Market Square, Princes Risborough, Buckinghamshire, HP27 0AN
Do you have it all? A passion for real ale, food, entertainment and sport? Then this pub could be the business for you. *Blended £108 off invoice discount available on draught beer and draught cider*
Located in the heart of the community this pub has an open plan bar and rear beer terrace and is in very good condition with a well established trade. Adjacent to the towns shops, bars & restaurants there is a busy day and night time trade.
Open planned trade area with secluded rear beer terrace.
A good sized property offers plenty of scope for family/business life. The private living quarters have been looked after by the current operator and are in good condition throughout.
|Annual rent||£37,500 per annum|
|Weekly rent||£721.15 per week fixed|
£37,500 per annum, £721.15 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit. *Machine Income free of tie* Rent is assessed with a blended £108 per brewery barrel discount. FOT on wines, spirits & machines.
Entry Costs approx £46,025 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). Other costs include stock at valuation, loose catering, training fees, rent in advance etc. F&F assisted purchased may be considered for the right applicant.
|Fixtures & fittings||£20,000||Working capital||£5,000|
|Other costs||£10,000||Total entry cost||£46,025|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
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.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Princes Risborough is a small town in Buckinghamshire, England, about 9 miles south of Aylesbury and 8 miles north west of High Wycombe. Bledlow lies to the west and Monks Risborough to the east. It lies at the foot of the Chiltern Hills, at the north end of a gap or pass through the Chilterns, the south end of which is at West Wycombe. The A4010 road follows this route from West Wycombe through the town and then on to Aylesbury. The town is overlooked by the Whiteleaf Cross, carved in the chalk of the hillside, though the cross itself is in Monks Risborough.