Golden Pheasant

Important Information

• Business information

  Annual rent£60,000

  Additional informationThe rent will be stepped as you build your business, meaning the head rent will be equal to £30,00 months 1-3, £40,000 months 4-6 with the full rent payable there after.

  Weekly rent£1,154

  Entry costs£26,000

  Turnover royaltyN/A

  Forecasted operator turnover£824,083

  Forecasted Operator Profit (inc machine profit)£60,147

  Forecasted operator machine profit£0

  Average Beer & Cider Discount*£36

  Type of TiePartial tie: Tied All Beer & All Cider

  AgreementA one year tenancy agreement.

  Machine Product AgreementUnrestricted (100% to licensee)

• Entry costs

  Entry cost is approximately £26000 which includes estimated stock, deposit and working capital. Fixtures and Fitting will be rented with weekly payments made. Any additional costs will be confirmed in your schedule 1 information.

  Deposit£6,000

  Additional InformationN/A

  Estimated Fixtures & Fittings Value£0

  Estimated Stock Value£5,500

  Estimated Working Capital£14,500

  Estimated Entry Cost£26,000

• 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	17	96	277
  2023	133	N/A	753
  2022	136	N/A	1,011

• Trading space

  The main bar is located on the ground floor, with dining room to the rear, which offers access to the courtyard garden. The letting rooms can be found towards the rear of the ground floor and on the first floor.

• Private accommodation

  There is no private accommodation on site.