Bedford Road, Wilstead, Bedford, Bedfordshire, MK45 3HW
A well presented, recently refurbished pub set in a village just 5 miles south of the county town of Bedford. This pub is rarely available so is a great chance to take on a good food business with a stable trade history.
The Woolpack is situated in the traditional village of Wilstead and is a great opportunity for someone wanting to run a good food business. Internally the pub has 50 covers within two restaurant areas and a large bar. Externally the pub benefits from a good size garden for those wanting to enjoy the weather with a pint and some delicious food. The pub has a good local following being one of two pubs in the village. The trade history is good and we would like someone to carry on the reputation of this business, ideally an experienced caterer and drive the food sales.
The pub is set in a lovely village with traditional farms, older thatched cottages, listed buildings and some modern estate housing however are spacious compared to others.
L shape bar creating a nice atmosphere with the local trade. 2 restaurant areas to the rear with 50+ covers. Side courtyard with good size recently refurbished garden to the rear with new planters, a covered shelter and a BBQ area!
|Car park spaces||6|
The Woolpack features 6 private rooms including two double bedrooms, one single, one lounge area and a bathroom.
|Annual rent||£37,850 per annum|
|Weekly rent||£727.88 per week fixed|
£37,850 per annum, £727.88 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £31,650 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).
|Fixtures & fittings||£15,000||Working capital||£5,000|
|Other costs||£4,000||Total entry cost||£31,650|
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)|
The Woolpack is located centrally in the village of Wilstead, 5 miles south of Bedford town, just off the A6 between Bedford and Luton. The village has a population of circa 2500, a post office, a convenience store, car sales showroom, 2 restaurants, 2 pubs, a lower school, 2 churches and a village hall.