Wool Lane, Midhurst, West Sussex, GU29 9BX
Fantastic opportunity in the South Downs National Park for an experienced person to take over this established business.
The Bricklayers is a fantastic opportunity for an experienced person to take over this established business. It is essential that applicants have extensive kitchen experience and for them to be capable of producing quality home cooked food. They must also be prepared to be part of the local community and the driving force in promoting local events.
Recently refurbished one bar site, with excellent access on to the covered patio area to the rear of the site. The trade kitchen is ideally located behind the bar, to the rear of the kitchen there is a well positioned cellar and storage room with a separate access for deliveries. The ladies and gent toilets were upgraded as part of the recent refurbishment.
One single and two double bedrooms, lounge, kitchen, bathroom and office, newly created shower room to the entrance of the domestic kitchen, the whole of the first floor has been decorated throughout with new carpets.
|Annual rent||£36,750 per annum|
|Weekly rent||£706.73 per week fixed|
£36,750 per annum, £706.73 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.
Entry Costs approx £44,650 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).
|Fixtures & fittings||£25,000||Working capital||£6,000|
|Other costs||£4,500||Total entry cost||£44,650|
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)|
This site is set within the picturesque town of Midhurst, 12 miles north of Chichester and 10 miles from Petersfield. The town benefits from the nearby Goodwood Racecourse, the Festival of Speed events, the Revival Meeting and other numerous events that are held throughout the year. The A272 Tourist Trail is right on the door step. The Midhurst and surrounding Polo Season also lasts for most of the summer with the peak being the Gold Cup in July. The pub is very much the heart of the community, popular with locals and tourists alike.