• Fair Maintainable Trade* (FMT) – £20,000 per annum
  • Large garden and car park
  • Spacious private accomodation
  • Good local reputation
  • Close to Bristol Airport

The White Hart is a drive to destination business and there are three separate dining areas within the pub including a spacious conservatory. The previous operator has run a Sunday carvery from the premises and there is a carvery station adjoining the bar servery. There are also well maintained customer toilets, a fully equipped trade kitchen and a ground floor cellar.

There are no letting rooms with this property.

A private garden and additional storage facilities are available at the rear of the property. Upstairs there are three good sized bedrooms, a private kitchen, bathroom and very large lounge area. This business would suit a family operation but a desire and ability to provide a good food offer is essential.

 

Top Line Figures

  • Rent: £20,000 per annum
  • Initial Investment: £30,000
  • Fair Maintainable Trade* (FMT) Turnover: £225,000

 

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £780
  • Working Capital: c.£5,000
  • Fixtures & Fittings: £25,000 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Split: wet 33%/ dry 67%
  • Business Rates: £7,146
  • Available From: Immediately
  • Closing Date: 31/03/2019
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 63
  • 840
  • 40
  • 1720
  • Last Year
  • 53
  • 750
  • 40
  • 1470
  • 2 Years Previous
  • 55
  • 824
  • 24
  • 1331

Trade
Asset 2

There is a small amount of regular drinking trade in the White Hart but the key to making this business successful lies in the operation of a strong food offer as there is a considerable catchment area (South Bristol, Yatton, Congtresbury, Worle, Weston Super Mre etc) within a 20-30 minute drive time.

There is a lot of competition close by, so the need to create a point of difference is significant.


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 investment.

Asset 2

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