- Fair Maintainable Trade* (FMT) Net Turnover: £450k per annum
- Wet/Dry split: Currently 100% wet, facilities and scale to add food offering
- Adaptable to different operating styles
- Distinct business opportunities
- Separate team accommodation
This public house has a fantastically prominent position at the top of the High Street and is the biggest pub in the town. Shaftesbury dates back to medieval times and is one of the oldest towns in Britain as well as one of the highest (718 feet above sea level). It has a population around 10,000 and has the famous tourist attraction of Gold Hill, a steep cobbled street featured on the cover of countless books about Dorset and rural England. It was perhaps most famously used as the street in the popular Ridley Scott – directed Hovis bread advertisement used through the 1970s and 1980s. The pub has an eclectic customer base as befits a town centre pub situated in the main town car park.
Due to the flexibility of the operation this business could suit applicants from any background although the size of the business means it will probably require someone with pub or hospitality related experience. An entrepreneurial approach with the ability to see beyond the current trading pattern would be a distinct advantage.
The domestic accommodation is currently divided into two different living areas and could be configured to suit the requirements and preferences of the ingoing operator.
Bedrooms – 4
Private kitchen – Yes
Lounge – Yes
Currently has been closed due to Covid – to be discussed at initial interview.
* 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.