Swan

Hall Street, Long Melford, Sudbury, Suffolk, CO10 9JQ

Widely regarded as one of the best places in the local area to eat, drink and stay. The Swan, Long Melford offers the rare chance to run a top grade destination venue.

Complete with its own Deli shop, the Swan offers a plethora of income streams. Whether it is the bespoke boutique rooms, the private chefs table dining room or the beautiful landscaped beer garden. This business is a prime opportunity for an experienced operator in fine dining and the premium market place.

Location

Business Information

Annual rent

£45,000

Weekly rent

£865

Entry costs

£28,900

Turnover royalty

n/a

Forecasted Operator Turnover

£530,439

Forecasted Operator Profit (inc machine profit)

£45,003

Forecasted Operator Machine Profit

£0

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Average Beer & Cider Discount*

£36.00

Type of Tie

Partial tie: Tied All Beer, All Cider, Minerals & Spirits

Agreement

Standard Tenancy Agreement A fixed 5 year term agreement

Entry costs approximately £28,900.00, 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 £4,775.00 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

£11,250

Fixtures & Fittings

£4,775

Legal Admin Fee

£825

Broker Fee

£150

Stocktaking Fee

£750

Working Capital

£10,000

Other Costs

£1,150

Total Entry Costs

£28,900

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 41 1,463 3,429
2018/19 43 232 2,020
2017/18 61 176 2,478

Fully refurbished just a few short years ago, the Swan offers boutique rooms and a premium finish throughout. The large catering kitchen easily accomodates for the site and the added benefit of the Deli shop is a real Jewel in this business.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

80

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

4

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

Yes

Customer Car Park Spaces

0

Current Premises License Opening Hours

Mon-Thu: 07:00-00:00
Fri-Sun: 07:00-01:00

There is no private accomodation on site. However the site does offer a private office area

Private Rooms

1

Lounge

No

Dining Rooms

0

Double Bedrooms

0

Single Bedrooms

0

Bathrooms

0

Toilets

0

Private Kitchens

0

Offices

1

Bedsits

0

BDM Portrait

The Swan is a dominant site in the historical georgian town of Long Melford. Complete with letting rooms, private dining chefs table area, top grade commercial kitchen and deli shop. This is a great opportunity to run one of the areas most prolific and regarded businesses.

Sam Wortley,

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