The stated ingoing figures are correct at point of advertising.
Please be aware there may be additional costs. Please note that the Energy
Performance Certificate is available from the landlord.
All financial information shown, including projected turnover, costs and
potential earnings, is provided for illustrative purposes only and was
correct at the time of advertising. These figures are not guaranteed and
actual results may vary based on trading performance, operator decisions
and market conditions.
Please note that the Energy Performance Certificate is available from the landlord.
Annual Rent: £45,000. To support you in getting off to a strong start, the landlords are offering an introductory rent that is significantly below the headline rent. This reduced rent applies for the first few months of the agreement, allowing the new licensee(s) to establish the business and build trade during the early operating period. They are currently assessing the business with a view to a forthcoming refurbishment, and the final rent will be confirmed in discussion with our Business Development Manager.
Stepped rent structure (introductory period):
- Weeks 1–6: £548 per week plus VAT
- Weeks 7-10: £770 per week plus VAT with a view to discussing a refurbishment and a rental assessment.
Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
Working Capital: £4,500
Stock: £4,500
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drink categories are tied. For fully funded licensees on long-term agreements, the landlords offer free-of-tie options for certain drinks categories in exchange for an annual fee.