The Old Colonial is located on the seafront of Weston-Super-Mare. The pub is popular with locals and tourists alike, just a a 5-minute stroll along the promenade to the Winter Gardens Pavilion and the Sea Aquarium. Inside the Old Colonial is a bar/dining area serviced from one central servery. There is a strong community feel, with pool table and zoned areas for dining and drinking. Outside there is a front patio overlooking the pier and sea. The pub also benefits from a popular 10 bedroomed hotel with a separate entrance.
The pub benefits from a large car park which is available to customers travelling from further afield. Currently, the Old Colonial is performing well as we are just going into the winter months with weekly sales of around £12,500 and a split of 45/55.
There is a 3 bedroom flat and a 1 bedroom flat accommodation available onsite.
Our Community Food Partnership is perfect for people with pub or restaurant experience, passionate about pubs and obsessed with serving great food and an unforgettable experience every time! With low ingoing costs, and all the training and support you need to set you up for success, this is a great way of running your own business. This is an opportunity to earn an unlimited potential of sales backed up with a guaranteed annual retained sum to provide you with some peace of mind.
What’s in it for you?
* 26% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £35K (released weekly)
* Incentive bonuses based on business performance and standard audits.
* Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost.
* Accommodation included with most bills covered, except the council tax & TV Licence