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Royal George, Purton

27, Pavenhill, Swindon, SN5 4BZ

Pub Code: 2302455101

Key Features

  • Excellent Location
  • Extensive Beer Garden
  • Great Food Opportunity
  • Private Accomodation

Est Min Ingoing Costs: £13,066

Annual Rent: £18,787

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More Information

The Royal George is a cosy, community local based in village of Purton, northwest of Swindon centre. This family friendly pub is surrounded by affluent residents looking for a comfortable, stylish pub to enjoy a relaxed, delicious meal and drink. Ideally positioned on a main artery leading into the village centre, the pub has the potential to be a food led, community hub.

Trading Area & Facilities

The Royal George has a charismatic, rustic bar servery, complimented by a two large, modern dining areas.  Outside, the pub has good kerb appeal and an enviable, extensive beer garden.

Private Accommodation

Private accommodation at the Royal George consists of 3 bedrooms, a lounge and kitchen. 

Annual Rent £
18,787
Estimated Annual Turnover £
247,427
Deposit £
4,697
Estimated Fixtures & Fittings Value £
15,000
Estimated Stock Valuation £
8,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
31,197
Estimated Minimum Ingoing Costs £
13,066
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.

Location:

27, Pavenhill, Swindon, SN5 4BZ

Google map location image of Royal George, Purton