Pub Overview
A beautiful village pub close to Bawtry.
What would you do with this pub to make it a success?
The Area:
The Blacksmiths Arms is located in the village of Everton, close to Bawtry. The pub is surrounded by residential housing.
Demographics:
The pub benefits from being one of 4 pubs found in an area of around 779 within a 10-minute walk time adults. The Blacksmiths Arms customer base is made up of midlife and mature adults.
The Offer:
Available on our foundation tenancy agreement. The potential of this pub lies in developing a strong food & drinks offer. What food would you look to implement in the pub?
The site currently has the ability to drive trade via multiple revenue stream opportunities, benefits from a large catering kitchen, attractive beer garden, sports area for pub games and live sports and four letting rooms.
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, marketing strategy and entertainment 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
* Foundation Tenancy
* Catering Kitchen
* Outdoor Trade
* Function Room
* Private Accommodation
Trading Area & Facilities
* Main trading area with bar
* Separate dining room
* 40-60 internal covers
* Large catering kitchen
* Conservatory area for additional covers and functions
* SmartDispense
* 4 letting rooms
* Large beer garden
* Car park with approximately 20 spaces
Private Accommodation
Private accommodation consists of two bedrooms, a living room, kitchen, bathroom.
Pub Financials
Estimated Total Ingoing Costs: £32,764
Estimated Minimum Ingoing Costs: £13,588
Annual Rent: £25,056
Estimated Annual Turnover: £360,275
Deposit: £6,264
Estimated Fixtures & Fittings Value: £15,000
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
* Energy Performance Certificate
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