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Greyhound Inn Bridgewater
1, Lime Street, Bridgwater, TA5 1QR
Pub Code: 2300800101
Key Features
- Cosy, village inn
- Family-friendly offering
- Modern beer garden
- Three Letting rooms
Est Min Ingoing Costs: £9,959
Annual Rent: £17,622
More Information
Vibrant Village Inn
Set in the historical Somerset village of Stogursey, The Greyhound Inn is a wonderfully cosy village local with three letting rooms. Surrounded by homes, the mature residents of idyllic Stogursey present an excellent customer base for the pub. The village itself is picturesque and popular with tourists travelling around the beautiful coast.
Popular with walkers and locals, the pub offers a great range of fresh ales, beers & ciders which can be enjoyed in the front lounge. The dining area, which serves classic pub favourites and meats from the grill, is also used for a variety of events, including a regular quiz, open mic nights and live music. Boasting rustic and warm letting rooms, the pub benefits from this letting income as an additional revenue stream.
Set in the historical Somerset village of Stogursey, The Greyhound Inn is a wonderfully cosy village local with three letting rooms. Surrounded by homes, the mature residents of idyllic Stogursey present an excellent customer base for the pub. The village itself is picturesque and popular with tourists travelling around the beautiful coast.
Popular with walkers and locals, the pub offers a great range of fresh ales, beers & ciders which can be enjoyed in the front lounge. The dining area, which serves classic pub favourites and meats from the grill, is also used for a variety of events, including a regular quiz, open mic nights and live music. Boasting rustic and warm letting rooms, the pub benefits from this letting income as an additional revenue stream.
Trading Area & Facilities
Inside, the Greyhound is in good condition and is full of rustic charm. The trading area is divided into three distinct zones: the front lounge which has a log burning fire and soft leather sofas; the dining area which offers casual dining for 48 covers and is often used for events; and the contemporary sports bar which proves popular with teams for pool, darts and skittles.
There are three letting rooms which provide an additional revenue stream for the future operator.
Outside, the pub has great kerb appeal thanks to modern signage and a good lighting scheme. There is a modern, decked area with picnic tables for dining or drinks in the warmer summer months for customers and also a children's play area. Finally, a large, secure, free car park is available for customers.
There are three letting rooms which provide an additional revenue stream for the future operator.
Outside, the pub has great kerb appeal thanks to modern signage and a good lighting scheme. There is a modern, decked area with picnic tables for dining or drinks in the warmer summer months for customers and also a children's play area. Finally, a large, secure, free car park is available for customers.
Private Accommodation
Private accommodation consists of one bedroom, a lounge and a kitchen.
Premises Licence Details
Please see the Licence for full details.
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
08:00 - 00:30 |
08:00 - 00:30 |
08:00 - 00:30 |
08:00 - 00:30 |
08:00 - 00:30 |
08:00 - 00:30 |
12:00 - 00:00 |
| Annual Rent | £ 17,622 |
| Estimated Tenants Annual Operating Profit | £ 24,620 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 175 |
| Estimated Annual Turnover | £ 293,254 |
| Estimated Annual Barrelage | 154 |
* 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
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 5,617 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 5,000 |
| Deposit Amount | £ 4,406 |
| Rent in Advance | £ 339 |
| 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 | £ 16,982 |
| Estimated Minimum Ingoing Costs | £ 9,959 |
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.
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 | £ 2,553 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
| 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
* 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
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
Or visit
www.starpubs.co.uk
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