Gallery View
Key Highlights
- Rent 50% discount Yr1 and includes Private Accommodation - amazing!!!
- Well positioned road side location just outside the town centre
- Fantastic well presented outdoor area suitable for al fresco dining
- Well equipped catering kitchen and ample external storage
- One bar serving all areas of the business allowing operating costs to be easily managed
- Payment plan for Fixture and Fittings offered to the successful business operator
Pub Overview
The Foresters is presented as a quality neighbourhood premium community local pub, serving locally brewed cask ales and a modern contemporary food offering. Sat in the heart of a very desirable residential area of Bedford and just a short walk from the town centre, there is a fantastic opportunity for a passionate community operator to take full opportunity of a well run and established business. The pub benefits from seating for 38 covers and a very well presented 50 cover patio for al fresco dining, supported by a fully equipped modern trade kitchen and basement cellar. Whether guests are looking for a quiet morning coffee, a spot of lunch, a few drinks with friends or a place to celebrate a birthday, The Foresters Arms is a great place to visit offering something for everyone!
Suitable Applicants
The Foresters needs a big personality with a hands-on approach to take over this massive opportunity, must have a passion for craft beer and the ability to make this pub a real hub of the community. Marketing and social media skills a must sit high on your agenda, the real question is why should we come to your pub? Can you convince us? There’s a very attractive deal for the right business operator.
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 |
£14,750 |
|
Security Deposit Payable in advance to Wells to cover charges incurred by your business. If your business is to operate as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors |
£5,000 |
|
Training Course Fees Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people |
£0 |
|
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement |
£0 |
|
Working Capital Minimum working capital required |
£5,000 |
|
Stock & 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 Fee In the region of( paid to valuer) for valuing fixtures and fittings.Minimum working capital required |
£0 |
|
Advanced Rent In the region of (usually 1 month) - negotiable |
£1,250 |
|
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment |
£TBC |
ANTICIPATED RETAINED INCOME
|
Drink Sales |
70% |
|
Food Sales |
30% |
|
Room Sales |
n/a |
Ongoing Costs
|
Service Charge Include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) |
£71 p/w |
|
Accountancy Services Fees for a nominated accountant |
£82 p/w |
|
Stocktaking Services Six professional stocktakes per annum |
£18,50 p/w |
|
Rent In the region of (payable monthly in advance) |
£ neg |
Pub Details
Could this be the pub for you?
Call our recruitment team on 01234-244453
