“This pub requires applicants who have a strong background in catering, and who will be able to build on the established reputation of the business and drive growth. It will require some continuity and a good sense of community to maintain the feel of the pub and its position in the village.

Ideally we’re looking for a Business Partner who will grow turnover and keep a tight control of costs in order to convert top line figures into bottom line growth.

The Cock Inn is ideally suited to a couple, one of whom has experience of running a busy kitchen.”

Peter Hurdle

Associate Business Development Partner, South East Region

The private accommodation consists of three bedrooms; two doubles and one single. There is a private kitchen and two bathrooms.

Bedrooms – 3

Private kitchen – 1

Bathrooms – 2

  • Fair Maintainable Trade (FMT) turnover – £507k per annum
  • Rent 9% of Net Turnover, with a Base Rent of £32k
  • Beautiful village location, surrounded by stunning countryside
  • Great reputation for high quality, home-cooked food
  • Large, well-maintained garden

Top Line Figures

  • Rent: 9% of Net Turnover, with a Base of £32,000
  • Initial Investment: minimum £30,000
  • Fair Maintainable Turnover: £507,039 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,200 incl. VAT
  • Change of DPS Fee: £300 incl. VAT
  • Digital Assets Fee: £200 incl. VAT
  • Working Capital: £5 – 7,000
  • Fixtures & Fittings: Estimated £30k, subject to valuation (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: £14,720
  • Available From: 16/10/2024
  • Closing Date for Applications: 16/08/2024
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year 2023-24
  • 88
  • 1570
  • 70
  • 2360
  • Last Year 2022-23
  • 92
  • 1490
  • 100
  • 2300
  • 2 Years Previous 2021-22
  • 102
  • 1800
  • 90
  • 2420

Trade
Asset 2

The Cock Inn is a popular village pub with a focus on good quality, home-cooked food. With a strong lunchtime trade, it currently caters well for a varied guest base.

The pub also has strong links with the Parish Church which is located directly opposite the pub.

 


British Institute of Innkeeping:  https://www.bii.org/

British Beer and Pub Association:  https://beerandpub.com/

Pre-Entry Awareness Training (PEAT):  https://www.bii.org/BII/Industry-Advice/PEAT.aspx

Personal Licence:  https://www.gov.uk/government/publications/personal-licence-application–2

Misrepresentation

* Fair Maintainable Trade (FMT):

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 to rent, 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.

Code of Practice:

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:

The Full Investment Breakdown for each public house is higher than the minimum investment we will accept. This is 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.

Working Capital:

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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