Swan Downham Market
29 High Street, Downham Market, PE38 9HFAgreement Type:
Investment Tenancy
View details for Swan Downham Market
Manor House Wortham
Manor House Wortham
Bury Road, Wortham, IP22 1PX Pub Code: 0092010101
Pub Code: 0092010101
Investment TenancyEst. Annual Turnover: £438,342
Annual Rent: £30,387
Pub Overview
A £255,000 investment is planned to transform the Manor House into a high-quality Great Pub Great Food destination with a warm, inviting atmosphere. What would you do with this pub to make it a success?
About the area
The Manor House is situated in Wortham, near Diss, in a highly visible position along a busy main road leading to both Diss and the coast. This strong roadside presence offers excellent passing trade and accessibility, while the surrounding village setting brings charm and a sense of community.
With around 60,000 people living within a 20-minute drive time, the pub benefits from a substantial and affluent catchment, creating a strong foundation for a premium food-led offer. The refurbishment will reposition the pub to better serve this audience, appealing to families and a broader mix of customers looking for a high-quality pub experience in a welcoming setting.
Demographics
The local demographic is well suited to a Great Pub Great Food proposition, with an affluent customer base and a sizeable population within easy reach. The upgraded offer and enhanced surroundings will help attract families, casual diners and customers seeking a premium yet relaxed dining and social experience.
The offer
Manor House is available on our investment tenancy agreement. Click here for more information on this agreement. Please refer to the 'Refurbishment Details' section for details of the investment being made.
Who we're looking for
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 Manor House will have extensive experience in hospitality businesses. They will have a clear vision for their food and drinks menu, alongside a strong marketing strategy, and can create a memorable experience that attracts both local residents and destination visitors.
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
The pub after refurbishment will be decorated in a modern homely style. The Manor House boasts an open fireplace and striking wooden beams. There are several spaces throughout dedicated to both drinking and dining. Outside, the pub has a great space. Seating to the front of the pub as well as an appealing beer garden to the rear.
Private Accommodation
Self-contained private accommodation consists of two bedrooms, living room, galley kitchen and bathroom.
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
£31,697
Annual
Estimated Annual Turnover
£438,342
Annual Rent
£30,387
Entry Costs
Deposit
£7,597
Estimated Fixtures & Fittings Value
£14,800
Stock Valuation
£5,800
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.
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:
Bury Road, Wortham, IP22 1PX
[]
Selected pub
Other pubs
People also viewed
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
Pub Vacancy Alerts
Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs. It’s free and puts you under no obligation.
Register
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download