The Unicorn Inn - Close to The Cotswolds
3 months FREE rent

The Unicorn Inn - Close to The Cotswolds

  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
  • The Unicorn Inn - Close to The Cotswolds gallery image
Gallery View

Key Highlights

• 3 months free rent - saving £7,375

• Grade II listed 17th Century Coaching Inn, overlooking the Market Square

• Newly refurbished bar area and restaurant

• Exposed beams and open fires

• Private walled garden with seating and outside front area with seating

• Six ensuite letting rooms and separate function room

Pub Overview

In the heart of Deddington the Unicorn offers a beautiful building with a cosy bar and restaurant, all newly refurbished, with open fires and tradional décor, there is a lovely enclosed garden for the sunny days and a outside seating area ideal for people watching with the dog looking onto the Market place. In the evenings customers can stay in one of the six ensuite guest rooms and enjoy delicious food, great beer and a warm welcome.

Suitable Applicants

This opportunity would suit a chef and front of house couple perfectly who have experience in running a successful food and accommodation business.

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
£24,400
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
£8,700
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
Working Capital
Minimum working capital required
£10,000
Stock & Glassware
In the region of to cover the value of opening stock
£4,000
Valuers Fee
In the region of( paid to valuer) for valuing fixtures and fittings.Minimum working capital required
£800
Advanced Rent
In the region of (usually 1 month) - negotiable
£0
Fixtures & Fittings
 Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment
TBC
ANTICIPATED RETAINED INCOME
Drink Sales
Food Sales

Ongoing Costs

Service Charge
Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)
£3,400
Accountancy Services
Fees for a nominated accountant based on a £4-£7k turnover per week - £182.08 per month
£2,184
Stocktaking Services
Six professional stocktakes per annum recommended
£600
Rent
In the region of (payable monthly in advance)
£29,500
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Market Place, Deddington, Banbury, Oxfordshire, OX15 0SE
Destination community food
Potential Partner Profit £30,000
Enquire About This Pub

Could this be the pub for you?

Please ring 01234-244453 to speak with our recruitment team