Pub Overview With nearly 8,000 people within walking distance and a good mix of age groups, this location offers great potential for the right operator. Our focus will be on quality food and drinks, with an emphasis on a pub food menu that’s currently lacking in the town Elevate Your Investment: Witness the Transformation We're looking for an entrepreneurial licensee who can take advantage of this prime location. With the planned upgrades and your vision, this pub could easily stand out in a competitive area. The pub will cater to a wide audience - from locals looking for a great meal to those seeking entertainment in a high street setting. Features Catering Kitchen Investment Tenancy Outdoor Trade Private Accommodation Refurbishment Planned Trading Area & Facilities Refurbishment planned throughout Internal covers 86 External covers 156 Catering Kitchen Smart dispense Large outdoor space Private Accommodation Private accommodation consists of 4 bedrooms, a living room, kitchen, bathroom, office and a garage. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £44,186 Estimated Minimum Ingoing Costs £44,186 Annual Rent £28,744 Estimated Annual Turnover £574,668 Deposit £7,186 Estimated Fixtures & Fittings Value £25,500 Estimated Stock Valuation £8,000 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 Download arrow Energy Performance Certificate Download arrow Refurbishment Details Download arrow