• Fair Maintainable Trade* (FMT): £340k per annum
  • Rent: £40k per annum
  • Initial Investment: £25,000
  • Wet/Dry split: 35%/65%
  • Beautiful location
  • Extensive grounds
  • Trade building potential
  • Licensed for weddings
  • Well maintained

Until the 1920s the pub was known as The Angel, but after Thomas Hardy referred to it as ‘The Quiet Lady’ in his novel ‘The Return of the Native’, the pub changed its name to ‘The Silent Woman’.  Today, the pub is a popular wedding venue, with a lovely garden gazebo and picturesque landscaped garden.

The Silent Woman has been lovingly developed both internally and externally by the current business partners who have had a fine track record at the pub for the last 17 years.  It is very well maintained throughout, and offers cosy dining areas leading away from the main bar.  Outside in the extensive grounds are many different areas of landscaping and shade to offer something for everyone enjoying alfresco dining.

There are many opportunities to develop the business given the pub’s unique location and available space, as illustrated by the current operators successfully obtaining a wedding licence and operating as a wedding venue. Therefore, the ideal applicant will have an entrepreneurial edge as well as being able to meet the diverse eating demands of the eclectic customer base. A background in a varied catering business would be a distinct advantage.  Ideal applicants would be chefs or restaurateurs, entrepreneurs or existing managers or tenants.

Like the rest of the pub, the upstairs accommodation is in very good order comprising 3 bedrooms, an office, bathroom, lounge, and storerooms. The catering kitchen is shared as a domestic kitchen.

To Line Figures

  • Rent: £40,000 per annum
  • Initial Investment: £25,000
  • Fair Maintainable Trade* (FMT) Turnover: £340,000 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,000 plus VAT
  • Working Capital: £2,000
  • Fixtures & Fittings: The main inventory is being independently valued but is estimated in the region of £40k and there is an optional wedding related inventory that is also being listed and independently valued.  (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 35%/65%
  • Business Rates: £11,489
  • Available From: 02/01/2020
  • Closing Date: 16/12/2019
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 67
  • 1430
  • 70
  • 770
  • Last Year
  • 70
  • 1320
  • 60
  • 740
  • 2 Years Previous
  • 73
  • 1290
  • 80
  • 750

Trade
Asset 2

The current operators close on a Monday, weekday afternoons and are open all day at weekends. They run a strict adult only policy indoors which can be reviewed by new operators. The trade is constantly busy through the opening hours and shows a significant increase over the key summer months. The introduction of a wedding licence has provided a significant turnover boost but this is something that is optional to a new operator.

 


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 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 an investment.

Asset 2

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