- Traditional village pub with a loyal customer base.
- Well-equipped catering kitchen and opportunity to build food sales.
- Attractive gardens and ample parking.
- Profit potential in the region of £30000 per year; two months' rent free.
- Payment plan available to purchase fixtures and fittings; first year's rent negotiable.
Enjoying a prominent location on the main road running through the beautiful Bedfordshire village of Maulden, the Dog & Badger boasts an enviable reputation regionally as a popular meeting spot for drinkers and diners alike. An unpretentious menu of hearty pub fare is supported by a well-kept selection of real ale, while the pub’s 25-cover restaurant area is a frequent haunt for the residents of Maulden. With a sizeable garden and children’s play area for the warmer months and a roaring open fire in the inviting bar area for colder nights, the Dog & Badger is a year-round favourite with its loyal customer base.
The Dog & Badger would ideally suit an experienced catering couple with a desire to become central figures in Maulden village life. The figureheads of this popular pub must become renowned for their consistently warm welcome, impeccably high standards, and the skillset and empathy to build and retain a strong team who reflect these values.
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
|APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings.||£18,450|
|Security Deposit Approximate figure, paid in advance to Wells & Co. Ltd held to cover credit and rental charges. Returnable at the end of the agreement.||£8,750|
|Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock.||£3000|
|Valuers Fees In the region of( paid to valuer) for valuing fixtures and fittings.Minimum working capital required||£800|
|Training Course Fees Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people||£500|
|Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement||£400|
|Advance Rent In the region of (usually 1 month)||£0|
|Working Capital Minimum working capital required||£5,000|
|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.||£22,205|
|Rent In the region of (payable monthly in advance)||£12,000pa|
|Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)||£1,820pa|
|Accountancy Services Fees for a nominated accountant||£2,600pa|
|Stocktaking Services We recommend all licensees should have six professional stocktakes per annum||£1,560pa|
Two Months Rent Free Offered
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team