Carnock Inn

6-8 Main Street, Carnock, KY12 9JQ

This is a well known, award winning food destination site which is highly recommended, offering delicious food served daily as well as outstanding service and competitive prices. The pub is an ideal place to cater for a family meal or friends arranging a get together, with having the ideal option of formal or informal dining.

This site has everything - fantastic dining areas, a regulars bar, decked beer garden area with a substantial safe grass area for children to play, offering a lovely place to spend a summers afternoon enjoying great food and drink in a relaxing safe environment. This village pub also offers a 2 bedroom live in accommodation. The pub benefits from having regular live music nights, both Sky and BT Sports showing many of the major sporting events and dominoes and darts available in the bar area of the Inn.

Location

This site has everything - fantastic dining areas, a regulars bar, decked beer garden area with a substantial safe grass area for children to play, offering a lovely place to spend a summers afternoon enjoying great food and drink in a relaxing safe environment. This village pub also offers a 2 bedroom live in accommodation. The pub benefits from having regular live music nights, both Sky and BT Sports showing many of the major sporting events and dominoes and darts available in the bar area of the Inn.

Business Information

Annual rent

£21,500

Weekly rent

£413

Entry costs

£42,975

Turnover royalty

n/a

Forecasted Operator Turnover

£410,608

Forecasted Operator Profit (inc machine profit)

£20,811

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

Blended £144

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Standard Tenancy Agreement A fixed 5 year term agreement •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

Entry costs approximately £42,975.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Fixtures and Fittings are valued at approximately £26,000 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

£6,000

Fixtures & Fittings

£26,000

Legal Admin Fee

£825

Broker Fee

£0

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£5,000

Total Entry Costs

£42,975

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.

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2018/19 142 0 0
2017/18 121 36 211
2016/17 113 1 0

There are two well set out dinning areas with the main entrance from the large car park. There is also a lounge bar and a large decked beer garden, back of house there is a good sized commercial kicthen and ample storage.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

60

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

Yes

Function Rooms

No

Customer Car Park Spaces

25

Current Premises License Opening Hours

Sun - Thu: 11:00 - 00:00
Fri - Sat: 11:00 - 01:00

There is two bedroom flat with a living room, kitchen and bathroom.

Private Rooms

6

Lounge

Yes

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

This highly rated, award winning food business is well established in the area, performing consistently for the past 5 years. There is an opportunity to continue this success with great potential to drive and increase wet sales and profit.

Paul Wishart, Business Development Manager

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