Bulls Head

Important Information

• Business information

  Annual rent£32,000

  Additional informationThe annual fixed rent shown (£32,000) takes into consideration a machines supply concession. The annual fixed rent will be £35,000 if you prefer not to have Greene King supply machines to you.

  Weekly rent£615

  Entry costs£43,000

  Turnover royalty4%

  Forecasted operator turnover£1,011,886

  Forecasted Operator Profit (inc machine profit)£68,048

  Forecasted operator machine profit£3,000

  Average Beer & Cider Discount*Turnover Discount

  Type of TieFull tie: All products

  AgreementA 5 year turnover tenancy. You pay a fixed rent plus a percentage of your weekly net turnover sales.

  Machine Product AgreementRestricted (50/50 share)

• Entry costs

  Entry costs approximately £43,150.00, 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 £60,000 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£8,000

  Additional InformationN/A

  Estimated Fixtures & Fittings Value£15,000

  Estimated Stock Value£15,000

  Estimated Working Capital£5,000

  Estimated Entry Cost£43,000

• Turnover

  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.

  Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
  2024	338	403	7,747
  2023	306	230	6,007
  2022	162	279	8,473

• Trading space

  On the ground floor there are two main bar areas served by one bar. Upstairs there is a dining or function room. Externally there is a great dining and drinking area to the rear and car park offering thirty spaces. There are approximately eighty dining covers.

• Private accommodation

  The accommodation is in good condition and comprises four bedrooms, kitchen, lounge, dining room, bathroom and office.