4 Market Square, Toddington, Dunstable, Bedfordshire, LU5 6BP
Busy village pub with a great location and in great condition that sits on the village green on a very busy main road linking the M1 (Jnc 12) with the nearby town of Dunstable.
Currently enjoys the majority of the trade from this affluent, heavily residential village. Facilities include good sized internal & external trading areas, car park and good domestic accommodation.
A good sized bar services an L- shaped trading area, creating individual areas to socialise, including a small function room. Current offer includes TV sport, games and an outside drinking area. Externally, there is a part-covered beer terrace that can accommodate approx. 50 covers. Beyond this, is car parking for approx. 25 cars. Upstairs is a 3 bedroom domestic flat.
|Car park spaces||25|
Good sized 3 bedroom accommodation with separate living area, bathroom & kitchen.
|Annual rent||£37,500 per annum|
|Weekly rent||£721.15 per week fixed|
£37,500 per annum, £721.15 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £31,650 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). Minimum funding will be considered at £20k
|Fixtures & fittings||£15,000||Working capital||£5,000|
|Other costs||£3,000||Total entry cost||£31,625|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
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.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Located on a very busy main road in the heart of this affluent large residential village, linking the M1 with Dunstable.