• Fair Maintainable Trade* (FMT) Net Turnover: £816k per annum
  • Rent: 9% of turnover with base of £62,500
  • Wet/Dry split: 50%/50%
  • Successful and long established history of high trading figures
  • Large footprint with extensive bar trade and dining area
  • Located in a vibrant residential area with a high tourist footfall
  • Great facilities with accessible car park, large cellar and kitchen
  • Identified for investment with Hall & Woodhouse funding to build on existing trade

The accommodation at the Amberwood is really extensive and is accessible from either the pub or from the road.  The accommodation comprises 4 large bedrooms, a bathroom/wc, a second shower/wc , a kitchen, office and two lounges. The lay out allows a certain degree of flexibility as it has the potential to be split into different areas.

Bedrooms – 4

Private kitchen – Yes

Lounges – 2

Office – Yes

Bathrooms – 2

Top Line Figures

  • Rent: 9% of turnover with base of £62,500 per annum
  • Initial Investment: £53,500
  • Fair Maintainable Trade* (FMT) Turnover: £816,000 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,000 plus VAT
  • Working Capital: £10,000
  • Fixtures & Fittings: £35,000 including loose catering equipment (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

 

Additional Information

  • Estimated Wet/Dry Split: 50%/50%
  • Business Rates: Approx. £31,218
  • Available From: 01/07/2022
  • Closing Date: 01/03/2022
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year*
  • 175
  • 2760
  • 200
  • 2280
  • Last Year*
  • 141
  • 2080
  • 140
  • 1660
  • 2 Years Previous
  • 254
  • 3610
  • 260
  • 3140

Trade
Asset 2

As The Amberwood attracts trade from several different markets it benefits from trading consistently through both daily and weekly sessions. The senior market primarily frequent daytime and early evening dining sessions, whilst the bar has a buoyant early evening trade. Later in the evenings the guest base is generally younger and this is also reflected when live entertainment takes place. Naturally the large number of wake functions take place during the day.

*Trade volumes have been affected by Covid-19 lockdown closure periods.


“The Amberwood is an outstanding pub and the business and will require an experienced and flexible operator. For many years it has combined a busy bar trade with a loyal customer following for food, and any operator would need to be able to maintain this and add a younger market through a more contemporary feel and offer. Functions, especially wakes, are a key aspect of the site with an ability to attract and manage this aspect a key.  We’re looking for applicants with great marketing skills, strong financial management and a passion for hospitality.”

Ian Pearson

Business Development Partner, South West Region

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