Featured Pub to let
REDUCED INGOINGS NOW £149,950 Landmark Oxfordshire public house with high turnover of food due to its excellent location! ...
REDUCED INGOINGS NOW £149,950 Landmark Oxfordshire public house with high turnover of food due to its excellent location! ...
The Griffin is situated in the village of Toddington, between Luton, Woburn and Milton Keynes. The Griffin is a substantial quality outlet that is in excellent decorative order following a recent refurbishment and benefits from a large restaurant area as well as a lounge bar which affords a pool table. The layout enables both these areas to trade without interfering with each other. Food, music, sport, pool and great ales all go to ensure this is the place to be in the village. With the added benefit of 6 letting rooms this is a pub with everything. Why not visit the pub website on www.thegriffin-inn.co.uk
3 Year Tenancy
Tied for draught and packaged beers only.
£30,000
£56,000 p.a.
£1076.92 per wk
"This is a great opportunity for the right candidates to take over and further develop an already established business. The site is well equipped and well decorated throughout and will require minimal investment. A passion for good quality pub food as well as being part of the community is a must for this pub. With the added benefit of 6 letting rooms this is a pub that caters for everyone."
T: 07974 132833
Located in the village of Toddington, between Luton, Woburn and Milton Keynes. Within easy reach of M1 Junction 12 and A5.
Internal: 1 bar, 2 trading areas, 30 seat lounge, 60 cover dining room/ restaurant, 1 function room, toilets, trade kitchen, basement floor cellar and prep room. The condition of the trade accommodation is excellent. 6 letting rooms on 1st floor. External: Garden, patio, smoking shelter, large car park for 60 cars.
1 single, 1 double bedroom, lounge, dining room, kitchen and bathroom. The condition of the private accommodation is good.
3 Year Free of Tie, Rolling Agreement, free of tie on wines, spirits, minerals and machines. No rent review and a capped RPI increase at 4.75%. Service agreement to include repair and maintenance package of £56 per week.
£42,000 which includes £25,000 fixtures and fittings, £3,000 stock, glassware, crockery, cutlery, fuel and cleaning materials, £850 legal, £1,500 brokers and stocktaking fees, £900 rent in advance, security bond of £5,000 and working capital of £5,000.
£56,000 per annum, £1076.92 per wekk, fixed and subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.
| YEAR | BEER (brls) | WINES & SPIRITS (ltrs) | MINERALS (ltrs) |
| 2008/09 | 163 | 1727 | 5792 |
| 2007/08 | 154 | 985 | 4415 |
| 2006/07 | 180 | 738 | 4835 |
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 Scheme (VDS) £100 per barrel over Beer Barrelage Target (BBT), Two weeks trading terms.
Monday to Thursday: 11am to Midnight Friday & Saturday: 11am to 1am Sunday: 11am to 11pm
The Griffin would suit experienced operators looking for a step up to a bigger business, although enthusiasm is more relevant than experience.
Informal viewings can be made by either visiting the pub as a customer, or telephoning Regional Manager, Andy Wilson on 07974 132833.
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.
Greene King Pub Partners | Recruitment | Abbot House | Bury St Edmunds | Suffolk | IP33 1QT | Tel: 01284 714497
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