Dukes Head
Farnham Road, Farnham Royal, Slough, SL2 3AJAgreement Type:
Just Add Talent
View details for Dukes Head
Beech Tree
Beech Tree
Amersham Rd, High Wycombe, HP13 5AJ Pub Code: 0090155101
Pub Code: 0090155101
Investment TenancyEst Min Ingoing Costs: £69,758
Annual Rent: £65,030
Community focused
The Beech tree is located on the busy A404 between High Wycombe and Amersham. This is a highly affluent area with plenty of adults. Within a ten-minute walk time there are circa 1,500 adults and no other competitor pubs.
Trading Area & Facilities
A Fabulous refurbishment will transform the Beech Tree into a great pub that does Great food. Once refurbished the pub will be able to do 90 covers.
Inside, an extension will be created to accommodate additional covers. The pubs trading areas and toilets will be completely redecorated throughout with new fixed seating, new back brand a new kitchen. Other upgrades throughout the pub such as overhauling the male and female toilets and installing new flooring will give the pub a more premium feel.
Outside the pub, a redecoration will consist of adding new furniture, planters and festoon lighting in the garden. We will also install new signage and lighting to the pubs exterior to make the pub stand out as a welcoming pub.
Private Accommodation
The private accommodation consists of spacious three bedrooms, kitchen and bathroom.
Estimated Total Ingoing Costs
£69,758
Estimated Minimum Ingoing Costs
£69,758
Annual Rent
£65,030
Estimated Annual Turnover
£791,729
Deposit
£16,258
Estimated Fixtures & Fittings Value
£40,000
Estimated Stock Valuation
£10,000
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.
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:
Amersham Rd, High Wycombe, HP13 5AJ
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To 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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