Crown Hotel Pwllheli

37-39 High Street, Pwllheli LL53 5RT

  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli
  • Crown Hotel Pwllheli

Crown Hotel Pwllheli

Bustling Market Town Pub

The Crown Hotel is centrally situated in Pwllheli, which is the heart of the main market town of the LlÅ·n Peninsula in Wales. A weekly market and a range of shops and other amenities ensure a bustling market town. During the summer months Pwellhli attracts a lot of tourist trade due the Penychain holiday camp and two beaches which attract water sport enthusiast.
The future offer should have a significant focus on the food offer to build on the reputation of the restaurant. In additional the site has a great reputation and guests have access to its wide variety of outdoor activities, including fishing, horse riding and boating facilities.

Visionary Operator Wanted

The ideal operator should have experience running a similar outlet. It would be beneficial to have experience in building and developing a great food offer.

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Within the trading area there are two bars, a separate dining area which has a cosy atmosphere which is created by the well-kept traditional features including exposed bricks, a real fire and beams. The site has well-appointed letting rooms which are second to none in the town.

The Crown Hotel boasts an attractive eye-catching frontage, appealing to passing trade.

Private Accommodation

The private accommodation at the Crown Inn consists of three bedrooms, kitchen, lounge and bathroom. In line with our "Ready to Trade Promise" should any works be required, we will ensure

Premises Licence Details

Please refer to Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 01:00 10:00 - 01:00 10:00 - 23:30

Financials

Annual Rent £
29,250
Estimated Annual FMOP (Licensee Profit) £
31,297
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
346,811
Estimated Annual Barrelage
191

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 £
13,200
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
7,313
Rent In Advance £
563
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
28,261
Estimated Minimum Ingoing Costs £
12,623

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 £
4,769
Estimated Annual Maintenance Compliance Charge £
1,868
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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