• Current rent of £36,600 rising to £48,000 post scheme
  • Current FMT of £411K, post-scheme FMT £498K
  • Proposed scheme is a major ‘garden room’ extension to the rear of the pub with an additional approx. 30 covers. Please see attached drawings
  • Domestic accommodation available
  • Estimated wet:dry split of 40:60

We are delighted to present the Scarlett Arms, a charming roses around the door public house, dating back to 1650. This traditional pub boasts an abundance of charm with original oak beams and an inglenook fireplace. The pub seats 50 covers comfortably over two separate trading areas with the bar in the centre of both. It has an adequate size kitchen to cope with additional volume of food required during the summer months.

The Scarlett Arms has a reputation for good, locally sourced food and is much favoured by walkers. It also hosts a separate small children’s play area. We have planning consent for an extention to the pub which will add an additional c.25 covers and an attractive flagstone patio. The plan is to complete the building works in early 2019. The rent post the project will increase to £48,000.

There are no letting rooms available. The private accommodation consists of 3 bedrooms, lounge, and a large bathroom.

Top Line Figures

  • Rent: £36,600 rising to £48,000 post scheme
  • Initial Investment: c. £30K
  • Fair Maintainable Turnover*: £411K rising to £498K post scheme

Full Investment Breakdown†

  • Deposit: £7,500
  • Training Fee: £650+VAT
  • Working Capital: £5,000-£7,500
  • Fixtures and Fittings: £25K (existing) and an estimated £15K additional F+F for scheme area (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/ Dry Split: 40:60
  • Business Rates: £9,710
  • Available From: 06/10/2018
  • Closing Date: 15/08/2016
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 115
  • 2530
  • 80
  • 1800
  • Last Year
  • 110
  • 2920
  • 100
  • 1990
  • 2 Years
  • 113
  • 3344
  • 122
  • 2532

Trade
Asset 2

The Scarlett Arms is a quality traditional pub that enjoys food trading at lunchtimes, evenings and across the weekend. It is popular with locals and walkers alike. It has a focus on good locally sourced food and is a destination site.


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 Area Manager 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.

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