Facilities

Garden
Car park
Letting rooms
Commercial Kitchen
Private accommodation

QUALITY RIVERSIDE INN

The Old Mill is on the outskirts of historical Salisbury offering a fantastic riverside setting. With a water feature running through the heart of the building, this site has excellent internal rooms to host events and private functions. The external seating...

Important Information

Annual rent £65,000
Additional information N/A
Weekly rent £1,250
Entry costs £56,000
Turnover royalty N/A
Forecasted operator turnover £742,421
Forecasted Operator Profit (inc machine profit) £62,864
Forecasted operator machine profit £0
Average Beer & Cider Discount* £36
Type of Tie Partial tie: Tied All Beer & All Cider
Agreement Standard Tenancy Agreement. A fixed 5 year term.
Machine Product Agreement Unrestricted (100% to licensee)
Entry cost is approximately £56000 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 £16,250
Additional Information N/A
Estimated Fixtures & Fittings Value £21,250
Estimated Stock Value £12,500
Estimated Working Capital £6,000
Estimated Entry Cost £56,000

Karen Howell

Business Development Manager

‘I have spent over 20 years with Greene King, including 12 years as a General Manager and 8 years (and counting!) as a Business Development Manager in pubs and hotels. Hospitality is in my DNA, having grown up in a family dedicated to the trade. My experience with various pub companies has taught me to understand customer needs before they do. Observing the competition and experiencing the business from the customer's perspective is crucial.’