Robert Kett

Lime Tree Avenue, Wymondham, Norfolk, NR18 0HH

HIVE PUBS - REFURBISHMENT PLANNED

The Robert Kett, in the Norfolk town of Wymondham is a community pub, located on a residential housing estate. We will be fully refurbishing the pub in line with Hive brand guidelines, to create a pub the whole community can enjoy. The pub will feature a great garden, which can be enjoyed all year round. Inside, sport will feature heavily, with TV screens strategically placed to offer the best viewing experience, without dominating the pub. The pub will offer something for everyone, with live acts and events on offer, a menu packed with pub classics and always a warm and friendly welcome.

Location

The Robert Kett is located next to a parade of shops in a residential area approximately one mile from the centre of Wymondham.

Business Information

Annual rent

£0

Weekly rent

£0

Entry costs

£8,000

Turnover royalty

n/a

Forecasted Operator Turnover

£650,000

Forecasted Operator Profit (inc machine profit)

£40,000

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

Type of Tie

Agreement

Hive Pub Franchise Agreements are an agreement for people who have Pub Management experience but are looking to find a simple way to run their own business without having a huge entry cost. You pay £5,000 entry fee and we take care of the property costs, energy bills and stock. We supply marketing, training, and ongoing support. You can expect to earn a guaranteed minimum income of £20,000 which is paid weekly (£385 per week). In addition, you'll be paid a percentage of weekly sales, known as the weekly turnover share, to cover your staffing costs. Bonuses are available based on business performance and standards audits. Private accommodation is provided where available.

Entry cost of £5000 is payable on change day. This includes legal fees and start up training costs. An extra £3000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.

Deposit

£0

Fixtures & Fittings

£0

Legal Admin Fee

£0

Broker Fee

£0

Stocktaking Fee

£0

Working Capital

£3,000

Other Costs

£5,000

Total Entry Costs

£8,000

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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2023 173 1,595 1,332
2022 218 1,924 6,935
2021 162 1,937 5,424

The trade space will be fully refurbished, offering a single bar and specific zones to ensure there is a sports area (with pool and darts) drinking area and dining zone. Externally, the garden will become a wonderful space, with covered pergola, new signage, lighting and much more.

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

70

Trade Gardens

1

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

5

Current Premises Licence Opening Hours

Mon-Sun: 11:00-00:00

The accommodation comprises 3 bedrooms, kitchen, lounge, bathroom, toilet and office.

Private Rooms

8

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

1

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

If you are an experienced pub manager, looking to run your own pub business, then a Hive pub franchise is an ideal starting point. If you have strong catering skills, are community minded and want to run a pub where sport, music and community interaction is at the heart of the offer, this might be the opportunity for you to take the next step in your career.

Becky Holt, Business Development Manager

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