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Hole In The Wall Bodmin

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Hole In The Wall Bodmin

16, Crockwell Street, Bodmin, PL31 2DS Pub Code: 2303080101

Pub Code: 2303080101

Foundation Tenancy

Est. Annual Turnover: £411,141

Annual Rent: £31,941

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Great pub in the heart of Bodmin town centre.

What would you do with this pub to make it even more of a success?

The Area

The Hole in the Wall is located in the town of Bodmin, Cornwall. The pub is centrally located and surrounded by shops, food and retail outlets, and mixed housing.

Bodmin is popular with visitors, and the Hole in the Wall benefits from a prime location close to many of the town’s main tourist attractions, including Bodmin Gaol and the Military Museum.

Demographics

The pub benefits from being in a town centre location and is one of 12 pubs found in an area of around 4,297 adults. The customer base is mainly made up of mature adults on medium incomes, as well as visitors to the area.

The Offer

Available on our Foundation Tenancy Agreement. Click here for more information on this agreement.

The potential of this pub lies in developing the business, which currently operates as a wet-led offer with a strong focus on cask ales. The pub is also SIBA accredited.

The site has the opportunity to drive trade by making the most of social media, maintaining its cask ale offer and maximising the use of its large outside trading area. It currently offers a great selection of cask ales, popular beers, ciders, wines, spirits and coffees.

We’re always open to new ideas. What would you do to drive trade?

The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their drinks offer and marketing strategy, and be able to create a memorable experience for customers.

A good understanding of the local community would also be beneficial.

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...

  • Foundation Tenancy

  • Function Room

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

  • Main trading area with bar
  • Circa 70 internal covers
  • Circa 40 external covers
  • Function room upstairs
  • HEINEKEN SmartDispense
  • Large paved outside trading area
  • Located next to a public car park

Private Accommodation

Private accommodation consists of two bedrooms, a living room, kitchen and bathroom.

Pub Financials Icon

With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.


Indicative entry costs range from**:

£12,162 - £30,485

Annual
Estimated Annual Turnover
£411,141
Annual Rent
£31,941
Entry Costs
Deposit
**Deposit build up from 1 month rent
£7,985**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£13,000**
Stock Valuation
£6,000
Working Capital Required
£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.

Location:

16, Crockwell Street, Bodmin, PL31 2DS

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