Polhill Arms

25 Wilden Road, Renhold, Bedford, Bedfordshire, MK41 0JP

A CRACKING VILLAGE PUB

The Polhill Arms is an established, award winning business, in the Village of Renhold, Bedfordshire. The pub is famous locally for serving a great pint of ale, as well as home cooked, quality pub food. As a result, the site has a strong reputation locally and any new operator will need to ensure this remains, whilst building upon the solid base already established. There is a really strong opportunity here, especially in current times to make use and maximise the extensive outdoor area. The site trades at approximately 80/20 in favour of drink and has won awards from CAMRA two years running. The pub attracts a large range of customers, from locals to those travelling from further afield.

Location

Renhold is a village and civil parish located on the River Ouse, in the hundred of Barford, in the county of Bedfordshire. The parish church is situated some 4 miles east-north-east of Bedford town centre. The parish is made up of several hamlets Salph End, Church End, Lane End, Top End, Workhouse End, and Water End. The Polhill Arms is located on the north western edge of the village and has numerous residential homes within close walking distance

Business Information

Annual rent

£40,000

Weekly rent

£769

Entry costs

£37,875

Turnover royalty

n/a

Forecasted Operator Turnover

£404,440

Forecasted Operator Profit (inc machine profit)

£39,803

Forecasted Operator Machine Profit

£1,900

Average Beer & Cider Discount*

£72

Type of Tie

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

Agreement

Standard Tenancy Agreement A fixed 5 year term. Machines income retained by licensee

Entry costs approximately £37.875.00, 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

£10,000

Fixtures & Fittings

£20,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£37,875

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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2020 113 533 2,008
2019 255 1,356 5,005
2018 262 1,583 5,602

The internal trade space is compact with a dining area to the left as you enter through the front door and drinking area to the right. There are approximately forty food covers. Externally, there is a fully enclosed garden which is mostly laid to lawn with child's play area as well as a patio area. There is off road parking for approximately twenty four vehicles.

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

40

Trade Gardens

2

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

1

Function Rooms

0

Customer Car Park Spaces

24

Current Premises License Opening Hours

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

The private accommodation is in good condition and comprises, two bedrooms, kitchen, lounge and bathroom

Private Rooms

5

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

0

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am seeking a community focused, all round operator who can bring knowledge and passion to the Polhill Arms. The Polhill is a cracking pub, in a small village, which offers a fabulous pint of real ale, great pub food and has wonderful outdoor space. If you feel you are the right person to take this pub forward, please contact the recruitment team for further information

Phil Venables, Business Development Manager

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