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Kings Arms Cheltenham

140, Gloucester Road, Cheltenham, GL51 8NB

Pub Code: 2303190101

Key Features

  • Wet Lead community Local
  • Great Location
  • Sports Available
  • Outside Trading Area

Est Min Ingoing Costs: £10,046

Annual Rent: £22,150

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More Information

The Kings Arms is a traditional local community pub in the heart of Cheltenham. 

This wet lead pub offers a wide range of beers and cask ales along with wines and spirits.

It is popular with locals looking to watch all major sporting events on one of the several TV’s situated around the pub or just to pop in for a great pint and a game of darts or pool.

Situated to the side of the Kings Arms is courtyard that is a suntrap in the summer, idea for relaxing with a beer on those warm days.

  • Foundation Tenancy

  • Live Sports

  • Pub Games

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

  • Weekly Billing

Trading Area & Facilities

The trading area at the Kings Arms consists of a central u-shaped bar and plenty of seating throughout the pub. It is in good decorative order. A darts board and pool table along with many TV’s make this site popular with sports fans.

There is no kitchen on site.

Outside the Kings Arms has a great courtyard with bench style seating

Private Accommodation

The private accommodation consists of 3 bedrooms, a kitchen and a lounge. As part of our Ready to Trade promise, we will ensure that your private accommodation is in a good state of repair so that you can focus your time and energy on your new business.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
09:00 -
00:30
09:00 -
00:30
09:00 -
00:30
09:00 -
00:30
09:00 -
01:30
09:00 -
01:30
10:00 -
00:30

Annual Rent £
22,150
Estimated Tenants Annual Operating Profit £
22,898
Representative HEINEKEN UK Brand Discount Per Barrel £
160
Estimated Annual Turnover £
255,380
Estimated Annual Barrelage
196
* 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 £
10,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
5,538
Rent in Advance £
426
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 £
22,584
Estimated Minimum Ingoing Costs £
10,046
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 £
1,651
Estimated Annual Maintenance Compliance Charge £
1,087
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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