Cedar Tree Bagshot

1 High Street, Bagshot GU19 5AG

Under Offer
  • Cedar Tree Bagshot
  • Cedar Tree Bagshot
  • Cedar Tree Bagshot
  • Cedar Tree Bagshot
  • Cedar Tree Bagshot

Cedar Tree Bagshot

Traditional Community Pub

This traditional pub sits at the heart of the community and has a well-established drinks trade. With live sport, pool table and darts available there is always a great buzz within the Cedar Tree.

The pub is in good condition throughout and underwent a full refurbishment in 2014. The pub offers a kitchen, with a fantastic opportunity to introduce a basic food offer. There are letting rooms as well as a private function room to maximise revenue.

A Passion for Hospitality

This site would ideally suit an experienced community operator who can develop the already well-established drinks trade and create an inviting food offer for the local community.

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Function Room
  • Music Venue
  • Car Parking
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Pub Games
  • Weekly Billing

Trading Area & Facilities

With 3 separate areas, this venue is perfect for hosting private parties, events and meetings in Bagshot. There is a sports section with a pool table and darts board.

Externally, there is a beer garden and car park.

Private Accommodation

There is private accommodation at Cedar Tree, further details to follow. In line with our 'Ready To Trade Promise', should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting business right.

Premises Licence Details

See premise license for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 01:30 11:00 - 01:30 12:00 - 23:30

Financials

Annual Rent £
34,250
Estimated Annual FMOP (Licensee Profit) £
39,060
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
360,766
Estimated Annual Barrelage
199

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
9,295
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
8,563
Rent In Advance £
659
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
26,712
Estimated Minimum Ingoing Costs £
14,049

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased