The Falcon Felixstowe
The Falcon Felixstowe is located in the Walton area of Felixstowe less than a mile from the great beaches of this Suffolk Coastal town. It is located on the High Street surrounded by shops including an independent bakers and is in the heart of its community. There is just one other pub nearby. Felixstowe has a growing population of 27,500 and the Walton area is largely residential with good demographics. The town has the largest container port in the UK and is a key local employer.
Pub Layout – The Falcon Felixstowe
The Falcon Felixstowe has undergone a refurbishment in 2018 and is in excellent condition. On entrance you are greeted by a large centre island style bar with seating all around. Within the main bar there is a pool table and darts oche, a separate room which can also be used for darts or private functions. Externally there is a small car park to the rear housing approximately 8 vehicles. The Falcon also separate external drinking areas with a pavement seating at the front, a side patio area and a part grassed garden to the rear which has a good amount of covers for a high street location. The new kitchen is just off the bar area with the potential to deliver a small but quality bar food operation.
TRADING STYLE AT THE FALCON FELIXSTOWE
Trading Style The pub currently trades as a drinks focused operation serving the locals and visitors / tourists and port workers. There is scope for more pub sport teams and a simple but quality bar led food offer. Openining times can be enhanced and the right operators should feel they can make the Falcon the heart of the community. Proposed opening times – Currently on reduced trading hours, please check before visiting. The pub should trade as all day every day moving forwards.
The private accommodation at The Falcon Felixstowe consists of three bedrooms above the pub all in good order with a private bathroom and kitchen. There is also a private entrance at the rear of the property.
FINANCIAL – The Falcon Felixstowe
Annual Rent: £25,800
Security Deposit: £5,000
Working Capital: £5,000
Fixtures and Fittings: Upon Valuation – funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £250 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
BDM VISION – The Falcon Felixstowe
The Falcon has not reached its full potential and the current Tenant has decided to move on to pastures new. This is a real opportunity for somebody to be able to move the business forward and by driving the launch of a small food offering, simple aspects like quality cask ale, a good food offer, sports teams and a more active social media presence will quickly develop the trade further. Admiral are looking for a licensee with great vision and local knowledge to really unlock this pub’s potential.