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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: £8,960

Annual Rent: £17,681

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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.

Experienced Operator Wanted

The ideal operator will be able to offer quality traditional style pub with a modern twist, an excellent cask ale range and selective food menu.

  • Catering Kitchen

  • Foundation Tenancy

  • Music Venue

  • Cask Ale

  • Private Accommodation

  • Monthly Billing

  • Weekly Billing

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.

Private Accommodation

The private accommodation consists of two bedrooms, lounge, kitchen and bathroom and an office.

Premises Licence Details

See licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
06:00
11:00 -
06:00
11:00 -
06:00
11:00 -
06:00
11:00 -
06:00
11:00 -
06:00
11:00 -
06:00

Annual Rent £
17,681
Estimated Tenants Annual Operating Profit £
20,179
Representative HEINEKEN UK Brand Discount Per Barrel £
180
Estimated Annual Turnover £
294,030
Estimated Annual Barrelage
190
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
3,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
4,420
Rent in Advance £
340
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 £
13,380
Estimated Minimum Ingoing Costs £
8,960
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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
1,528
Estimated Annual Maintenance Compliance Charge £
1,862
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

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