 20-minute walk. The local customer base is made up of older rural homeowners, village families. A business is also driven by tourist visiting the area making full use of the 8 en-suite letting rooms.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through social media / marketing strategy.
The site currently has the ability to drive trade with great promotions and maximising its great location. Also, by offering a selection of a pub classic menu, popular beers, ciders, wines and spirits, and coffees in a warm and welcoming surrounding.
Trading Area & Facilities
Main large trading area with bar
Designated dining area
60 internal covers
Catering kitchen
8 En-suite letting rooms.
Large garden area
Large car park with
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom
Annual Rent £21,189
Estimated Annual Turnover £323,100
Deposit £5,297
Estimated Fixtures & Fittings Value £15,000
Estimated Stock Valuation £7,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £30,797
Estimated Minimum Ingoing Costs £12,266
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.
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 pub will have extensive experience in a similar hospitality business. They will have a clear vision for their marketing strategy, food & drinks menu 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…
