Kings Head Wells
36 High St, Wells, BA5 2AEAgreement Type: Just Add Talent
View for Kings Head Wells detailsCastlebrook, Somerton, TA11 6PR
Pub Code: 2300738101
Est Min Ingoing Costs: £37,183
Annual Rent: £34,731
Charismatic Country Pub
The Castlebrook Inn is a wonderful destination outlet that is to benefit from a refurbished throughout that will will regenerate this classic venue.
This pub and restaurant is situated on the main road between the villages of Somerton & Street. Popular with locals, walkers and the surrounding rural communities, this pub has the opportunity to increase its current customer base.
The Castlebrook Inn is a warm, family-friendly country pub which is full of character and offers wholesome, homemade food and good quality cask ales. Situated to the rear of the pub is a large outside recreational field complete with electric hookups and water.
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 Castlebrook will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu and marketing strategy 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 pubs next chapter…
The Castlebrook Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Annual Rent | £ 34,731 |
Estimated Annual Turnover | £ 480,045 |
Deposit | £ 8,683 |
Estimated Fixtures & Fittings Value | £ 20,000 |
Estimated Stock Valuation | £ 5,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 37,183 |
Estimated Minimum Ingoing Costs | £ 37,183 |
Castlebrook, Somerton, TA11 6PR
Agreement Type: Just Add Talent
View for Kings Head Wells detailsAgreement Type: Foundation Tenancy
View for Walnut Tree Weston Super Mare details
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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