Run a Star Pub - Cottage Of Content Barton - Alcester

Star Pubs Leased & Tenancy
Arrow
GBP 11,000 - 400,000
Job description
Pub Overview

Village Location with multiple income streams including campsite and a holiday cottage let.

The area

The Cottage of Content is located in the town of Barton, close to Bidford on Avon. The pub is surrounded by rural housing.

Demographics

The pub benefits from being the only pub within a ten-minute walk. The majority customer base is made up of midlife families with children and mature adults. It is also a destination pub that holds outside events such as weddings & festivals.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through marketing strategy and great food & drink offer. What would you look to implement to drive trade in the pub?

The site currently has the ability to drive trade by maximising its multi-income streams including great food offer, holding events in the large outside trading area, letting out its campsite and holiday cottage. It also offers a great selection of popular beers, ciders, wines and spirits, and coffees.

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have previous experience in a similar hospitality business. They will have a clear vision for their marketing strategy including promoting events, campsite, holiday let and food & drinks menu and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Features

  • Foundation Tenancy
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Car Park
  • Letting Room


Trading Area & Facilities

Trading areas and facilities:
  • Main trading area with bar
  • Separate dining room
  • 25 internal covers
  • Catering kitchen
  • Campsite to rear of the pub
  • Very large garden area that holds events, weddings and festivals
  • Holiday Let - Cottage
  • Car park
  • SmartDispense


Private Accommodation

Private accommodation consists of 2/3 bedrooms, (one bedroom can be used as office), a living room, kitchen, bathroom.

Pub Financials

Estimated Total Ingoing Costs

£37,637

Estimated Minimum Ingoing Costs

£11,546

Annual Rent

£36,548

Estimated Annual Turnover

£399,163

Deposit

£9,137

Estimated Fixtures & Fittings Value

£20,000

Estimated Stock Valuation

£5,000

Estimated Working Capital

£3,500

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.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

  • Demographics Report Download arrow
  • Energy Performance Certificate Download arrow
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