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George Knowle

228, Wells Rd, Knowle, Bristol, BS4 2AX

Pub Code: 0090214101

Key Features

  • Striking Building
  • Great Potential Customer Base
  • Lucrative Site
  • Untapped Potential

Est Min Ingoing Costs: £11,070

Annual Rent: £23,377

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More Information

Substantial Site

A striking, mid-19th Century building, the George in Knowle is located at the top of the hill on Wells Road, Bristol. Set back from the road, the pub is surrounded by homes which provides a wide variety of potential customers, ranging from comfortable families and professionals to more mature homeowners who have modest incomes.

As there is no kitchen at present, the current offer is primarily drinks led and based around keenly priced drinks and events such as live music, live sports and traditional pub games. To excel, The George must become the hub of the neighbourhood, a focal point for all locals. Supporting the many and varied interest groups in the area such as darts, pool, fundraising, local schools, business networking, whatever they may be, is key. The future offer should be based around a combination of product quality, friendly customer service and sensible pricing.

Customer Focused Entrepreneur Wanted

The ideal operator will be able to offer a quality, traditional style pub with a focus on community engagement. A detailed business plan will be required, outlining business-driving ideas.

  • Foundation Tenancy

  • Live Sports

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

This large pub offers spacious seating and can hold up to 80 seated guests. The traditional decor is in good repair and consists of warm colours throughout. The pub boasts a generous, separate function room which can also double as a skittle alley.

Externally, the impressive building is bright and appealing with additional external seating to the front of the pub.

Private Accommodation

Private accommodation at The George consists of three bedrooms, a lounge, kitchen and bathroom.

Premises Licence Details

See Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
12:00 -
23:30
12:00 -
23:30
12:00 -
23:30
12:00 -
23:30
12:00 -
00:30
12:00 -
00:30
12:00 -
23:30

Annual Rent £
23,377
Estimated Tenants Annual Operating Profit £
30,575
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
348,804
Estimated Annual Barrelage
254
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
8,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
5,844
Rent in Advance £
450
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
21,914
Estimated Minimum Ingoing Costs £
11,070
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
2,005
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4908
Estimated Annual Repairs Fund £
1300
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
** 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

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