Pub Overview
The Crown is located in the town of Flitwick close to Bedford. The pub is surrounded by residential housing with a few commercial premises nearby. It’s near to the station with a highly populated immediate area.
The pub benefits from being one of 4 pubs in the local vicinity. The Crown customer base is made up of all ages gathered from both the local residential properties as well as customers from slightly further afield travelling from Bedford.
Available on our foundation tenancy agreement. The potential of this pub lies in introducing a well thought through classic pub style, all day food & drink offer. What food & drinks would you look to implement in the pub?
The site currently has ability to drive trade via the introduction of food, driving a rhythm of the week via live sports, live entertainment and selection of pub games, such as pool and darts.
We’re always open to new ideas, what would you do to drive trade?
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 food & drinks menu and sports 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...
Features
* Car Park
* Catering Kitchen
* Foundation Tenancy
* Live Sports
* Outdoor Trade
* Private Accommodation
* Smoking Area
* Smoking Solution
Trading Area & Facilities
* Restaurant and bar area
* 32 internal covers
* Large outside space with decking area
* Catering kitchen
* Ample outdoor space
* SmartDispense
* Car park for 25 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom.
Pub Financials
Estimated Total Ingoing Costs: £33,262
Estimated Minimum Ingoing Costs: £13,421
Annual Rent: £29,047
Estimated Annual Turnover: £327,600
Deposit: £7,262
Estimated Fixtures & Fittings Value: £15,000
Estimated Stock Valuation: £7,500
Estimated Working Capital: £3,500
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.
Downloads
* Demographics Report
* Energy Performance Certificate
#J-18808-Ljbffr