Bird in Hand
47 Station Road, Princes Risborough, Buckinghamshire, HP27 9DE
This pub has massive potential to become the heart of the community. *Reduced rent of £15,600 for first 6 months available plus large discount of £108 per barrel*
The pub is located within the hub of a substantial residential area close to the town's train station. The interior of the bar is open-planned and is in very good condition. The opportunity exists to extend its food offer with its good sized commercial kitchen. Externally there is a very well maintained garden & large enclosed converted barn sitting area.
The Bird in Hand has benefitted from a recent refurbishment offering a quality & comfortable open planned trade area. The bar is located centrally with a good view of the full trading area. The exterior barn converted area is located through side doors & will comfortably service the customers all year round. The garden is well maintained with a mixture of lawn and paved areas and is fully enclosed to offer a feeling of comfort and security for families to enjoy. All areas are easily accessible from the commercial kitchen.
Located directly above the pub there are 2 large double rooms, a living room and a bathroom/toilet.
|Annual rent||£25,000 per annum|
|Weekly rent||£480.77 per week fixed|
£25,000 per annum, £480.77 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry Costs approx £31,525 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). Assisted Purchase of the F&F will be considered for the right tenant. Deposit is 25% of annual rent. Other costs relate to stock valuation on the day of change and training fund.
|Fixtures & fittings||£14,000||Working capital||£5,000|
|Other costs||£4,000||Total entry cost||£31,525|
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)|
Princes Risborough is a small town in Buckinghamshire, England, about 9 miles south of Aylesbury and 8 miles north west of High Wycombe. Bledlow lies to the west and Monks Risborough to the east. It lies at the foot of the Chiltern Hills, at the north end of a gap or pass through the Chilterns, the south end of which is at West Wycombe. The A4010 road follows this route from West Wycombe through the town and then on to Aylesbury. The Bird in Hand is located within walking distance and is half way between the town centre and the main railway station.