“The Sweet Home is very much a community pub where a friendly welcome and consistency of offer and quality are key.

The pub is ideally located on a prominent road close to Poole Town Centre and can further improve the kerbside appeal to attract new customers in addition to the loyal regulars.

The House has a great reputation for sports and events and is well equipped to develop a strong food trade to sit alongside this.

In summary this is a great pub to let.”

Ian Pearson

Business Development Partner, South West Region

 

The Sweet Home has 3 bedrooms, la ounge, bathroom and private kitchen, and is in good condition.

Bedrooms – 1

Lounge – 1

Private kitchen – Yes

Bathrooms – 1

Features

  • Fantastic tiered garden with a stand alone bar
  • Reputation as a great spot to watch sports
  • Well laid out trading space with a bar area and mixed drinking/dining, which can be partitioned for private events or sports
  • Situated in a busy residential neighbourhood with a strong bias to families and seniors
  • Prominent A road presence close to Poole Town Centre and adjacent to a high volume Co-op

Top Line Figures

  • Rent: £30,000 per annum
  • Initial Investment: £27,000
  • Fair Maintainable Trade* (FMT) Turnover: £414,000 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 £25k (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 75%/25%
  • Business Rates: RV £14,700
  • Available From: Immediately
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 187
  • 530
  • 160
  • 1170
  • Last Year
  • 130
  • 970
  • 140
  • 970
  • 2 Years Previous
  • 120
  • 1061
  • 152
  • 753

Trade
Asset 2

The last two years have been phenomenally successful through offering great sports viewing in the garden with circa 400 covers and its own bespoke bar.

The local business is regular but there is opportunity to increase the regularity of visits through pub teams and events such as quizzes, entertainment and theme evenings.

Food trade can be developed further through consistency of availability and focus on marketing this opportunity.


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):

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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