Run A Star Pub - Joseph Arch Barford - Warwick

Details of the offer

Pub Overview The area The Joseph Arch is located in the village of Barford in the county of Warwickshire near Stratford.
The pub is surrounded by a village shop and post office and mixed housing.
The pub benefits from being one of 2 pubs found in an area of around 1244 adults.
The main customer base is made up of mature adults and midlife adults with kids.
The offer Available on our foundation tenancy agreement.
Click here for more information on this agreement .
The potential of this pub lies in introducing a well thought through food & drinksoffer.
What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via selection of pub games, such as pool, and darts, live sports and live entertainment.
It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits.
Attitude is more valuable than experience.
If you've got the following, we'd love to hear from you.
Understanding of the local community You know what it takes to build a successful business You love hospitality and are great with customers If this sounds like the incredible pub opportunity you've been waiting for, apply today and tell us what you can bring to this pub's next chapter...
Features Foundation Tenancy Outdoor Trade Pub Games Catering Kitchen Trading Area & Facilities Central island bar with 2 trading areas 40 internal covers 20 external covers Catering kitchen Patioed garden with tables and benches Car park with 12 spaces Private Accommodation Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom.
Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £26,025 Estimated Minimum Ingoing Costs £11,008 Annual Rent £18,100 Estimated Annual Turnover £258,015 Deposit £4,525 Estimated Fixtures & Fittings Value £12,000 Estimated Stock Valuation £6,000 Estimated Working Capital £3,500 The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats.
There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense.
These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented.
The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan.
Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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Nominal Salary: To be agreed

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