• Fair Maintainable Trade* (FMT): £530,000 per annum
  • Rent: £65,000
  • Approx Split: 40% food, 30% drink, 30% accommodation
  • Situated in an Area of Natural Beauty
  • Well established and mature operation with a fantastic reputation
  • Strong all year round local trade with 9 beautiful letting rooms

The Inn at Cranborne was created as a traditional Coaching Inn where travellors would eat, drink and rest whilst their horses were stabled overnight. Today, apart from the horses, the pub still serves its market with great food and drink with quality letting accomodation to both business and holiday makers. The pub is accessed via the car park to the rear and through attractive landscaped areas with plenty of seating.

The bar area is traditional in feel with several different areas but all have a light and airy feel suitable for mixed dining and drinking, in addition there is a standalone private dining area suitable for parties and meetings for upto a dozen customers. At one end of the bar there is a feature fireplace which helps create a fantastic country pub environment.  The on-site accommodation, accessed via the bar, has all been converted to letting accommodation so the pub now offers 9 en-suite double rooms all of which are finished and furnished to reflect the high expectations of visitors to the area.

The ideal applicants are experienced to the hospitality industry with a passion for excellent service and a commercial drive to maximise income.

In terms of live-in accommodation for Business Partners or team, an allowance has been made within the costs base incorporated into the rent valuation.

Top Line Figures

  • Rent: £65,000 per annum
  • Initial Investment: c.£40,000
  • Fair Maintainable Trade* (FMT) Turnover: £532,000

 

 

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £780
  • Working Capital: c.£10,000
  • Fixtures & Fittings: c.£50,000 but it will be valued prior. (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

 

Additional Information

  • Estimated Split: 30/40/30%  wet/dry/accommodation
  • Business Rates: £12,500
  • Available From: 17/09/2019
  • Closing Date: 26/07/2019

 

  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 54
  • 1420
  • 60
  • 1430
  • Last Year
  • 52
  • 630
  • 50
  • 1340
  • 2 Years Previous
  • 52
  • 1244
  • 60
  • 1298

Trade
Asset 2

The Inn at Cranborne has been a well respected and mature business for a number of years with a growing letting market driven by nine quality rooms with high occupency levels. The trade is built on accessability, quality and consistency where regulars mix with visitors in a traditional country pub environment but with the team delivering great customer service. The potential for growth can be exploited by a further developing on the pub reputation, through driving spend per head and through driving food sales and events to encourage greater use from locals.


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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