The Rose & Crown - Sales Share Agreement, Newport Pagnell

The Rose & Crown - Sales Share Agreement, Newport Pagnell

  • The Rose & Crown - Sales Share Agreement, Newport Pagnell gallery image
  • The Rose & Crown - Sales Share Agreement, Newport Pagnell gallery image
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Key Highlights

  • Ready for a new challenge in your career?
  • Feeling constrained in your current role?
  • Excited to unlock your potential?
  • Strong reputation locally for events calendar
  • Opportunity to develop both food and drink sales

Pub Overview

A cosy Newport Pagnell pub with a reputation for its welcoming, friendly atmosphere, the Rose and Crown enjoys an enviable location just off the town’s bustling high street. The pub trades in two separate bar areas, comprised of a bar/games room and a lounge – complete with beautiful fireplace – that can comfortably accommodate 32 covers. Its traditionally wet-led trade is primed for development via the expansion of its real ale portfolio, as is the simple selection of quality homemade food currently on offer. The Rose and Crown is also renowned for its lively events calendar; hosting a range of talented musicians, games and quiz nights, the pub has something to entertain all comers. 

Suitable Applicants

The Rose and Crown would suit a hands-on operator committed to providing great hospitality and motivated to engage with the local community. The ideal applicant will have the experience to build upon the pub’s already strong reputation for events activity along with catering experience to develop the food offer. 

Financial Overview

ANTICIPATED RETAINED INCOME

We estimate the income from this pub would be as follows:

Drink Sales

35%

Food Sales per person
(payable to Charles Wells Ltd) 5 day CRISP induction course mandatory for all licensees – NB £800 for two people.

95%

Room Sales in the region of
(payable to Charles Wells Ltd in advance) to cover e.g. premises license changes, solicitors fees and agreement.

100%

Gaming Machines

50% of profit

 

ANTICIPATED INVESTMENT REQUIRED

We estimate the Investment required for this pub would be as follows:

Security Deposit in the region of
Paid in advance to Charles Wells Pub Company and held to cover credit and rental charges. Note - If the business is to be run as a limited company, personal guarantors from each company director are required. The bond specified is for a sole trader agreement. If its below £10,000 it will rise to that amount for a limited company.

£6000

 

Training Course Fees per person
(payable to Charles Wells Ltd) 5 day CRISP induction course mandatory for all licensees – NB £800 for two people.

£550

Administration Fee in the region of
(payable to Charles Wells Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement.

£750

Minimum Working Capital Required 

£2700

APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings.

£10,000

 

Ongoing Costs

Service Charge in the region of
Payable `onthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)

£2,629 pa

Accountancy Services in the region of
fees for a nominated accountant

£3210 pa

Stocktaking Services in the region of
We recommend all licensees should have six professional stocktakes per annum

£960 pa

Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Sales Share Agreement
Silver Street Newport Pagnell Buckinghamshire MK16 0EG, Newport Pagnell, Buckinghamshire, MK16 0EG
Community local
Total Investment 5k - 15k
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team