- Profit potential in the region of £40,000 per year
- 17th Century thatched centrepiece in the beautiful affluent village of Maulden, Bedfordshire
- Recently refurbished retail area, garden, decking and private accommodation
- Traditional internal features with 80 covers, open fires and a separate bar area
- Payment plan available for fixtures and fittings
Spacious, picturesque and welcoming, the White Hart has been welcoming visitors to and residents of the affluent Bedfordshire village of Maulden since the 17th Century. Entrancing all comers with its thatched roof, open fires, cosy interior and spacious front and rear gardens, the pub also enjoys a strong following for its quality food offer and regular events programme. The business has just recieved a complete internal redecoration along with the private accommodation.
Between its interior trading area and well-kept, spacious gardens, the White Hart caters to up to 140 covers. Meanwhile, its strong selection of cask ales and premium wines, complemented by a charming bar, snug and heated deck area, ensure that both diners and drinkers will find the pub to their liking. Easy transport links with nearby towns, villages and the M1 broaden its appeal to the surrounding area, helping to cement the site as one of Bedfordshire’s destination pubs of choice.
The White Hart would suit an experienced food operator, motivated to embrace village life and to enhance the pub’s already strong status as the heart of its local community. Consistently high standards and an unwavering focus on customer satisfaction are both essential.
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.||£27,700|
|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.||£10,000|
|Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock.||£6,000|
|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)||£TBA|
|Working Capital Minimum working capital required||£10,000|
|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.||£53,000|
|Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)||£1,820|
|Accountancy Services fees for a nominated accountant||£2,600|
|Stocktaking Services We recommend all licensees should have six professional stocktakes per annum||£1,560|
|Rent In the region of (payable monthly in advance)||£40,000|
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team