Facilities

Garden
Function Rooms
Commercial Kitchen
Private accommodation

REDUCED HEAD RENT

The Mermaid is a Cotswold village pub located on Burford High street. This is a highly sought after location, steeped in history and offers an abundance of tourism, both domestic and international. The pub is set to receive a full refurbishment to enable to pu...

Important Information

Annual rent £50,000
Additional information N/A
Weekly rent £962
Entry costs £40,000
Turnover royalty N/A
Forecasted operator turnover £748,753
Forecasted Operator Profit (inc machine profit) £48,609
Forecasted operator machine profit £0
Average Beer & Cider Discount* £72
Type of Tie Partial tie: Tied All Beer, All Cider, Minerals & Spirits
Agreement Standard Tenancy Agreement. A fixed 5 year term.
Machine Product Agreement Unrestricted (100% to licensee)
Entry cost is approximately £40000 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 £12,500
Additional Information N/A
Estimated Fixtures & Fittings Value £12,500
Estimated Stock Value £0
Estimated Working Capital £15,000
Estimated Entry Cost £40,000

Wayne Farrell

Business Development Manager

‘I have over 20 years’ experience as a leased and tenanted Business Development Manager and enjoy working with licensee partners who share my passion for great pub experiences and customer service. I truly believe in working in partnership with my licensee partners and think a great working relationship is paramount to good collaboration and business success.’