Crumpled Horn Swindon

Eldene Centre, Swindon SN3 3RZ

  • Crumpled Horn Swindon
  • Crumpled Horn Swindon
  • Crumpled Horn Swindon
  • Crumpled Horn Swindon
  • Crumpled Horn Swindon
  • Crumpled Horn Swindon
  • Crumpled Horn Swindon
  • Crumpled Horn Swindon

Crumpled Horn Swindon

Popular Community Hub Situated within a residential area

The Crumpled Horn has a strong reputation with its many regulars. The pub takes its name from its quirky shape coupled with its brick chimney and really stands out from other pubs in the neighbourhood.

Classic pub food is offered, however there is opportunity to develop this further. Visitors enjoy live entertainment evenings and pub games. There is a large, split level beer garden to the rea of the property which could be used for private functions during the summer months. Parking is also available close by.

Enthusiastic Operator Wanted

Are you a creative operator with a passion for service? You will grow your business using your strong work ethic, love of the local community and infectious enthusiasm. In partnership with Star Pubs & Bars, you will develop The Crumpled Horn's food offering to drive sales.

Pub Features

  • Rolling Tenancy
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Due to the quirky design of the building, the interior of the pub is split into various different sections. This provides ample opportunity for private functions. Further interior details to follow. There is a large split level beer garden to the read of the property, some of which is covered. There is parking available close to the pub.

Private Accommodation

More details to follow.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
- - - - - - -

Financials

Annual Rent £
18,000
Estimated Annual FMOP (Licensee Profit) £
23,076
Representative HEINEKEN UK Brand Discount Per Barrel £
141
Estimated Annual Turnover £
247,872
Estimated Annual Barrelage
214

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,500
Deposit Amount £
4,500
Rent In Advance £
346
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
70
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
11,531
Estimated Minimum Ingoing Costs £
11,185

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 £
0
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
Wet & Dry - from 6,108pa

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