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Bull & Butcher Bletchley

30, Aylesbury Street, Milton Keynes, MK2 2BA

Pub Code: 2302154101

Key Features

  • Well Established Business
  • Busy Location
  • Outside Function Space
  • Good Demographics
  • Food opportunity
  • Private Accomodation

Est Min Ingoing Costs: £13,553

Annual Rent: £30,638

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More Information

The Bull & Butcher is located on a busy main road, a short distance from the high street. 10 minutes from central Milton Keynes there is an array of customers who could be attracted to the pub.  The road the pub is situated on is surrounded by shops, food and retail outlets as well as benefitting from a densely populated neighbourhood.

Being one of 8 pubs found in an area of around 3430 adult, the main customer base is made up of young families, middle aged adults, as well as a more mature, elderly population who would be a perfect daytime, mid week clientele.

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food & drinksoffer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via selection of pub games, such as pool, live entertainment and live sports. It offers menu of ‘pub grub’ classics, popular beers, ciders, wines and spirits.

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

If you have experience of running or owning a pub business, we’d love to hear what new ideas you can bring.

The right operator for the pub will have history in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer 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…

  • Foundation Tenancy

Trading Area & Facilities

  • Two bar operation
  • 44 covers
  • Catering kitchen
  • Smart dispense
  • Large Patioed garden with room for functions

Private Accommodation

Private accommodation consists of bedrooms kitchen and bathroom.

Annual Rent £
30,638
Estimated Annual Turnover £
475,533
Deposit £
7,660
Estimated Fixtures & Fittings Value £
25,000
Estimated Stock Valuation £
7,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
43,660
Estimated Minimum Ingoing Costs £
13,553
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.

Location:

30, Aylesbury Street, Milton Keynes, MK2 2BA

Google map location image of Bull & Butcher Bletchley