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Bell Inn Leominster

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Bell Inn Leominster

39, Etnam Street, Leominster, HR6 8AE Pub Code: 2303255101

Pub Code: 2303255101

Foundation Tenancy

Est. Annual Turnover: £222,363

Annual Rent: £28,399

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Lovely wet led community pub in good location

What would you do with this pub to make it even more of a success?

The area

The Bell Inn is located in the market town of Leominster, only 12 miles from Hereford. The pub is surrounded by residential housing.

Demographics

The pub benefits from being on a busy residential street with around 3000 adults. The majority customer base is made up of a good mix of young to mature adults.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub currently lies in developing a strong wet-led offer.  The pub does have a kitchen on site so an operator with the right drive and vision could potentially introduce a food offer. of this pub. What would you look to implement in the pub?

The site currently has the ability to drive trade via live sports, Darts and pub games machines. It offers a selection of popular beers, ciders, wines and spirits, and coffees.

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:

  • Understanding of the local community
  • You know what it takes to build a successful business
  • You love hospitality and are great with 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…

  • Foundation Tenancy

  • Private Accommodation

  • Outdoor Trade

  • Pub Games

Trading Area & Facilities

  • Main trading area with bar
  • 30 internal covers
  • 40 external covers
  • Darts Board
  • Gaming machine
  • Courtyard and garden area

Private Accommodation

Private accommodation in over two floors consists of 2 /3 bedrooms, a living room, kitchen, and bathroom

Pub Financials Icon

With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.


Indicative entry costs range from**:

£8,867 - £17,600

Annual
Estimated Annual Turnover
£222,363
Annual Rent
£28,399
Entry Costs
Deposit
**Deposit build up from 1 month rent
£7,100**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£4,000**
Stock Valuation
£3,000
Working Capital Required
£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 Β£10,000 un-borrowed funds.

Location:

39, Etnam Street, Leominster, HR6 8AE

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