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George & Dragon Much Wenlock

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George & Dragon Much Wenlock

2, High Street, Much Wenlock, TF13 6AA Pub Code: 2302992101

Pub Code: 2302992101

Foundation Tenancy

Est. Annual Turnover: £466,631

Annual Rent: £28,600

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Traditional grade 2 listed building in an ideal location.  What would you do with this pub to make it even more of a success?

The area

The George & Dragon is Nestled right in the heart of Much Wenlock’s historic High Street,. It is just steps away from the town’s medieval Guildhall, parish church, traditional market buildings, and the ancient Wenlock Priory - making it a perfect stopping point for locals, walkers, tourists, and day trippers exploring this picture perfect Shropshire town. There are lots of tourist and caravan park trade around as well as walkers and locals and businesses. The pub looks great and has just benefited from full external refurbishment with new signage This has had a great impact to its kerb appeal. Well run and reputable business with established pub trade.

Demographics

The pub benefits from being one of 3 pubs found in an area of around 1947 adults. The main customer base is made up of employed and retired adults and is in a good affluent area. 

The offer


Available on our foundation tenancy agreement. Click here for more information on this agreementThe potential of this pub lies in maintaining a well thought through food & drinks offer. What food & drinks would you look to implement in the pub? 

The site currently has the ability to drive trade via food and drinks. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits. 

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 preferable experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, 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 pub’s next chapter…
 

  • Foundation Tenancy

  • Function Room

  • Private Accommodation

  • Outdoor Trade

  • Catering Kitchen

Trading Area & Facilities

Snug Bar
Lounge/Dining area
40/50 internal covers
Large catering kitchen 
Outside seating area
Public parking to rear
Access to high street from walkway

Private Accommodation

Private accommodation consists of 2 bedrooms, bathroom, a living room, and kitchen and small office.

Pub Financials Icon

With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.


Indicative entry costs range from**:

£9,883 - £28,650

Annual
Estimated Annual Turnover
£466,631
Annual Rent
£28,600
Entry Costs
Deposit
**Deposit build up from 1 month rent
£7,150**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£14,000**
Stock Valuation
£4,000
Working Capital Required
£3,500
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.

Location:

2, High Street, Much Wenlock, TF13 6AA

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