Dan McKays

Important Information

• Business information

  Annual rent£17,000

  Additional informationThe rent will be stepped as you build your business, meaning the head rent will be equal to £5,000 months 1-3, £10,000 months 4-6, with the full rent payable thereafter.

  Weekly rent£327

  Entry costs£6,500

  Turnover royaltyN/A

  Forecasted operator turnover£282,926

  Forecasted Operator Profit (inc machine profit)£30,426

  Forecasted operator machine profit£774

  Average Beer & Cider Discount*£126

  Type of TiePartial tie: Tied All Beer, All Cider & Minerals

  AgreementA one year tenancy agreement.

  Machine Product AgreementRestricted (50/50 share)

• Entry costs

  Entry cost is approximately £6500 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£2,000

  Additional InformationN/A

  Estimated Fixtures & Fittings Value£0

  Estimated Stock Value£3,000

  Estimated Working Capital£1,500

  Estimated Entry Cost£6,500

• 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.

  Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
  2024	136	N/A	2,639
  2023	246	97	2,950
  2022	253	81	2,854

• Trading space

  The trade space offers a small one room bar on the ground floor with small trade kitchen situated behind the bar. The bar leads to the outside area where we have the cellar and large contained beer garden.

• Private accommodation

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