The Avenue is a lively friendly community pub situated on Bristol road, just a few minutes walk from Gloucester Quays. The Avenue is a two room pub (bar and lounge) with the bar situated in the central area. There is a function room/skittle alley at the rear of the premises, a small trade kitchen for food offer and a 20 space car park.
The Avenue has a great local reputation and it needs an operator to maintain this and grow the sales further. It attracts lots of regular locals within the community.
There is a lot of potential to grow the food sales through a strong offer and advertisement. The site currently shows TNT but with sky you could grow the sports offer and live music is a 'must' to continue the already great offering.
We are looking for an experienced community operator with food knowledge, local area knowledge would be a bonus but not necessary.
The site is currently turning over £10,500 per week on a 80/20 wet lead split. There is potential to increase sales through driving additional food and drinks covers.
What’s in it for you?
* A guaranteed annual retained sum of £25k, released weekly.
* 22% share of weekly sales, excluding VAT.
* Low ingoing costs, deposits starting from £5,000 and £360 legal cost. (*deposits can vary dependant on business – ask us for more details*)
* Accommodation included with most bills covered, except the council tax & TV License.
If this is not the pub for you do you know someone who is? If so, let us know using our Refer a Friend scheme and if successful in being placed in the pub we will give you a £1,000! (Terms & conditions apply)