Greyhound Inn Bridgewater
1 Lime Street, Bridgwater, TA5 1QRAgreement Type: Foundation Tenancy
View details for Greyhound Inn Bridgewater
Washford Inn Washford
Station Road, Washford, Watchet, TA23 0PP
Pub Code: 0010498101
Key Features
- 8 En-suite Letting Rooms
- Located on Edge of Exmore & Quantocks
- On Major tourist route to Minehead
- Adjacent to West Somerset Stream Railway
- Large Car Park
- Private accommodation
Est Min Ingoing Costs: £12,266
Annual Rent: £21,189
More Information
Great Pub in a perfect location
What would you do with this pub to make it a success.
The area
The Washford Inn is located in the town of Washford, on the main road to Minehead. It sits adjacent to the West Somerset Railway and close to Exmoor and Quantock Hills. The pub is surrounded by rural housing.
Demographics
The pub benefits from being one of 2 pubs found within a 20-minute walk. The local customer base is made up of older rural homeowners, village families. A business is also driven by tourist visiting the area making full use of the 8 en-suite letting rooms.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through social media / marketing strategy.
The site currently has the ability to drive trade with great promotions and maximising its great location. Also, by offering a selection of a pub classic menu, popular beers, ciders, wines and spirits, and coffees in a warm and welcoming surrounding.
We’re always open to new ideas, what would you do to drive trade?
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 similar hospitality business. They will have a clear vision for their marketing strategy, food & drinks menu and entertainment offer 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
- Main large trading area with bar
- Designated dining area
- 60 internal covers
- Catering kitchen
- 8 En-suite letting rooms.
- Large garden area
- Large car park with
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom
| Annual Rent | £ 21,189 |
| Estimated Annual Turnover | £ 323,100 |
| Deposit | £ 5,297 |
| Estimated Fixtures & Fittings Value | £ 15,000 |
| Estimated Stock Valuation | £ 7,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 30,797 |
| Estimated Minimum Ingoing Costs | £ 12,266 |
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:
Station Road, Washford, Watchet, TA23 0PP
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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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