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Masons Arms Bourne
South Street, Bourne, PE10 9LY
Pub Code: 0020678101
Key Features
- Beautiful Listed Building
- 140 covers in total
- Great Outdoor Space
- Private Accommodation
- Parking Nearby
Est Min Ingoing Costs: £9,543
Annual Rent: £22,000
More Information
A charming pub in the historic market town of Bourne
Bourne is a lively and exciting town. It hosts many annual events such as the Bourne Festival and the Bourne Classic Car & Bike Carnival. Live music attracts locals and visitors to the pub due to its lively atmosphere. A good schedule of events make the Masons Arms the go-to place.
Masons Arms already has a lucrative drinks offer. There is no catering kitchen on-site but an opportunity does exist to introduce a simple snack offer.
Star Pubs & Bars are looking to work with a community focused operator with a good local knowledge. They must also have a passion to make the Masons Arms the best community local in Bourne.
Bourne is a lively and exciting town. It hosts many annual events such as the Bourne Festival and the Bourne Classic Car & Bike Carnival. Live music attracts locals and visitors to the pub due to its lively atmosphere. A good schedule of events make the Masons Arms the go-to place.
Masons Arms already has a lucrative drinks offer. There is no catering kitchen on-site but an opportunity does exist to introduce a simple snack offer.
Star Pubs & Bars are looking to work with a community focused operator with a good local knowledge. They must also have a passion to make the Masons Arms the best community local in Bourne.
Trading Area & Facilities
Trading Area & Facilities
The Masons Arms is a charming pub with lots of character. Featuring an imposing open fireplace in the main bar and low wooden beams throughout. In the second room, there is a pool table and darts boards used by local teams every week. Gaming machines provide an extra income. Inside can hold up to 70 covers.
Externally the Masons Arms has a large garden space with the potential to have 70 covers.
The Masons Arms is a charming pub with lots of character. Featuring an imposing open fireplace in the main bar and low wooden beams throughout. In the second room, there is a pool table and darts boards used by local teams every week. Gaming machines provide an extra income. Inside can hold up to 70 covers.
Externally the Masons Arms has a large garden space with the potential to have 70 covers.
Private Accommodation
Private Accommodation
Private accommodation at the Masons Arms is over 2 floors. It consists of three double bedrooms, lounge, kitchen and bathroom. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on driving your business.
Private accommodation at the Masons Arms is over 2 floors. It consists of three double bedrooms, lounge, kitchen and bathroom. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on driving your business.
Premises Licence Details
Please see the Premises License 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 - 00:30 |
| Annual Rent | £ 22,000 |
| Estimated Tenants Annual Operating Profit | £ 26,998 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 150 |
| Estimated Annual Turnover | £ 353,292 |
| Estimated Annual Barrelage | 275 |
* 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 | £ 15,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 4,500 |
| Deposit Amount | £ 5,500 |
| Rent in Advance | £ 423 |
| 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 | £ 27,043 |
| Estimated Minimum Ingoing Costs | £ 9,543 |
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 | £ 626 |
| Estimated Annual Maintenance Compliance Charge | £ 1,565 |
| 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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