Shepherds Rest
64 Galmington Road, Taunton, Somerset, TA1 5NZ
A GREAT COMMUNITY LOCAL
The Shepherds Rest in Taunton, is a great community local, which is soon to be refurbished and relaunched as a Hive Pub. Taking on a Hive Pub as a franchisee is a low cost way of running your own pub business. They come ready to trade with a great-value, good quality food offer and excellent drinks range, so you can focus on running a great business and providing excellent service. Hive Pubs are a buzz of activity, where something is always happening from live sport and quizzes to music gigs. If you have pub management experience and are looking to take the next step and run your own pub business, we want to hear from you! Please note these plans are subject to final boards approval, estimated profit and turnover will be provided as soon as possible
Bar
Dining areas
Kitchen
Patio
Location
Taunton is the county town of Somerset. Its thousand-year history includes a 10th-century monastic foundation, Taunton Castle, which later became a priory. The Normans built a castle owned by the Bishops of Winchester. The Shepherds Rest is located on the south western side of town, within a large residential area.
Business Information
Annual rent
n/a
Weekly rent
n/a
Entry costs
£7,000
Turnover royalty
n/a
Forecasted Operator Turnover
£0
Forecasted Operator Profit (inc machine profit)
£0
Agreement
Pub Franchise Agreement is 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 We give • Greene King sets up the pub and takes liability for the property and pays all running costs including stock. • We also supply marketing, training and ongoing support. You get • You’ll be paid a guaranteed income of £20,000. • You will be paid a percentage of weekly sales know as the weekly turnover share • You can earn bonuses based on business performance and standards audits. • Private accommodation where available.
Entry cost of £5000 is payable on change day. This includes legal fees and start up training costs. An extra £2000 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
N/A
Fixtures & Fittings
N/A
Legal Admin Fee
N/A
Broker Fee
N/A
Stocktaking Fee
N/A
Working Capital
£2,000
Other Costs
£5,000
Total Entry Costs
£7,000
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2021 | 166 | 658 | 2,371 |
| 2020 | 154 | 607 | 1,913 |
| 2019 | 309 | 1,148 | 3,452 |
The trade space will be completely refurbished in line with Hive brand guidelines
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
72
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
20
Current Premises Licence Opening Hours
Mon-Sat: 10:00-00:30
Sun: 11:00-23:30
The accommodation comprises 3 bedrooms, kitchen, lounge and bathroom
Private Rooms
6
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
1
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
0
Bedsits
0
I am seeking an experienced couple or individual with pub management experience who can meet our Hive Pubs applicant profile and effectively deliver the offer within our franchise agreement. Hive Pubs allow those with the relevant experience to launch their own business, with low ingoing costs. If you feel this may suit you, then please contact the recruitment team for further information
Alexandro De Araujo, Business Development Manager
Apply for this property
The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.