Six Bells

55 Hale Road, Farnham, Surrey, GU9 9QZ

An established business, offering an exciting opportunity for further development

This premium food and drink business is ideally positioned to deliver exceptional returns for the right operator. A suitably qualified and experienced Publican will be able to take this existing, sound business and lift it to the next level through further offer development, exceptional service and hospitality along with an innovative and modern approach to marketing. The returns from such efforts will be significant. The site is well presented internally, has excellent car parking facilities and offers an exciting and varied menu, with approximately fifty food covers. Entertainment also play a part at this Pub and offers live music and quiz nights.

Location

Business Information

Annual rent

£66,500

Weekly rent

£1,279

Entry costs

£79,850

Turnover royalty

%0

Forecasted Operator Turnover

£655,324

Forecasted Operator Profit (inc machine profit)

£66,385

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

Blended £72

Type of Tie

Partial tie: Tied All Beer, All Cider & Minerals

Agreement

Standard Tenancy Agreement A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954 • 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 £79,850.00, 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 £50,000 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

£16,625

Fixtures & Fittings

£50,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£10,000

Other Costs

£1,500

Total Entry Costs

£79,850

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)
2018/19 155 305 6,287
2017/18 106 70 1,001
2016/17 28 1,551 2,223

This pub has been established for many years and still has a solid local following. There are over thirty car parking spaces and a fully contained garden ideal for families and children with an extensive patio, ample furniture and a private dining gazebo. The bar and extended dining area are well maintained with refurbished male and female toilets. There is a private function room to the rear of the site which attracts significant interest and bookings in addition to the well established regular pub trade. There is also a removable skittle alley available for use, should it be needed.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

50

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

Yes

Customer Car Park Spaces

35

Current Premises License Opening Hours

Mon - Sat: 08.00 - 00.30
Sun: 08.00 - 23.00

The private accommodation is reasonably sized and presented to an acceptable standard.

Private Rooms

8

Lounge

Yes

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

2

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am searching for a motivated experienced Publican, a multiple operator or even somebody who is looking to run their first Pub! The Six Bells is an exceptional site, located on the outskirts of Farnham, with exceptional potential for capital investment to build upon the already established food and drink trade. The key to success here will be connecting with the affluent population, who expect good service, quality of product and value for money. If this is the kind of opportunity that would suit you, please do contact the recruitment team for further information

Barrie Aspinall, Business Development Manager

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