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 |
Pub Details
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team
