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TOWN CENTRE, WET LED PUB WITH FOOD OFFER
The Warwick Arms is a prominent town centre public house in the heart of the commercial and retail district of Worthing. The operator will have a huge opportunity to develop both wet and dry sales. The pub is in close proximity to the beach and Worthing pier and surrounded by retail and commercial buildings. The Town centre is undergoing substantial investment and the pub is well placed to capitalise on this going forward. The offer is predominantly wet - led and there is a strong sports following, with football being popular. The Warwick Arms is the leading pub in Worthing for screening live sports and additionally live entertainment on Friday and Saturday nights. Entertainment is key to the success of this business and we will need an operator who can carry on the reputation this pub has. There is an opportunity to further develop the trade and to premiumize the retail offer through investment. Food can also be developed in conjunction with the re-launch of the business.
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Standard Tenancy Agreement A fixed 5 year term
Entry costs approximately £34,875.00, 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 £17,000 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
Fixtures & Fittings
Legal Admin Fee
Total Entry Costs
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)|
The trade area consists of a large central bar servary dominates the trade area, with a separate dining area for circa 40 covers. Additionally, there is a dance floor with a DJ Booth. Furthermore, there is a well equipped catering kitchen.
Trade Dining Areas
Trade Food Covers
Trade Patio Areas
Trade Rooms to Let
External Child Play Areas
Customer Car Park Spaces
Current Premises License Opening Hours
Sun - Wed: 08.00 - 00.30
Thu: 08.00 - 01.30
Fri - Sat: 08.00 - 02.30
The private accommodation consist of 2 bedrooms , a lounge ,a kitchen , a bathroom, and an office.
The Warwick Arms is a strong wet - led and sports following pub, with football being popular. It is the leading pub in Worthing for screening live sports and additionally holds live entertainment on Friday and Saturday nights. There is an opportunity to further develop the trade and to premiumize the retail offer and also develop the food offering.
Andre Quibell, Operations Manager
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