• Fair Maintainable Trade* (FMT) Net Turnover: over £350k per annum
  • Rent: optional fixed or turnover rent
  • Wet/Dry split: 40%/60%
  • Busy roadside location on the A31
  • Popular due to its food offering
  • Attractive landscaped rear garden
  • Focal part of the village community

 

 

The private accommodation is large and well maintained, comprising two bedrooms, one with an en-suite, a kitchen, an extensive lounge, a bathroom and office.

Bedrooms – 2

Private kitchen – Yes

Lounge – Yes

Office – Yes

Bathrooms – 1

Top Line Figures

  • Rent: £42,000 per annum or 10% of turnover
  • Initial Investment: £25,000
  • Fair Maintainable Trade* (FMT) Turnover: £370,000 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,000 plus VAT
  • Working Capital: £10,000
  • Fixtures & Fittings: £55,000 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 40%/60%
  • Business Rates: Approx. £17,000
  • Available From: Autumn 2021
  • Closing Date: 01/09/2021
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year*
  • 51
  • 790
  • 50
  • 2010
  • Last Year*
  • 52
  • 740
  • 50
  • 2010
  • 2 Years Previous
  • 91
  • 1370
  • 80
  • 3520

Trade
Asset 2

The trade comes from a variety of places but the key markets are at lunchtime, passing trade from guests travelling on the busy A31 and in the evening, a much more local market. During the summer, the trade increases significantly by visitors travelling to and from their holiday destinations.

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

 


“This pub would suit operators who have a desire to run a traditional community pub with a strong food offer, but also have the ability to cope with the high demand of the summer season.  There is real scope to drive this business through its food offer, so an operator with experience of  running a kitchen will have a distinct advantage.  A strong knowledge of effective social media is a must, as well as an understanding and desire to be at the centre of village community life.”

Ian Pearson

Business Development Partner, South West Region

 

Misrepresentation

* Fair Maintainable Trade (FMT) is the level of turnover and profit that we believe that the business is capable of delivering if being operated competently. The FMT is usually calculated by the Business Development Partner for the pub, who will produce a shadow profit and loss account for the business which supports the rent. A copy of the shadow profit and loss account will be provided during the recruitment process. Please see our Code of Practice for more information on FMT and rent. The Fair Maintainable Trade is not a guarantee of levels of trade or profit that will be made from the business – we strongly recommend you seek appropriate independent legal and business advice as part of your Business Plan.

† The Full Investment Breakdown for each public house is higher than the minimum investment we will accept because potential Business Partners with the minimum investment available can still be accepted as we are able to offer them financial support for the rest of the monies. The working capital incorporates the purchase of stock, glassware, loose catering effects and valuer fees – please note the number quoted on this website are based on estimates. The exact costs will be determined on the day you take on the public house by independent valuers and stock takers. Please see our Code of Practice for more information about investment.

Asset 2

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