Gallery View
Key Highlights
- In the town centre with large garden to the rear
- Opposite mainline train station
- Close to shopping centre and local shops
- Grade II listed with prominent position on busy road
- Well equipped catering kitchen
Pub Overview
The Flint Cottage is a grade II listed building standing prominent on the main road with lots of character, including a working fireplace and two other fireplaces which are ornamental. The pub is open plan but boasts lots of different areas within the trading area with a mixture of both low seating for dining and higher seating for more casual drinking. There is one main servery and good size domestic kitchen, a very large basement cellar and an amazing rear garden area. The domestic accommodation is very spacious with office, shower room, kitchen, lounge and four good sized bedrooms.
Suitable Applicants
This pub would suit a experienced operator who is used to trading a busy town pub in the day time for shoppers and passing footfall, it also has the extra benefit of the train station opposite so can attract the commuters travelling into London and back, then moving trade into the later evening hours. Ideally an energetic couple who could cover both front and back of house, being able to facilitate the evening trade.
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 |
£24,200 |
|
Security Deposit Payable in advance to Wells to cover charges incurred by your business (as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors) |
£10,000 |
|
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 |
£8,000 |
|
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 |
£0 |
|
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est) |
£27,000 |
Ongoing Costs
|
Service Charge Payable monthly, to include: Cellar cooling service, Extract clean, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). Electrical Test (tenancies only) |
£4,428 p/a |
|
Accountancy Services Fees for a nominated accountant (in the region of) |
£2,371 p/a |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£1,302 p/a |
|
Rent In the region of (payable monthly in advance) |
£28,500 |
Pub Details
Could this be the pub for you?
To make an application for this business opportunity, please complete an enquiry form
and return it to us as quickly as possible, or please ring 01234 244453 to speak with our recruitment team.
