The Swan with Two Nicks, Sharnbrook

The Swan with Two Nicks, Sharnbrook

  • The Swan with Two Nicks, Sharnbrook gallery image
  • The Swan with Two Nicks, Sharnbrook gallery image
  • The Swan with Two Nicks, Sharnbrook gallery image
  • The Swan with Two Nicks, Sharnbrook gallery image
  • The Swan with Two Nicks, Sharnbrook gallery image
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Key Highlights

  • Much-loved village ‘local’ with a strong reputation
  • Large enclosed courtyard with smoking provision
  • Quality catering facilities, with opportunity to revamp both food and wet sales
  • Fair Maintainable Profit potential of £22,583
  • Payment plan available for fixtures and fittings

Pub Overview

The Swan with Two Nicks has everything one looks for in the quintessential English village pub. A two-bar operation, featuring a 30-cover lounge area for dining and a smaller ‘snug’ bar popular with its loyal crowd of regulars, the pub also benefits from a garden and courtyard with ample provision for smokers. A warm and welcoming pub with a cosy feel, the site also acts as a convenient base for local walks and nature reserves near the Great River Ouse. Enjoying a strong reputation locally for its delicious home-cooked food and well-kept beer selection, The Swan with Two Nicks has something to offer all comers.

Suitable Applicants

With a golden opportunity to refocus both the pub’s food and drinks range, The Swan with Two Nicks would suit operators with catering experience who wish to place themselves at the heart of the village of Sharnbook and its local community. A focus on a regular events programme, including collaboration with local interest groups and charities, would help to draw in customers from the wider region.

Financial Overview

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 Ltd) held to cover credit and rental charges. Returnable at the end of the agreement, or £10,000 if Ltd company

£6,000

 

Fixtures and Fittings estimated valuation (paid to the outgoing licensee via the valuer at least 7 days in advance) to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment. The successful applicant must reply upon the valuation provided by their appointed licensed trade valuer in relation to the actual sum to be paid.

£20,000

Stock and Glassware in the region of
(paid to the outgoing licensee on the day of changeover) to cover the value of opening stock.

£4,000

Valuers Fees in the region of
(paid to valuer) for valuing fixtures and fittings.

£800

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

£500

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

£400

Advance Rent in the region of
(usually 1 month)   

£1,250

Minimum Working Capital Required 

£10000

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

£22,950

 

Ongoing Costs

Rent in the region of
(payable monthly in advance)

£15,000

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)

£1,820 pa

Accountancy Services in the region of
fees for a nominated accountant

£2,600 pa

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

£1,560 pa

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

Pub Details

High Street, Sharnbrook, Bedfordshire, MK44 1PF
Community local
Total Investment 20k - 30k
Potential Partner Profit 15k pa
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team