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“The St Mary’s Gate is a fantastic opportunity for an experienced operator with a passion for combining great pub food with a lively but mature bar trade throughout the year.

We’re looking for operators who will effectively market the pub to visitors to the area and ensure the guest accommodation is full of repeat custom.

Great hospitality is key, and a passion for delivering consistent standards through your team is essential.”

Ian Pearson

Business Development Partner, South West Region

The accommodation currently consists of three bedrooms (one en-suite), a large bathroom, and private kitchen, all of which are in good condition. Note that one of the bedrooms can easily be converted back to a lounge should this be required.

Bedrooms – 3 or 2

Private kitchen – Yes

Lounge – Yes (with 2 bedrooms)

Bathrooms – 1

  • Beautiful 16th century inn with open log fires
  • Great location next to Arundel Cathedral and Castle, a short walk from the town centre
  • Affluent local population with year-round tourism
  • 7 en-suite guest bedrooms, with car parking
  • Attractive courtyard garden

 

Top Line Figures

  • Rent: Turnover rent at 9.5%, with a base rent of £45,000
  • Initial Investment: £50,000
  • Fair Maintainable Trade* (FMT) Turnover: £589,000 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: £5,000
  • Fixtures & Fittings: Estimated at £30k, subject to valuation (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: 43%/39%/18%
  • Business Rates: RV £13,000. Circa £1,000 payable in 2024
  • Available From: Immediately

 

  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year 2023-24
  • 99
  • 1180
  • 240
  • 1870
  • Last Year 2022-23
  • 112
  • 1470
  • 170
  • 1840
  • 2 Years Previous 2021-22*
  • 95
  • 1050
  • 200
  • 1340

Trade
Asset 2

The St Mary’s Gate should trade as a traditional coaching inn, offering great food, drink and customer service all year round. The pub should be at the heart of the Arundel community, but use the added benefit of the 7 letting rooms to ensure a constant stream of custom.

Trade peaks during the Summer months, when levels of tourism are high, and the proximity to Goodwood racecourse provides huge demand for hospitality.

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

 

 

 


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

More Pubs to Rent: https://www.hall-woodhousepartnerships.co.uk/pubs-for-rent

Misrepresentation

* Fair Maintainable Trade (FMT):

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 to rent, 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.

Code of Practice:

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:

The Full Investment Breakdown for each public house is higher than the minimum investment we will accept. This is 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.

Working Capital:

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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