Kings Arms
79 Wyke Rd, Hilperton Marsh, Trowbridge, BA14 7NZAgreement Type: Investment Tenancy
View details for Kings Arms
Great Western Corsham
21, Pound Pill, Corsham, SN13 9JA
Pub Code: 0092023101
Key Features
- Exciting Opportunity for a Food Experienced Operator
- Beautiful Destination Pub
- Outdoor Trading Area
- Car Park 15 spaces
- Smart Dispense
- Private Accommodation
Est Min Ingoing Costs: £10,500
Annual Rent: £36,002
More Information
Fantastic English Village Pub
What would you do with this pub to make it even more of a success?
The Great Western is located in a premium setting, half a mile from Corsham Town Centre and within walking distance from a local school.
There are more than 20,000 people living within a ten-minute drive, comprising mostly of professionals with above-average salaries, and high levels of disposable income. This makes it the perfect location for a quality pub with a great food offering.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The 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 live sports, selection of pub games such as darts. It offers a selection of popular beers, ciders, wines and spirits, coffees, and a pub classic menu.
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 extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer 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…
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- 70 internal covers
- 60 external covers
- Catering kitchen
- Function room
- SmartDispense
- Beer garden
- Car park with 15 spaces
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, bathroom, kitchen.
| Annual Rent | £ 36,002 |
| Estimated Annual Turnover | £ 390,909 |
| Deposit | £ 9,000 |
| Estimated Fixtures & Fittings Value | £ 5,640 |
| Estimated Stock Valuation | £ 4,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 22,140 |
| Estimated Minimum Ingoing Costs | £ 10,500 |
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:
21, Pound Pill, Corsham, SN13 9JA
More properties in this region
The Courthouse
2 Castle Street, Trowbridge, BA14 8ANAgreement Type: Foundation Tenancy
View details for The Courthouse
Royal George, Purton
27 Pavenhill, Swindon, SN5 4BZAgreement Type: Foundation Tenancy
View details for Royal George, PurtonTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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