Angel Inn

95 High Street, Andover, Hampshire, SP10 1ND

FANTASTIC OPPORTUNITY TO RUN AN HISTORIC TOWN CENTRE PUB

The Angel is a fabulous, historic coaching inn, right in the centre of Andover. It's central location means, lunchtime trade and evening circuit trade always ensure decent footfall right past the Pub and creative marketing and offers could be your route to capitalising upon this. The Pub was formerly known as the College Inn and was partially burnt down during the great fire of Andover in 1435. King James II enjoyed a meal with George of Denmark and Grand Duke of Ormonde when retreating from William of Orange in 1688. It is Grade II listed and believed to be one of the oldest Pubs in the country. The Pub is proud of its history and there are signs detailing this. Internally the Pub benefits from two main trading areas and give the ability to offer a small, traditional Pub menu.

Location

Business Information

Annual rent

£5,000

Weekly rent

£96

Entry costs

£13,400

Turnover royalty

n/a

Forecasted Operator Turnover

£204,136

Forecasted Operator Profit (inc machine profit)

£19,053

Forecasted Operator Machine Profit

£1,000

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Average Beer & Cider Discount*

£180

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

Entry costs approximately £13,400.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is £6000. Fixtures and fittings will be rented with weekly payments made

Deposit

£6,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£13,400

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 130 109 2,077
2018/19 248 1 4,472
2017/18 321 1 5,357

The trade space consists of two bars and dining room, several smaller lounge areas, toilets and trade kitchen. There is a cellar and storeroom. Externally there is a patio area to both the front and rear

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

20

Trade Gardens

No

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

0

Current Premises License Opening Hours

Mon - Tues: 10:00 - 23:30
Wed - Thu: 10:00 - 00:40
Fri-Sat: 10:00 - 01:40
Sun: 11:00 - 23:40

Spacious private accommodation consists of three double bedrooms, lounge, kitchen, bathroom and office

Private Rooms

7

Lounge

Yes

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

0

Bathrooms

1

Toilets

0

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an excellent operator who can bring this historic coaching inn to life. The Pub is bristling with charm and character and benefits from a fantastic central location. If you feel you could build a great business at the Angel, please contact the recruitment team for further information.

Rob Ayling, Business Development Manager

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