Gallery View
Key Highlights
- Large open plan one bar operation, fully refurbished in 2019
- Opportunity to drive sales income with new food offering
- Situated in a densely populated area of Chilwell with Large car park and enclosed rear garden
- Lower entry from £8,000
- Large, 2 storey, private accommodation
Pub Overview
The business currently attracts the local community with a predominantly wet led offering supported by pub games, weekly entertainment and satellite television. There is ample parking along with a large enclosed garden at the rear of the property.
Suitable Applicants
The ideal operator/s must have a strong and welcoming personality with the ability to build strong relationship with local community groups. It is important that the business offers excellent customer service and a friendly welcome to the locals.
The confidence to manage a strong bar trade providing a safe place for all guests combined with the ability to juggle food and wet trade and lead a team by example to deliver very high standards would be highly advantageous. Experience with marketing and financial skills is also essential.
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 |
£7800 |
|
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 |
£6000 |
|
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 |
£750 |
|
Working Capital Minimum working capital required |
£500 |
|
Stock & Glassware In the region of to cover the value of opening stock |
n/a |
|
Valuers Fee In the region of (paid to valuer) for valuing fixtures and fittings. |
n/a |
|
Advanced Rent In the region of (usually 1 month) - negotiable |
n/a |
|
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment |
n/a |
ANTICIPATED RETAINED INCOME
|
Drink Sales |
|
|
Food Sales |
|
|
Total 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) |
£2539 |
|
Accountancy Services Fees for a nominated accountant (in the region of) |
£4010 |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£960 |
|
Rent In the region of (payable monthly in advance) |
£n/a |
Pub Details
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team
