The Rose & Crown
Newport Pagnell

The Rose & Crown

  • The Rose & Crown gallery image
  • The Rose & Crown gallery image
  • The Rose & Crown gallery image
  • The Rose & Crown gallery image
  • The Rose & Crown gallery image
  • The Rose & Crown gallery image
  • The Rose & Crown gallery image
Gallery View

Key Highlights

  • Popular town centre community pub
  • Lounge and public bar in excellent condition
  • Strong reputation locally for regular events calendar
  • Opportunity to develop both food and drink menus
  • Small car park to rear patio area

Pub Overview

The pub trades in two separate bar areas, comprised of a bar/games room and a lounge complimented by a beautiful fireplace, that can comfortably accommodate 32 covers. It is traditionally a wet-led business and there is an opportunity for further development via the continuing of its real ale portfolio, as with the simple selection of quality homemade food currently on offer.

The Rose and Crown has a well planned events calendar ranging from talented musicians, games, street food vendors and quiz nights, providing entertainment for all consumer types. The pub has a lovely garden where children and four legged friends are always welcome.

Suitable Applicants

The Rose and Crown would suit a hands-on operator committed to providing great hospitality and motivated to engage with the local community. The ideal applicant will have the experience to build upon the pub’s already strong reputation for cask ale, events activity and along with catering experience to develop the food offer.

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
£25,800
Security Deposit
Payable in advance to Wells to cover charges incurred by your business - trading as a Ltd Co
£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
£500
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
£7,500
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)
£1,667
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)
£20,000

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)
£3,832
Accountancy Services
Fees for a nominated accountant (in the region of)
£3,284
Stocktaking Services
Six professional stocktakes per annum recommended
£1,302
Rent
In the region of (payable monthly in advance)
£20,000
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Silver Street, Newport Pagnell, Newport Pagnell, Buckinghamshire, MK16 0EG
Community local
Total Investment 20k - 30k
Enquire About This Pub

Could this be the pub for you?

Please ring 01234-244453 to speak with our recruitment team.