Woodroffe Arms

Important Information

• Business information

  Annual rent£41,840

  Additional informationThe annual rent shown (£41,840) takes into consideration a machines supply concession. The annual rent will be £43,340 if you prefer not to have Greene King supply machines to you.
  
  The rent will be stepped as you build your business, meaning the head rent will be equal to £20,000 months 1-3, £30,000 months 4-6, with the full rent payable thereafter.
  

  Weekly rent£805

  Entry costs£28,960

  Turnover royaltyN/A

  Forecasted operator turnover£523,165

  Forecasted Operator Profit (inc machine profit)£43,342

  Forecasted operator machine profit£1,500

  Average Beer & Cider Discount*£108

  Type of TieFull tie: Access to Discounted Wines, Spirits & Minerals Price List

  AgreementStandard Tenancy Agreement
  A fixed 5 year term
  

  Machine Product AgreementRestricted (50/50 share)

• Entry costs

  Entry cost is approximately £28960 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.

  Deposit£10,460

  Additional InformationN/A

  Estimated Fixtures & Fittings Value£12,500

  Estimated Stock Value£3,000

  Estimated Working Capital£3,000

  Estimated Entry Cost£28,960

• 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. **Please note trading volumes for year 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

  Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
  2024	160	995	3,061
  2023	154	862	3,015
  2022	91	304	616

• Trading space

  The trade space features 2 rooms with a single bar to service both. There is also a conservatory that can be used for private parties or functions. The pub offers approximately 40 food covers. Externally there is a small garden and patio, with various seating options. The pub benefits from a car park which can accommodate 20 vehicles. The 5 letting rooms are all ensuite.

• Private accommodation

  There is no accommodation on site.