Hankridge Arms

Hankridge Way, Riverside, Taunton, Somerset, TA1 2LR

  • 50
  • 30
  • Asset 1 80

A beautiful period farmhouse has been converted into a hugely successful pub business, serving high-quality food to a wide variety of guests within a thriving retail park. Originally, The Hankridge was a dilapidated old farmhouse; however, it was lovingly restored in the 1990s. Today, the guest area divides into two parts: the characterful bar area, which features a large original fireplace and seating for 30–40 guests, and the restaurant area, which contains many historic features and can seat 40–50.
In addition, there is a premium, fully equipped catering kitchen and a large cellar, all located on the ground floor. Meanwhile, upstairs offers a separately accessed function room and spacious private accommodation. Because the business is well known in the area and has gained a great reputation for food, the ideal applicant will need to demonstrate the ability to work with a premium site and the desire to capitalize on and expand an already busy offer.

Key Pub Features

Hankridge Highlights:

  • Beautifully restored stone farmhouse
  • Unique retail park position and easily accessed from the M5
  • Strong food reputation
  • Attractive beer garden
  • First floor event space
  • Rent 8.5% of turnover
  • Fair Maintainable Trade* (FMT) Turnover: £650,000 per annum net
  • Premium fully equipped kitchen
  • Extensive private accommodation

Private Accommodation:

  • The private accommodation is spacious and well maintained, with a minimum of 2 bedrooms plus a separate lounge, kitchen, bathroom and office.
  • Bedrooms – 2/3
  • Private kitchen – Yes
  • Lounge – 1
  • Bathroom – 1
  • Office – 0/1

Location - Riverside, Taunton

The Hankridge Arms stands in the middle of the thriving Hankridge Retail Park and attracts shoppers and business professionals from the many nearby offices. National retail giants such as Sainsbury’s, Halfords, PC World, Costa, The Range, and others surround the pub. At the far end of the retail park, visitors can enjoy a multiplex cinema, ten-pin bowling, B&Q, McDonald’s, and a Travelodge. Across the road, a business park hosts numerous professional offices, a Premier Inn, and a Harvester restaurant. Conveniently located just off Junction 25 of the M5, the pub sits less than a 10-minute drive from Taunton’s town center.

Top Line Figures

  • Rent: 8.5% of net turnover, with a minimum base rent of £47.000
  • Minimum Initial Investment: £33,700 inc, VAT Fair Maintainable Trade* (FMT) Turnover: £650,000 per annum net
  • Annual rent illustration based on FMT: £55,250
  • Estimated Operating Profit £56,894 (8.8%) pa based on FMT*

* Estimated figures for illustration only cannot be guaranteed

E&OE

Full Investment Breakdown**

  • Fixtures & Fittings: Existing £52,000  (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).
Illustration of Year 1 Ingoings (excludes rent)     Net      VAT    Inc VAT
Deposit £  7,500      N/A £  7,500
Training Fee £  1,000 £     200 £  1,200
Change of DPS £     254 £       46 £     300
Digital Asset Fee £     250 £       50 £     300
Working Capital*** £10,000      N/A £10,000
F&F (Outright Purchase Option A) £48,000  £9,600 £57,600
F&F (Purchase Agreement Option B)   £4,800  £9,600 £14,400
Total Option A £67,004  £9,896 £76,604
Total Option B £23,804  £9,896 £33,700

Additional Information

  • Estimated Wet/Dry Split: 35%/65%
  • Business Rates from April 26: £17,836 pa
  • Available From: Spring 2026
  • Closing Date: 31/03/2026

E&OE

Trade

Last 3 year Volume Beer & Cider - HL Wines - Litres Spirits - Litres Soft Drinks - Litres
Current Year 92 1344 50 2685
Last Year 79 1530 88 2497
2 Years Previous 81 1607 125 2473

The current business model unusually demonstrates that weekday lunchtimes are some of the busiest sessions of the week, reflecting the Hankridge’s unique location and genuinely eclectic mixture of guests.

Meet the Pub's Business Development Partner.....

“The ideal applicants will be experienced operators able to demonstrate the ability to run a multi-faceted business serving a wide cross-section of guests. We’re looking for Business Partners who will be able to market the business effectively, and promote the pub and its offer to the thousands of retail park visitors.

Energy and drive will be major qualities required in running this business, which has the opportunity to trade from breakfast (the Travelodge next door is without a breakfast offer), through the day (for shoppers and business people) and on to late dinners (as there is a cinema and bowling alley in the retail park).”

Trevor Hartin

Business Development Partner

Useful Links

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.

****Business Rates Payable:

This figure reflects the current multipliers for 2025/2026 and the 40% hospitality relief, effective until 31/03/2026.