Stoke Inn
43 Davenport Road, Plymouth, PL3 4DLAgreement Type: Investment Tenancy
View details for Stoke Inn
Maltsters Wadebridge
Chapel Amble, Wadebridge, PL27 6EU
Pub Code: 2302989101
Key Features
- Well Established Business
- Beautifully Presented
- Reputation for good food
- Destination Venue
- Chocolate Box Image
Est Min Ingoing Costs: £11,979
Annual Rent: £29,750
More Information
The area
The Maltsters is located in the village of Chaple Amble, close to Wadebridge in Cornwall. This 16th century pub is a popular destination venue not only for the local villagers but also for the many tourists that visit the area. It has a fabulous reputation for delivering a good quality food and drink offer.
The Maltster Arms is truly a premier site with a chocolate box appearance outside and beautifully presented inside. It is the perfect place to spend time with friends and family all year round.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through 50/50 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade by offering good quality food & drinks in warm and welcoming surroundings.
We’re always open to new ideas, what would you do to drive trade further?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their 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…
Trading Area & Facilities
- One bar servery
- Several dining zones throughout
- Upstairs trading area / dining room
- 70 internal covers
- Catering kitchen
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, bathroom,and kitchen.
| Annual Rent | £ 29,750 |
| Estimated Annual Turnover | £ 399,264 |
| Deposit | £ 7,438 |
| Estimated Fixtures & Fittings Value | £ 18,000 |
| Estimated Stock Valuation | £ 6,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 34,938 |
| Estimated Minimum Ingoing Costs | £ 11,979 |
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.
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.
Location:
Chapel Amble, Wadebridge, PL27 6EU
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White Hart Nr Exeter
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View details for White Hart Nr ExeterTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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