“We are looking for strong candidates with a true passion for hospitality.

An entrepreneurial mindset is key to exploit the multiple trade opportunities that come with this pub. The ideal applicant will have a desire to engage with the village community, as well as attract passing trade and visitors from further afield through great marketing.”

Scott Rhodes-Ward

Business Development Partner, South West Region

Main Living Space:

  • 2x Double Bedrooms
  • Lounge
  • Private Kitchen
  • Bathroom
  • Fair Maintainable Trade* (FMT) Net Turnover: £503k per annum
  • Multiple income streams with 4 guest rooms and a campsite
  • Strong FMT sales across all three income streams
  • Prominent roadside location with strong kerbside appeal
  • Extensive well presented gardens
  • Popular area for visitors, walkers and cyclists

Top Line Figures

  • Rent: £49,000 per annum
  • Initial Investment: minimum £31,000
  • Fair Maintainable Trade* (FMT) Turnover: £503,000 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: £10,000
  • Fixtures & Fittings: Estimated £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: 30%/50%/20%
  • Business Rates: RV £13,000
  • Available From: 01/04/2024
  • Closing Date for Applications: 05/02/2024
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year 2023-24
  • 77
  • 640
  • 100
  • 430
  • Last Year 2022-23
  • 97
  • 450
  • 100
  • 440
  • 2 Years Previous 2021-22*
  • 120
  • 940
  • 100
  • 550

Trade
Asset 2

The True Lovers Knot enjoys a great summer trade, as the garden, guest rooms and camping facilities are a major draw for both local and destination guests.

This is primarily a food led pub which appeals to couples, groups and families with its extensive facilities. Warm hospitality and high quality food and drink will keep guests returning time and time again.

There is great potential for strong year round trade opportunities from the village community, the wider locality and the letting accommodation.

*Trade volumes affected by Covid closures


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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