Barrels (to be re-named The Cannon)
Cannon Lane, Luton, LU2 8BJAgreement Type: Foundation Tenancy
View details for Barrels (to be re-named The Cannon)
Crown Flitwick
Station Road, Bedford, MK45 1LA
Pub Code: 2302451101
Key Features
- Great garden with ample outside space
- Landmark Local Pub
- Restaurant and bar area
- Renowned for its cask ale
Est Min Ingoing Costs: £13,421
Annual Rent: £29,047
More Information
The Crown is located in the town of Flitwick close to Bedford. The pub is surrounded by residential housing with a few commercial premises nearby. It’s near to the station with a highly populated immediate area.
The pub benefits from being one of 4 pubs in the local vicinity. The Crown customer base is made up of all ages gathered from both the local residential properties as well as customers from slightly further afield travelling from Bedford.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through classic pub style, all day food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has ability to drive trade via the introduction of food, driving a rhythm of the week via live sports, live entertainment and selection of pub games, such as pool, and darts.
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 extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu and sports 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…
Trading Area & Facilities
- Restaurant and bar area
- 32 internal covers
- Large outside space with decking area
- Catering kitchen
- Ample outdoor space
- SmartDispense
- Car park for 25 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom.
| Annual Rent | £ 29,047 |
| Estimated Annual Turnover | £ 327,600 |
| Deposit | £ 7,262 |
| Estimated Fixtures & Fittings Value | £ 15,000 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 33,262 |
| Estimated Minimum Ingoing Costs | £ 13,421 |
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.
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:
Station Road, Bedford, MK45 1LA
More properties in this region
Crown Inn
9 High St, Dunstable, LU6 1HXAgreement Type: Foundation Tenancy
View details for Crown Inn
Bull Whitwell
34 High Street, Whitwell, SG4 8AGAgreement Type: Investment Tenancy
View details for Bull WhitwellTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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