Bell

Church Street, Charlbury, Chipping Norton, Oxfordshire, OX7 3PP

MULTI FUNCTIONAL BUSINESS, IN THE BEAUTIFUL COTSWOLDS

The Bell is a fantastic opportunity to run a multi functional business in the beautiful Cotswold town of Charlbury. The business is,currently a real chamelon, with a sales mix of approximately 40% wet, 35% food and 25% accommodation. The pub is a beautiful 18th century Cotswold stone building and is well presented and has an abundance of charm and character. The site is popular with local residents and tourists visiting the beautiful Cotswolds are of outstanding natural beauty. The Bell has a multiude of income streamsn and benefits from twelve en suite letting rooms, each one unique from the next. There is also a function room which can be used for priavte parties or meetings. Externally the site has a large garden, which is ideal for the warmer weather and could possibly be used for an outdoor covid secure venue during the winter.

Location

Business Information

Annual rent

£52,000

Weekly rent

£1,000

Entry costs

£100,875

Turnover royalty

n/a

Forecasted Operator Turnover

£524,945

Forecasted Operator Profit (inc machine profit)

£50,889

Forecasted Operator Machine Profit

£0

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Average Beer & Cider Discount*

£72

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Standard Tenancy Agreement A fixed 5 year term

Entry costs approximately £00,000.00, 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 25% of head rent. Fixtures and Fittings are valued at approximately £00,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period

Deposit

£13,000

Fixtures & Fittings

£70,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£15,000

Other Costs

£1,150

Total Entry Costs

£100,875

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 94 0 9
2018/19 110 0 0
2017/18 137 10 284

The trade space is made up of distinct areas. There is a small bar area with seating and front dining room with corner bar servery. There is a second dining room and rear reception, with washroom facilities, catering Kitchen and storage. On the first floor there are two superior double letting rooms and four standard rooms, all with en-suite facilities. On the second floor there are two further standard, en-suite rooms. In a separate building (Cornbury Suite), there are four standard en-suite letting rooms on the ground floor, as well as the function room which can be adapted to suit any occasion.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

49

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

12

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

Yes

Customer Car Park Spaces

30

Current Premises License Opening Hours

Mon - Sun: 09:00 - 02:00

The accommodation is located on the second floor of the Cornbury Suite and consists of: open plan bedroom/living room with small shower room. There is no domestic kitchen

Private Rooms

3

Lounge

Yes

Dining Rooms

0

Double Bedrooms

1

Single Bedrooms

0

Bathrooms

1

Toilets

0

Private Kitchens

0

Offices

0

Bedsits

0

BDM Portrait

I am searching for an experienced live in couple or multiple operator who really knows how to run a multi functional business. This site has all you need to drive revenue, with letting rooms, function room and great size garden, all set in a fabulous location. This is a really exciting opportunity to drive the Bell to the next level, if you feel you have got what it takes, please contact the recruitment team for further information

Andy Wearn, Business Development Manager

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