Gallery View
Key Highlights
- Community local in the heart of Clapham just North of Bedford
- Great opportunity to grow food trade
- Large grass garden with al fresco area
- Potential major investment planned including opening into one bar, new toilets and signage
Pub Overview
Situated in the heart of the charming north Bedfordshire village of Clapham, the Fox and Hounds currently operates as a two-bar community pub with a charming garden and children’s play area.
With a prominent position just off the A6 bypass to Rushden and a short drive from central Bedford, the Fox and Hounds is ideally placed to maximise sales potential.
Suitable Applicants
Experienced operators from other managed or tenanted backgrounds with a commitment to great hospitality would suit the Fox and Hounds nicely. As an established, popular yet manageable venue, a focus on traditional pub catering and the motivation to drive a mid-week sales plan would broaden the pub’s appeal beyond its established clientele.
Financial Overview
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
|
Security Deposit Paid in advance to Wells & Co. Ltd, held to cover credit and rental charges. Returnable at the end of the agreement. |
10,000 |
|
Valuers Fees |
£910 |
|
Advanced Rent One months rent in advance |
£1,250 |
|
Administration Fee Payable to Wells & Co. Ltd in advance, to cover e.g. premises license changes, solicitors fees, and agreement. |
£510 |
|
Minimum Working Capital Required |
£4,000 |
|
Stock and Glassware Paid to the outgoing licensee on the day of changeover) to cover the value of opening stock |
£5,000 |
|
APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings. |
£22,000 |
ANTICIPATED RETAINED INCOME
|
Drink Sales |
90% |
|
Food Sales |
10% |
|
Room Sales |
0% |
Ongoing Costs
|
Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) |
£90 p/w |
|
Accountancy Services Fees for a nominated accountant |
£68 p/w |
|
Stocktaking Services We recommend all licensees should have six professional stocktakes per annum |
£26 p/w |
Pub Details
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team
