Newdigate Road, Bedworth, Warwickshire, CV12 8EF
A great opportunity for a community focused operator in this busy site. The successful candidates will have a proven track record in delivered a quality drink and food offer in a community focussed business, with a strong affinity to sports and local community activities.
The pub delivers a good quality value food offer and competitively priced drinks to the local community.
2 bars--lounge bar with dining area, public bar with pool table,darts and sky sports. A large rear external patio area with good quality seating.
|Car park spaces||35|
£ large bedrooms,1 x lounge, domestic kitchen and bathroom and office.
|Annual rent||£38,500 per annum|
|Weekly rent||£740.38 per week fixed|
£38,500 per annum, £740.38 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £51,275 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£25,000||Working capital||£10,000|
|Other costs||£5,000||Total entry cost||£51,275|
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)|
The pub is located in a residential area of Bedworth, Around 15 minutes drive from Coventry City.