• Fair Maintainable Trade* (FMT) Net Turnover – circa £180k with lots of investment potential
  • Low investment – no requirement to purchase inventory on ingoing
  • Very low utilities and rates
  • Attractive building on busy road
  • Planning permission just granted for 15 houses on neighboring field

The Bull is one of the smallest pubs in Dorset, yet has traded successfully. It is a Grade ll listed building due to the historic building techniques of the walls and thatched roof (part of the rendered wall is exposed showing the older walls behind). The building itself is known to date back to the 17th century supported by local historical evidence, however there is speculation that it dates back much earlier to the 14th century.

Inside the pub is a bar servery area and former skittle alley that has been converted into additional seating so that the business now has approximately 35-40 covers. Also on the ground floor are customer toilets, an equipped catering kiche and cellar.

There are no letting rooms within this house.

Regarding private accommodate, there is a small private lounge behind the bar. Upstairs is the main bedroom and a bathroom WC. Due to the compact nature of the accommodation the ideal applicants will be either a single operator or couple. The pub could also be operated as a lock-up business. Due to a sizable and attractive garden, the ideal applicants will also be able to produce a good food offer.

Top Line Figures

  • Rent: £350 per week
  • Initial Investment: £10,000
  • Fair Maintainable Trade* (FMT) Turnover: £180,000

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £780
  • Working Capital: c.£2,000
  • Fixtures & Fittings: There is no requirement for the purchase of F&F on takeover – this is to be fully discussed at the interview stage

Additional Information

  • Estimated Split: wet 40%/ dry 60%
  • Business Rates: £6,394
  • Available From: Immediately
  • Closing Date: 31/03/2019

 

  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 33
  • 430
  • 40
  • 540
  • Last Year
  • 40
  • 510
  • 30
  • 300
  • 2 Years Previous
  • 53
  • 864
  • 47
  • 470

Trade
Asset 2

Trade is made up of a solid regular drinking trade from the village of Broad Oak, therefore the operation requires a visible figure front of house.

The food trade can be developed further and the business would benefit from a niche food offer that could provide a USP for the business. Trade has historically come from commuters on the A357 and residents of Sturminster Newton.


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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