The Plough, Stony Stratford

The Plough, Stony Stratford

  • The Plough, Stony Stratford gallery image
  • The Plough, Stony Stratford gallery image
  • The Plough, Stony Stratford gallery image
Gallery View

Key Highlights

• Popular wet-led community pub

• Town centre location at the top of the high street

• Great reputation amongst local sports fans

• Profit potential in the region of £30,000 per year, plus gaming income

• Payment plan available for fixtures and fittings

Pub Overview

The Plough is a friendly, traditional pub in the heart of Stony Stratford, near Milton Keynes. Enjoying a prominent location near the town’s high street, its thoughtful selection of real ales, wines, spirits and soft drinks is complemented by a popular food offer, with its delicious and great value breakfasts a particular hit amongst its loyal regulars.

Suitable Applicants

The Plough would benefit from an experienced couple with strong personalities and entrepreneurial flair to develop the existing trade, especially through calendar events. Knowledge of the local area and the ability to engage with the community would be ideal.

Financial Overview

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. £21785
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. £8,250
Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock. £3,500
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)  £2333
Working Capital Minimum working capital required £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.  £20,000
ANTICIPATED RETAINED INCOME
Drink Sales
Food Sales
Room Sales
Gaming Machines

Ongoing Costs

Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) £2,391pa
Accountancy Services fees for a nominated accountant £2,600pa
Stocktaking Services We recommend all licensees should have six professional stocktakes per annum £1,600pa
Rent In the region of (payable monthly in advance) £28,000pa
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

London Road, Stony Stratford, Buckinghamshire, MK11 1JA
Destination community wet
Total Investment 20k - 30k
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team