Walnut Tree Weston Super Mare

Winterstoke Road, Weston Super Mare BS24 9HD

  • Walnut Tree Weston Super Mare
  • Walnut Tree Weston Super Mare
  • Walnut Tree Weston Super Mare
  • Walnut Tree Weston Super Mare
  • Walnut Tree Weston Super Mare
  • Walnut Tree Weston Super Mare
  • Walnut Tree Weston Super Mare
  • Walnut Tree Weston Super Mare
  • Walnut Tree Weston Super Mare

Walnut Tree Weston Super Mare

Recently Refurbished

The Walnut Tree holds a prominent position on the main road at the busy Winterstoke Road and Broadway T-junction to the east of Weston Super Mare. Located in a well-populated residential area and supported by families and more mature couples looking for an enjoyable and welcoming pub to relax in.

In good condition throughout following an extensive refurbishment in 2016, the pub received a new signage and lighting scheme, combined with complete redecoration of the trading areas. The Walnut Tree is a great pub offering a place for locals to come enjoy a great pub classic and make the most of the pub games.

Friendly, Community Orientated Operator Needed!

The ideal operator for this site will have the drive to make a success of running a community style operation and the ability to develop and enhance a food offer. Ties with the local community will be important to the overall success; knowledge of the local area will be essential.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Pub Games
  • Weekly Billing

Trading Area & Facilities

The pub is split in to several distinct trading areas each supported by one central servery. The main area has much more of a pub feel to it with a mix of loose and fixed seating to let you enjoy drinks with friends. There is a fantastic skittle alley as well as an area focusing on sports including a pool table, air hockey and a foosball table. The second trading area is situated within the conservatory and is more focused around food and having a place dine away from the main hub of the pub.

Externally, the Walnut Tree is supported by an outdoor trading area with several tables and chairs, this makes for a great spot to enjoy a quiet drink in the warm summer days. Also there is a substantial car park for around 30/40 cars.

Private Accommodation

The private accommodation at the Walnut Tree consists of two bedrooms, lounge, kitchen and bathroom and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

See premise license for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 01:30 11:00 - 01:30 11:00 - 00:30

Financials

Annual Rent £
25,000
Estimated Annual FMOP (Licensee Profit) £
29,891
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
322,893
Estimated Annual Barrelage
186

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
6,062
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
6,250
Rent In Advance £
481
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
320
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
21,128
Estimated Minimum Ingoing Costs £
13,418

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,992
Estimated Annual Maintenance Compliance Charge £
1,344
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,920

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased