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A notable pub company in Tewkesbury is seeking a pub tenant to manage The Britannia Inn. The ideal candidate will focus on developing successful food and drink offerings, leveraging the outside space, and engaging with the local community. Candidates should possess strong business acumen and a passion for hospitality. Estimated financials suggest an annual rent of £17,198 with potential annual turnover of £245,134.
Pub Overview
The Britannia Inn is located in the town of Tewkesbury, close to the Cotswolds tourist trail. The pub is surrounded by shops, food and retail outlets and mixed housing.
Tourists are drawn to Tewkesbury for its medieval black and white townscape and 12th century Abbey.
The pub benefits from being on the High Street and one of 13 pubs found in an area of around 2822 adults. There is a mixed customer base made up of Midlife adults both with families and carefree and Mature households.
Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through food and drink offer. What food and drinks would you look to implement in the pub?
The site currently has the ability to drive trade by offering a great selection of popular beers, ciders, wines and spirits, a simple food offer, coffee and by maximising the outside space to the rear of the pub overlooking the River Avon.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
The private accommodation consists of 3 bedrooms over two floors with bathroom, Kitchen with lounge area.
Estimated Total Ingoing Costs: £13,800
Estimated Minimum Ingoing Costs: £8,933
Annual Rent: £17,198
Estimated Annual Turnover: £245,134
Deposit: £4,300
Estimated Fixtures & Fittings Value: £2,000
Estimated Stock Valuation: £4,000
Estimated Working Capital: £3,500
Note: The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.