Bull

Important Information

• Business information

  Annual rent£22,800

  Additional informationThe annual rent shown (£22,800) takes into consideration a machines supply concession. The annual rent will be £25,500 if you prefer not to have Greene King supply machines to you.

  Weekly rent£438

  Entry costs£24,500

  Turnover royaltyN/A

  Forecasted operator turnover£405,409

  Forecasted Operator Profit (inc machine profit)£25,422

  Forecasted operator machine profit£2,700

  Average Beer & Cider Discount*£144

  Type of TieFull tie: All products

  AgreementStandard Tenancy Agreement. A fixed 5 year term.

  Machine Product AgreementRestricted (50/50 share)

• Entry costs

  Entry cost is approximately £24,500 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£6,000

  Additional InformationN/A

  Estimated Fixtures & Fittings Value£3,000

  Estimated Stock Value£5,500

  Estimated Working Capital£5,000

  Estimated Entry Cost£24,500

• 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 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

  Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
  2023	120	1,837	6,450
  2022	150	1,771	6,855
  2021	102	1,140	3,841

• Trading space

  There are three main entrances to the pub, with one on the high street, one to the side and one from the rear. The trade area has a pool table nearest to the garden exit, then the central lobby with gaming machines and bar, leading to the more formal dining area facing the high street. There is one main bar and a small commercial kitchen. There are 63 covers internally. Externally, there is a pleasant courtyard garden.

• Private accommodation

  The accommodation comprises 3 bedrooms, lounge, kitchen and bathroom.