Bell

GENERAL INFORMATION

LOCATION

The village of Odell is the smallest of the Ouse Valley villages, with about 200 households. Though small, it has a lively, thriving community in which every age group is represented. Odell is situated in the north of Bedfordshire, near to the borders of Northamptonshire and Buckinghamshire. The pub backs onto a large country park with direct access to the beer garden and which is a popular stop off for walkers and ramblers.

TRADE AREAS

Internal: Single bar and 3 trading areas, lounge, dining room, kitchen, toilets and ground floor cellar. External: The property has an attractive patio and garden. There is also a car park for up to 10 vehicles.

PRIVATE ACCOMMODATION

3 bedrooms, 1 single and two double, lounge, kitchen, bathroom and office.

BUSINESS INFORMATION

AGREEMENT DESCRIPTION

3 YEAR Free of tie Rolling Agreement free of tie on wines, minerals & spirits (machines),(Packaged beer and FAB's). No rent review and a capped RPI increase at 4.75%. Service agreement to include repair and maintenance package.

COSTS

£32,000 which includes £15,000 fixtures & fittings,£3000 stock, glassware, crockery, cutlery, fuel & cleaning materials,£850 legal,£1500 brokers and stocktaking fees,£1500 rent in advance, security bond of £5,000 and working capital £5,000.

RENT

£35,000 per annum, £673.08 per week fixed and subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.

VOLUME

ESTIMATING TURNOVER

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation, (if applicable). Barrelage figures are given to assist you with calculations.

VOLUME DISCOUNT

Volume Discount Scheme (VDS) £100 per barrel over Beer Barrelage Target (BBT). Two weeks trading terms.

CURRENT PREMISES LICENCE OPENING HOURS

Monday to Saturday: 11am - Midnight Sunday: 11am - 11pm

WHAT TO DO NEXT

WHO SHOULD APPLY

Would ideally suit applicants with a strong food background and love of running good quality destinational dining outlet.

VIEWING/INTERVIEW DAY

Once you have viewed the property and identified that it's right for you, the next step is to complete an application form. This can be done online at www.greenekingpubs.co.uk. If you do not have access to the internet, or have already completed an application form, please telephone 01284 714497 to register your interest. Please ensure your completed application form is received immediately.

HOW TO APPLY

Informal viewings can be made by either visiting the pub as a customer, or telephoning Regional Manager Andy Wilson on 07974 132833. Formal viewings can be arranged once we have received your completed application.