• Fair Maintainable Trade* (FMT) Net Turnover: £400k per annum
  • Rent: Turnover BPA at 8.25% with a Base Rent of £28,300 per annum
  • Beautiful traditional village pub with character features
  • Spacious garden and pretty patio area
  • Two self-catering guest rooms
  • Private dining / function room with up to 50 covers
  • Potential for an additional unit, subject to planning

The private accommodation above the pub consists of a 3 bedrooms, a living room, kitchen and bathroom.

Bedrooms – 3

Private kitchen – Yes

Lounge  – 1

Bathroom – 1

 

Top Line Figures

  • Rent: Turnover rent at 8.25% of net sales with a base rent of £28,300 per annum
  • Initial Investment: £19,100 plus 30% F&F deposit = circa £26,600
  • Fair Maintainable Trade* (FMT) Turnover: £400,266 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,200 incl. VAT
  • Change of DPS Fee: £200 incl. VAT
  • Digital Assets Fee: £200 incl. VAT
  • Working Capital: £10,000
  • Fixtures & Fittings: Estimated at £25,000 but waiting on valuation (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings.)

Additional Information

  • Estimated Split: wet 52%/ dry 41% / accommodation 7%
  • Business Rates: Approx. £16,800 – cottages rated separately
  • Available From: December 2022 (or earlier by negotiation)
  • Closing Date: 30/09/2022
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 87
  • 2090
  • 240
  • 1420
  • Last Year*
  • 74
  • 1680
  • 200
  • 1160
  • 2 Years Previous*
  • 73
  • 1730
  • 190
  • 1190

Trade
Asset 2

Usual weekly pattern with weekends being the peak times for trade. The garden is well used when it’s sunny but during the colder months, the Five Bells is the perfect winter pub. The guest base is primarily made up of walking and cycling groups, families, locals, some NHS hospital workers and small business trade from Petersfield.

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


“This pub is perfectly suited to an enthusiastic couple, one of whom is a chef, with combined experience of onstage hospitality and running guest accommodation. A strong marketing background will also be a benefit as maximising room revenue will be a key profit driver for this site.”

Foggy Dessillas

Business Development Partner, South East 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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