The Two Boats
Long Itchington

The Two Boats

  • The Two Boats gallery image
  • The Two Boats gallery image
  • The Two Boats gallery image
  • The Two Boats gallery image
  • The Two Boats gallery image
  • The Two Boats gallery image
Gallery View

Key Highlights

  • Stunning canal side pub with outside seating directly on canal and moorings
  • Charming detached property in large grounds and garden
  • Ample car parking and on cycle path route
  • Prominent position by the main road
  • Planned new signage - as shown on brochure

Pub Overview

The Two Boats is a friendly traditional village pub set by the canal, ideal for walkers, cyclists and boats, with a great opportunity for people watching with benches set out on the canal path. This pub offers a holiday feel to anyone visiting but also has a solid community following with regular events such as bingo and quizzes. The pub currently offers a good tradional food offering with a choice of excellent beers and ales. There is also a large car park and garden area.

Suitable Applicants

This business would ideally suit an experienced couple who are passionate about getting involved with the local community and passing visitors alike. Catering skills would be a real benefit as there is great potential to build on the food offer at The Two Boats.

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
£21,200
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)
£7,500
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
£400
Working Capital
Minimum working capital required
£5000
Stock & Glassware
In the region of to cover the value of opening stock
£5,000
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings.
£800
Advanced Rent
In the region of (usually 1 month) - negotiable
£2,500
Fixtures & Fittings
 Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)
£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)
£335 p/m
Accountancy Services
Fees for a nominated accountant (in the region of)
£264.50 p/m
Stocktaking Services
Six professional stocktakes per annum recommended
£113 p/m
Rent
In the region of (payable monthly in advance)
£30, 000
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Southam Road, Long Itchington, Warwickshire, CV47 9QZ
Destination community wet
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team