Kings Arms
79 Wyke Rd, Hilperton Marsh, Trowbridge, BA14 7NZAgreement Type: Investment Tenancy
View details for Kings Arms
The Courthouse
2, Castle Street, Trowbridge, BA14 8AN
Pub Code: 0010285101
Key Features
- Free of Tie on Wines & Spirits
- On the high street
- Passing daytime trade
- Private accommodation
Est Min Ingoing Costs: £8,807
Annual Rent: £15,685
More Information
Stunning Site, Central Location
The Courthouse is a fantastic, three-storey, town centre pub which sits on two of the town’s principal thoroughfares. The pub was refurbished in 2016 and has retained the traditional character of this landmark pub.
Trowbridge is a thriving West Country market town situated roughly halfway between Bath (12 miles) and Warminster (10 miles). Trowbridge is an administrative and commercial hub for the area and boasts excellent transport links. The excellent shops, schools and other local amenities, combined with the beautiful surrounding countryside, have made Trowbridge a popular place to live.
The future vision for this pub is to deliver a premium food and drink experience, that will attract local shoppers and businesses that are right on its doorstep.
The Courthouse is a fantastic, three-storey, town centre pub which sits on two of the town’s principal thoroughfares. The pub was refurbished in 2016 and has retained the traditional character of this landmark pub.
Trowbridge is a thriving West Country market town situated roughly halfway between Bath (12 miles) and Warminster (10 miles). Trowbridge is an administrative and commercial hub for the area and boasts excellent transport links. The excellent shops, schools and other local amenities, combined with the beautiful surrounding countryside, have made Trowbridge a popular place to live.
The future vision for this pub is to deliver a premium food and drink experience, that will attract local shoppers and businesses that are right on its doorstep.
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 pub will have extensive experience in a high street hospitality business. They will have a clear vision for their food & drinks menu 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 pub’s next chapter…
Trading Area & Facilities
Internally, the large open plan trade area is served by a central bar and commercial kitchen. The pub can cater for at least 50 covers.
Externally, as part of the completed project, repairs and decorations have been undertaken, including the installation of a new signage and lighting scheme to fit the new image and name, ‘The Courthouse’.
There is no parking with the pub but locally there is ample on street parking.
Externally, as part of the completed project, repairs and decorations have been undertaken, including the installation of a new signage and lighting scheme to fit the new image and name, ‘The Courthouse’.
There is no parking with the pub but locally there is ample on street parking.
Private Accommodation
The private accommodation consists of two bedrooms, lounge, kitchen and bathroom and an office.
| Annual Rent | £ 15,685 |
| Estimated Annual Turnover | £ 259,686 |
| Deposit | £ 3,921 |
| Estimated Fixtures & Fittings Value | £ 9,045 |
| Estimated Stock Valuation | £ 4,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 17,466 |
| Estimated Minimum Ingoing Costs | £ 8,807 |
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:
2, Castle Street, Trowbridge, BA14 8AN
More properties in this region
Great Western Corsham
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View details for Great Western Corsham
Kings Head Wells
36 High St, Wells, BA5 2AEAgreement Type: Just Add Talent
View details for Kings Head WellsTo 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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