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Pub to Rent - Fleur de Lys

“The ideal applicants for this pub to rent will be experienced in hospitality. Furthermore they will have experience of running guest accommodation, and have passion for high quality food, drink and customer service.

Importantly we’re looking for a Business Partner who is fully operational within the business, and has the commercial drive to maximise income.”

Scott Rhodes-Ward

Business Development Partner, South West Region

To maximise income, on-site accommodation has been converted to guest letting rooms.

The business offers 9 double, king and super king en-suite rooms, all of which are finished and furnished to a very high standard.

Undoubtedly making this a superb business opportunity.

  • Fair Maintainable Trade* (FMT): £530,000 per annum
  • Well established and mature operation with a fantastic reputation
  • Strong all year round local trade in an affluent village location
  • Situated in an Area of Outstanding Natural Beauty
  • 9 beautiful letting rooms

Top Line Figures

  • Rent: 9% of turnover
  • Initial Investment: £40,000
  • Fair Maintainable Trade* (FMT) Turnover: £532,000

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 £50k but 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 Wet/Dry/Accommodation Split: 30/40/30%
  • Business Rates: £12,500
  • Available From: Immediately
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year 2022-23
  • 64
  • 1270
  • 110
  • 1160
  • Last Year 2021-22*
  • 70
  • 1210
  • 90
  • 1400
  • 2 Years Previous 2020-21*
  • 74
  • 2060
  • 130
  • 1460

Trade
Asset 2

The Fleur de Lys has been an established and well-respected business for a number of years.

In addition it has a growing letting market driven by nine high quality rooms with high occupancy levels.

Trade is built on accessibility, quality and consistency, where regular guests mix with visitors in a traditional pub environment.

A great pub where the team deliver excellent customer service.

Unquestionably there is  potential for growth to be exploited further by continuing to develop the pub’s reputation, driving spend per head and driving food sales. Along with events to encourage an even greater level of engagement from local guests.

*Trade volumes affected by Covid closures


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)

* 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.

Investment Breakdown

† 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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