George & Dragon Much Wenlock

2 High Street, Much Wenlock TF13 6AA

  • George & Dragon Much Wenlock
  • George & Dragon Much Wenlock
  • George & Dragon Much Wenlock
  • George & Dragon Much Wenlock
  • George & Dragon Much Wenlock
  • George & Dragon Much Wenlock
  • George & Dragon Much Wenlock
  • George & Dragon Much Wenlock

George & Dragon Much Wenlock

George & Dragon Much Wenlock

Situated directly on the high street, this beautiful grade 2 listed building is in an ideal location and has great kerb appeal. Not far from Much Wenlock Museum and Visitor centre it is currently a very popular place for visitors and local diners. This pub could be the hub of the local community and offers a fantastic opportunity for an operator to introduce a new light bite / snack and coffee offer to attract more daytime passing trade.

Passionate community friendly operator Wanted

Have you got a positive and driving attitude to make this business a success? Do you have a clear vision for how you can bring success to this beautiful traditional pub? If so, we want to hear from you. We are looking for someone that can serve excellent products with passion and quality. The ability to drive trade by a unique and fantastic offer of food and drink is essential.

Pub Features

  • Rolling Tenancy
  • Catering Kitchen
  • Outdoor Trade
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The trading area comprises of a central one bar operation with lots of small segmented areas throughout the pub and with traditional wooden beams on the ceilings and an open fire at one end of the premises, the George and Dragon has a very cosy traditional feel. With a catering kitchen on site the pub has the potential to introduce an exciting food offer. There is also a small outside trading area to the back of the pub with bench style seating, great for a drink on those warm evenings.

Private Accommodation

The private accommodation consists of bedrooms, bathroom, and Kitchen with lounge area. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business

Premises Licence Details

Premises Licence Opening Hours

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

Financials

Annual Rent £
25,250
Estimated Annual FMOP (Licensee Profit) £
25,147
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
307,894
Estimated Annual Barrelage
204

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 £
12,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
6,313
Rent In Advance £
486
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 £
24,984
Estimated Minimum Ingoing Costs £
11,289

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 £
1,365
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £

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