• Rent*: £50,000
  • Fair Maintainable Turnover*: £444,000
  • Countryside wedding venue
  • Large garden and camp site
  • 5 luxury letting rooms
  • Estimated sales split: dry 25% / wet 60% / accommodation 15%

Map

The True Lovers Knot is a destination food-led pub, situated in the stunning Dorset countryside. The property boasts a comfortable bar area, restaurant overflow, 5 letting rooms, large garden and campsite.

The ideal applicant/s will have a strong catering background and experience of running a community-led business or seasonal outlet.  An entrepreneurial mind-set is desirable due to the multi-faceted business opportunity that this property has to offer.

The domestic accommodation comprises a 2 bedroom flat.

There are 5-ensuite letting rooms available at this property.

Campsite facilities include:

  • 8 hard-standing pitches and grass pitches
  • Electric hook up
  • Campsite Toilet
  • Campsite Shower
  • Full chemical toilet disposal point
  • Campsite water point
  • Campsite refuse point

Top Line Figures

  • Rent*: £50,000
  • Initial Investment: £30,000+
  • Fair Maintainable Turnover: £444,000
  • Business Rates Payable: £13,233

 

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £780
  • Working Capital: £10,000 – £25,000
  • Fixtures & Fittings: TBC  (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

 

Additional Information

  • Estimated Split: wet 25%/ dry 60% / accommodation 15%
  • Available From: 03/10/18
  • Application Closing Date: 31/06/18

 

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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