Royal George, Purton
27 Pavenhill, Swindon, SN5 4BZAgreement Type:
Foundation Tenancy
View details for Royal George, Purton
Carters Rest
Carters Rest
High Street, Swindon, SN4 9JU Pub Code: 2303154101
Pub Code: 2303154101
Foundation TenancyEst Min Ingoing Costs: £10,785
Annual Rent: £15,421
Charming Cask Ale Pub
Famous for its real ales, Carters Rest is a charming, historic community pub, located in the Wiltshire village of Wroughton, a couple of miles south of Swindon. Sitting in a prominent position on the high street, the pub benefits from great passing trade and custom from locals and visitors to the North Wessex Downs. This is a key route between Swindon and the World Heritage Site at Avebury, with a population of about 8,000.
This is a wet only site. Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
Understanding of the local community
If you’re enthusiastic and retail focused.
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 pubs next chapter…
Trading Area & Facilities
The pub has a traditional lounge and public bar area. A rustic, stripped wooden bar servery provides up to 12 real ales at any time along with a good range of wines and spirits.
Outside, there’s a small patio area to the front of the pub with picnic benches and feature cask barrels and a large car park to the rear.
Outside, there’s a small patio area to the front of the pub with picnic benches and feature cask barrels and a large car park to the rear.
Private Accommodation
The private accommodation consists of two bedrooms, a kitchen and a lounge.
Estimated Total Ingoing Costs
£23,355
Estimated Minimum Ingoing Costs
£10,785
Annual Rent
£15,421
Estimated Annual Turnover
£169,137
Deposit
£3,855
Estimated Fixtures & Fittings Value
£10,000
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.
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:
High Street, Swindon, SN4 9JU
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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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