Square Deeping
13 Market Place, Market Deeping, PE6 8EAAgreement Type: Foundation Tenancy
View details for Square Deeping
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: £9,959
Annual Rent: £23,510
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.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers
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
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.
| Annual Rent | £ 23,510 |
| Estimated Annual Turnover | £ 316,235 |
| Deposit | £ 5,878 |
| Estimated Fixtures & Fittings Value | £ 855 |
| Estimated Stock Valuation | £ 4,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 14,733 |
| Estimated Minimum Ingoing Costs | £ 9,959 |
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:
South Street, Bourne, PE10 9LY
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View details for Angler Oakham (Mill Street Pub & Kitchen)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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