Pub Overview The Kings Arms is located in the village of Cleobury Mortimer, opposite the Parish church. The pub is surrounded by restaurants pubs and shops. There is also a camping site nearby. The pub benefits from being one of 6 pubs found in an area of around 3021 adults. The main customer base is made up of families and midlife and mature adults. Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through food & drinksoffer. What food & drinks would you look to implement in the pub? The site currently has the ability to drive trade via the 3 letting rooms, entertainment and a good food and drinks offer. Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you. Understanding of the local community You know what it takes to build a successful business You love hospitality and are great with customers and have a drive to succeed 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 Trading Area & Facilities One bar operation Separate dining area in conservatory 45 internal covers 50 external covers Catering kitchen Garden to rear Private Accommodation The pub does have private accomodation. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £25,725 Estimated Minimum Ingoing Costs £10,408 Annual Rent £16,900 Estimated Annual Turnover £246,358 Deposit £4,225 Estimated Fixtures & Fittings Value £12,500 Estimated Stock Valuation £5,500 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 Download arrow Energy Performance Certificate Download arrow