Woolpack
Bedford Road, Wilstead, Bedford, Bedfordshire, MK45 3HW
POTENTIAL TO CREATE A GREAT COMMUNITY LOCAL
The Woolpack in Wilstead is a village pub with great potential. It is well presented with a nice array of furniture and character features, as well as a great beer garden to the side. The pub is currently trading as wet only, however once the new operator is in place we would expect to see a sales split of 60/40 in favour of drinks. The Woolpack offers you the chance to serve excellent home cooked food, run community events and entertainment and have a strong wet led trade. The new partner will need to have lots of energy, enthusiasm and ideas to bring this pub to life, but the potential is there for the right person.
Bar
Dining areas
Garden
Kitchen
Location
The Woolpack is located centrally in the village of Wilstead, 5 miles south of Bedford town, just off the A6 between Bedford and Luton. The village has a post office, a convenience store, car sales showroom, 2 restaurants, 2 pubs, a lower school, 2 churches and a village hall.
Business Information
Annual rent
£28,000
Weekly rent
£538
Entry costs
£8,625
Turnover royalty
n/a
Forecasted Operator Turnover
£471,099
Forecasted Operator Profit (inc machine profit)
£41,522
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£72
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
1 Year Foundation Agreement.
Entry costs approximately £8,625, 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 £2,000. Fixtures and Fitting will be rented with weekly payments made.
Deposit
£2,000
Fixtures & Fittings
£0
Legal Admin Fee
£825
Broker Fee
£0
Stocktaking Fee
£0
Working Capital
£5,000
Other Costs
£800
Total Entry Costs
£8,625
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 | 113 | 626 | 1,936 |
| 2022 | 152 | 2,060 | 4,831 |
| 2021 | 115 | 1,708 | 3,516 |
This is a single bar operation with a drinking and dining area and small dining room to the rear. There is a pleasant beer garden to the side and small car park.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
40
Trade Gardens
1
Trade Patio Areas
0
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
8
Current Premises Licence Opening Hours
Mon-Thu: 10:00-00:30
Fri-Sat: 10:00-01:30
Sun: 11:00-00:00
The accommodation comprises 2 bedrooms, kitchen, lounge and bathroom
Private Rooms
5
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
0
Bedsits
0
I am searching for an operator who can be at the heart of the community, but also serve a great food menu. I would consider a first time operator if they can demonstrate excellent transferable skills. If you'd like to know more about the Woolpack, please contact the recruitment team
Andy Swift, Business Development Manager
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