Gallery View
Key Highlights
- Turnover in excess of £460k per annum
- Formally an award-winning food-led pub
- 50 designated dining covers and separate bar area
- Attractive garden, courtyard and parking for thirty vehicles
- Payment plan available for fixtures and fittings
- 4/5 bedroom living accommodation
Pub Overview
Formally an award-winning, food-led destination pub in the affluent Buckinghamshire village of Stoke Mandeville, The Bell offers a golden opportunity for a motivated new operator to capitalise upon its extensive trading area. Boasting seating for 50 covers and a patio for al fresco eating, supported by a fully equipped trade kitchen and ground floor cellar, the pub’s dining credentials are clear to see; drinkers meanwhile are catered for by a separate bar area and delightful garden. Whether you are looking for a quiet morning coffee, a few drinks with friends or a memorable dining experience, The Bell has something to delight all who visit it.
Suitable Applicants
The Bell has much to offer experienced operators with the vision to take full advantage of its facilities, location and inviting look and feel. Experience of operating a food-led business is essential, while the skillset to effectively market all the pub has to offer will create new opportunities for The Bell. Strong commercial and financial skills are required, complemented by a passion for providing fantastic hospitality.
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. | £27,416 |
| 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. Note - If the business is to be run as a limited company, personal guarantors from each company director are required. | £8,000 |
| Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock. | £5,000 |
| 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 | £550 |
| 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) | £2,666 |
| 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. | £14,000 |
Ongoing Costs
| Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) | £2,469 |
| Accountancy Services fees for a nominated accountant | £3,800 |
| Stocktaking Services We recommend all licensees should have six professional stocktakes per annum | £1,810 |
| Rent In the region of (payable monthly in advance) | £32,000 |
Pub Details
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team
