White Hart
High Street, Iron Acton, Bristol, Gloucestershire, BS37 9UG
A FANTASTIC COUNTRY PUB
The White Hart is a large detached pub set in the village of Iron Acton. It benefits from wet trade form the local villagers and also as a destination food site. The pub trades at a 60/40 sales split in favour of drink. The pub offers both a drinking area alongside a log fire and a restaurant area with an additional seating area which can be separated for meetings, wakes and private functions. We are looking for an enthusiastic operator who can capitalise on the pubs main assets of a large trade kitchen, a pleasant beer garden, large car park and loyal local trade. The pub already has a large local wet trade but increasing the destination food trade business and attracting more functions will be essential to growing sales at the site.
Bar
Childplay areas
Function rooms
Garden
Kitchen
Meeting rooms
Patio
Location
The pub is set back from the busy B4058 Bristol to Yate/Chipping Sodbury road in the semi rural village of Iron Acton. Bristol is around 10 miles away, while in the other direction the large towns of Yate & Chipping Sodbury also provide trade to the pub.
Business Information
Annual rent
£19,000
Weekly rent
£365
Entry costs
£27,625
Turnover royalty
n/a
Forecasted Operator Turnover
£431,295
Forecasted Operator Profit (inc machine profit)
£18,594
Forecasted Operator Machine Profit
£1,400
Average Beer & Cider Discount*
£72
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement. A fixed 5 year term. Machine income retained by partner.
Entry cost is approximately £27,625 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £35,000. 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
£6,000
Fixtures & Fittings
£8,750
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£10,000
Other Costs
£1,150
Total Entry Costs
£27,625
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 | 149 | 0 | 42 |
| 2022 | 174 | 31 | 0 |
| 2021 | 119 | 20 | 0 |
The pub is set over three floors and benefits from a large enclosed beer garden, with a car park for 30 cars. Internally, there are three internal trade areas, featuring a restaurant/function room with additional dining space and a large drinking area, all served by one large central bar.
Trade Bars
1
Trade Dining Areas
3
Trade Kitchens
1
Trade Food Covers
75
Trade Gardens
1
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
1
External Child Play Areas
1
Function Rooms
1
Customer Car Park Spaces
30
Current Premises Licence Opening Hours
Mon-Sat: 11:00-00:30
Sun: 12:00-00:30
The accommodation comprises 5 bedrooms, kitchen, lounge, bathroom, toilet and office.
Private Rooms
10
Lounge
1
Dining Rooms
0
Double Bedrooms
5
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
1
Bedsits
0
This is a great opportunity for an enthusiastic operator to really put their stamp on the offer at the White Hart, taking advantage of the exceptional facilities and space offered.
Simeon Baker, Business Development Manager
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