Walnut Tree Weston Super Mare
Winterstoke Road, Weston Super Mare, BS24 9HDAgreement Type: Foundation Tenancy
View for Walnut Tree Weston Super Mare details117, East St, Bedminster, Bristol, BS3 4EX
Pub Code: 0020753101
Est Min Ingoing Costs: £40,732
Annual Rent: £27,734
Fantastic refurbishment planned -
An impressive refurbishment will convert the Old Globe into a premium drinks-led, town centre pub with an on-trend food offer. Inside, the pub will be redecorated but in keeping with an all-new look and feel. Other upgrades throughout the pub such as refurbished and new fixed seat furniture, improved toilets and installing a new back bar will give the pub a much more premium feel.
Outside the pub, we will add covered booth seating, new festoon lighting. The entire outdoor area will receive a full redecoration, including a new wall mural. New signage will be also installed, illuminated by additional new lighting.
Community focused-
The Old Globe is located in the centre of the busy suburb of Bedminster. The pub itself is situated on the high street, which is a vibrant area full of bars, pubs and restaurants and hotels nearby. It’s an area of significant redevelopment and change, new housing, new businesses and a move away from the value led high street.
A pub business with potential-
The pub has an already established reputation. We’re building on strong foundations, taking it’s appeal to the next level and allow a new operator to build a reputation as one of the best places to meet friends, family or colleagues for a drink. The new décor, outdoor area and a welcome range of premium drinks will make this pub stand out over the competition. All we’re looking for is the right operator who understands the dynamics of a town centre pub….
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 the Old Globe will have extensive experience in high street hospitality businesses. They will have a clear vision for their drinks menu, sports offer and marketing strategy and can create a memorable experience for their 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 pubs next chapter…
Target customers-
When refurbished, the old Globe will appeal to a very broad spectrum of customers, including:
A range of people who want a great experience with a good range of beers in a warm and comfortable environment
Town centre professionals looking for a premium pub offering a range of drinks
Offer-
When refurbished, the Old Globe will offer:
A high quality, focused range including premium beers
On-trend pub food including pizza or hot dogs and burgers
Coffees
Live sport (especially rugby) and potential for some entertainment
The Pub will be undergoing a refurbishment which will cover the Choose an item. of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
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).
Annual Rent | £ 27,734 |
Estimated Annual Turnover | £ 352,622 |
Deposit | £ 6,934 |
Estimated Fixtures & Fittings Value | £ 26,298 |
Estimated Stock Valuation | £ 4,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 40,732 |
Estimated Minimum Ingoing Costs | £ 40,732 |
117, East St, Bedminster, Bristol, BS3 4EX
Agreement Type: Foundation Tenancy
View for Walnut Tree Weston Super Mare detailsAgreement Type: Foundation Tenancy
View for Great Western Corsham detailsAgreement Type: Investment Tenancy
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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