Black Dog

3 St Mary Street, Weymouth, Dorset, DT4 8PB

HIGH STREET, SEASIDE LOCATION

The Black Dog is a High Street Pub in the popular Devon coastal Town of Weymouth. This well-established business is a busy wet led site, currently trading at approximately 90/10 in favour of wet sales. The pub is popular with locals, visitors and tourists. The pub is known locally for being a great live music venue and this is a particular emphasis at weekend and bank holidays. The pub also offers a small bar menu. The pub dates back to the 16th century, when it was originally called the Dove and is one of the oldest pubs in the town. The was re-named the Black Dog when the landlord purchased the first black Newfoundland Dog even seen in this part of the country, from one of the new trading ships from that region.

Location

Business Information

Annual rent

£32,500

Weekly rent

£625

Entry costs

£41,000

Turnover royalty

n/a

Forecasted Operator Turnover

£490,424

Forecasted Operator Profit (inc machine profit)

£31,351

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

£108

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Standard Tenancy Agreement A fixed 5 year term agreement

Entry costs approximately £41,000.00, 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 £20,000 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

£8,125

Fixtures & Fittings

£20,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£10,000

Other Costs

£1,150

Total Entry Costs

£41,000

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)
2019/20 273 529 6,508
2018/19 340 234 8,388
2017/18 325 96 7,836

The bar is the prominent feature of the premises and the main trading area is split into cosy alcoves with a log burning fire in one area, a pool table in another and cosy dining and drinking areas in the other part. There are ladies and gents toilets on the ground floor, as well as a commercial kitchen. The cellar is located below ground. The pavement licence allows external trading for circa twenty eight customers.

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 - Thu: 09:00-02:00
Sat - Sun: 09:00-03:00
Sun: 09:00-01:00

The accommodation is extensive and offers five bedrooms, lounge, kitchen, two bathrooms and office

Private Rooms

10

Lounge

Yes

Dining Rooms

0

Double Bedrooms

5

Single Bedrooms

0

Bathrooms

2

Toilets

0

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an enthusiastic operator with knowhow and knowledge of how to run a seasonal seaside business. I would consider applications from first time operators for this site. The pub is right in the town centre and just a short walk from the beach, so footfall is always high. If you are looking for your first or next pub business and this suits, then please contact the recruitment team for further information.

Rob Ayling, Business Development Manager

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