Langton Court Bristol

Langton Court Road, Brislington, Bristol BS4 4EG

  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol
  • Langton Court, Bristol

Langton Court Bristol

Subject of a proposed refurbishment, a great "local's pub"!

The Langton Court is situated in Brislington, an area in the south east of the city of Bristol. The site is in a highly populated residential area, with 30,000 adults living within only one mile. It is also located close to the local school, meaning staff and parents will add to the potential customer base.

As part of the future offer, the pub will target locals living within one mile, looking for a great local pub venue suitable for a range of occasions. The appealing food offer will help to draw in customers from further afield, as well as locals. This is a pub with great infrastructure and facilities to build upon, including a car park, outdoor space, large trade area, function room and skittle alley.

Ideal Site for an Experienced Operator!

The proposed refurbishment will help the right operator develop this attractive pub opportunity, ideally suited to an experienced community operator. This project will significantly enhance the business and we would like to see you bring your own ideas and flair to make the most of this opportunity.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Refurbishment Planned
  • Live Sports
  • Long-Term FRI Lease
  • Private Accommodation
  • Pub Games
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally, this is a classic two bar operation with a lounge and function room with pool tables and a skittle alley.

There is no catering kitchen at the site.

Externally, the site benefits from a large car park and a covered external drinking area.

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

The private accommodation consists of four bedrooms, lounge, kitchen, bathroom and office.

Premises Licence Details

See licence for full details.

Premises Licence Opening Hours

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

Financials

Annual Rent £
46,250
Estimated Annual FMOP (Licensee Profit) £
46,328
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
717,826
Estimated Annual Barrelage
322

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
34,407
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
11,563
Rent In Advance £
3,854
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
320
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
54,194
Estimated Minimum Ingoing Costs £
54,194

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
4,074
Estimated Annual Maintenance Compliance Charge £
1,238
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased