Dog Inn Whittington
2 Main Street, Lichfield, WS14 9JUAgreement Type:
Investment Tenancy
View details for Dog Inn Whittington
Goats Head Abbots Bromley
Goats Head Abbots Bromley
Market Place, Rugeley, WS15 3BP Pub Code: 2303108101
Pub Code: 2303108101
Foundation TenancyEst Min Ingoing Costs: £8,833
Annual Rent: £16,000
Character Filled Pub
The Goats Head dates back to the 16th century. Steeped in history, one of the rooms is named after the highwayman Dick Turpin who stayed a night in the inn. A stunning Grade II listed building in the centre of the village which is one of the most sought-after villages to live in the UK.
The Goats Head should be the social hub of the community, as well as attracting visitors from further afield. There is a great opportunity to develop the food side of the business. This, along with maximising the fabulous space in the rear garden will create a premium destination in a pub full of character.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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…
Trading Area & Facilities
The Goats Head has a two-room set up which includes a dining area and a separate bar. Each section has a bar servery area and a traditional aesthetic with exposed beam ceilings and brickwork walls. The catering facilities are to a high standard which will allow an operator to implement a good food offer.
Externally, the pub has a concrete patio with benched seating. This part of the pub is hidden away from the main road, so it offers customers the perfect space to enjoy a drink outdoors in the warmer months of the year. There is also a grass lawn which allows space for additional seating or possibly for events.
There are also outbuildings to the rear patio area of the pub that could be utilised in the future. An outside toilet serves the garden.
Private Accommodation
The private accommodation consists of three bedrooms, living room, office, kitchen and bathroom. 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.
Estimated Total Ingoing Costs
£21,500
Estimated Minimum Ingoing Costs
£8,833
Annual Rent
£16,000
Estimated Annual Turnover
£229,738
Deposit
£4,000
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£4,000
Estimated Working Capital
£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.
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:
Market Place, Rugeley, WS15 3BP
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
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www.starpubs.co.uk
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