Weston Bath

Newbridge Road, Bath BA1 3HE

  • Weston Bath
  • Weston Bath
  • Weston Bath
  • Weston Bath
  • Weston Bath
  • Weston Bath
  • Weston Bath
  • Weston Bath

Weston Bath

Historic Community Hub

Due to receive a £644k investment from Star Pubs & Bars, the Weston is a stunning, Grade II listed building situated within the Bath Conservation Area and World Heritage Site. Located on the corner of Newbridge Road and Ashley Avenue, the pub is situated approximately 1.5km west of Bath City Centre and benefits from excellent passing trade.

Our future vision for the pub is appeal to the local community and possible tourist trade by providing locally sourced, hearty pub classics at affordable prices. The offer should be based around a combination of product quality, service and price.

Food Orientated Entrepreneur Wanted

Would you suit this pub? The ideal operator is preferably someone who's local to the area, with great catering skills and will know how to construct a menu that will appeal as much to hungry drinkers as to special occasion diners: this should be the very first place locals want to come when they fancy a night out for a meal.

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Catering Kitchen
  • Private Accommodation
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The Weston is a large open plan pub with comfortably furnished designated trading areas, where guests can relax and enjoy their food & drink. There is a large bar area with raised seating, a lounge with boothed seating for dining and finally a dedicated games room with pool table.

Private Accommodation

The private accommodation consists of three bedrooms, bathroom and a lounge. In line with our Ready To Trade promise, we will ensure the accommodation is in a good state of repair so you can focus on building your business.

Premises Licence Details

Please refer to Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 00:30 09:00 - 02:30 09:00 - 02:30 09:00 - 00:30

Financials

Annual Rent £
65,000
Estimated Annual FMOP (Licensee Profit) £
70,955
Representative HEINEKEN UK Brand Discount Per Barrel £
135
Estimated Annual Turnover £
735,657
Estimated Annual Barrelage
260

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 £
35,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
16,250
Rent In Advance £
1,250
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
60,685
Estimated Minimum Ingoing Costs £
50,000

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 £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
Wet & Dry - from 6,108pa

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