The Olde Coach House Inn
Ashby St Ledgers, Rugby

The Olde Coach House Inn

  • The Olde Coach House Inn gallery image
  • The Olde Coach House Inn gallery image
  • The Olde Coach House Inn gallery image
  • The Olde Coach House Inn gallery image
  • The Olde Coach House Inn gallery image
  • The Olde Coach House Inn gallery image
  • The Olde Coach House Inn gallery image
Gallery View

Key Highlights

  • Detached pub in the beautiful village of Ashby St Ledger recently refurbished
  • 70 dining covers in a rustic trading area with open fires
  • 17 well presented ensuite letting guest rooms
  • Garden and courtyard for al fresco dining
  • Plenty of customer parking

Pub Overview

The Olde Coach House is a gorgeous idilic village pub in a stunning area, with lots of charm and character. There is a good local following and guests also come from far and wide to enjoy this beautiful destination pub and letting rooms.

Suitable Applicants

This site would suit a experienced destination food operator who also has experience in letting rooms, therefore the successful partner would need good around hospitality skills and be used to running a business of similar nature.

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
£37,825
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)
£16,875
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
£15,000
Stock & Glassware
In the region of to cover the value of opening stock
£6,000
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
£5,625
Fixtures & Fittings
 Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)
£45,000
ANTICIPATED RETAINED INCOME
Drink Sales
FMT
28%
Food Sales
FMT
37%
Accommodation
FMT
35%

FMT = Fair Maintainable Trade

Ongoing Costs

Service Charge
Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)
£390.00 p/m
Accountancy Services
Fees for a nominated accountant (in the region of)
£347.50 p/m
Stocktaking Services
Six professional stocktakes per annum recommended
£140.00 p/m
Rent
In the region of (payable monthly in advance)
£67,500 p/a
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Ashby St Ledgers, Nr Rugby, West Midlands, CV23 8UN
Destination food
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team.