If you’re looking for pubs to let in Watchet, run The West Somerset Hotel !
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Pubs To Let In Watchet – The West Somerset Hotel Is Available !
Oh I do love to be beside the seaside….
The West Somerset Hotel is a giant of a pub, with room galore to entertain your guests. This is a community pub at it’s heart and provides a welcome home from home for the many visiting tourists during the warmer months.
With a large commercial kitchen, 8 ensuite rooms, two skittle alleys, a pool room and a sunny courtyard garden, this business has the flexibilty and scope to cater for a wide variety of guest needs; a family lunch, Euro Football matches, team sports, quiz nights and live music all obvious choices, but what could you imagine?
If you have plenty of energy and ideas, then this could be the perfect pub for you.
Private Accommodation
There is a small, self contained flat available with two rooms and there is a separate area with 3 further rooms although this area would need modernisation. It could also be used for future guest room development.
The accommodation is unlikely to suit the needs of a family but could also serve as staff quarters if the business owner lives off site.
Forecast Turnover: £479,682.88
Year 1 Rent: £28,000.00
Guide Rent: £42,000.00
Initial Deposit: £0.00
Full Deposit: £10,500.00
Full Tie Release: £64,000.00
Agreement Fee: £750.00
Repair Fund: £2,800.00
Fixtures & Fittings: Approx. £25,000.00
Working Capital: £10,000.00
Stock & Glassware: £6,000.00
Cash Float: £500.00
Forecast Wet Turnover: £301,918.43
Forecast Dry Turnover: £111,624.42
Forecast Other Turnover: £66,140.03
This business has been run to maximise the wet led trade and we are now seeking an operator to embrace the potential with food and rooms. This is a highly seasonal business which does bring its own set of unique challenges, so you would need a really clear vision of how to maximise the summer months whilst ensuring you remain the heart of the community.
