Masons Arms Bourne

South Street, Bourne, PE10 9LY

  • Masons Arms
  • Masons Arms
  • Masons Arms
  • Masons Arms
  • Masons Arms
  • Masons Arms
  • Masons Arms
  • Masons Arms
  • Masons Arms
  • Masons Arms

Masons Arms Bourne

A charming pub in the historic market town of Bourne

Bourne is a lively and exciting town. It hosts many annual events such as the Bourne Festival and the Bourne Classic Car & Bike Carnival. Live music attracts locals and visitors to the pub due to its lively atmosphere. A good schedule of events make the Masons Arms the go-to place.

Masons Arms already has a lucrative drinks offer. There is no catering kitchen on-site but an opportunity does exist to introduce a simple snack offer.

Star Pubs & Bars are looking to work with a community focused operator with a good local knowledge. They must also have a passion to make the Masons Arms the best community local in Bourne.

Pub Features

  • Foundation Tenancy
  • Music Venue
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Trading Area & Facilities

The Masons Arms is a charming pub with lots of character. Featuring an imposing open fireplace in the main bar and low wooden beams throughout. In the second room, there is a pool table and darts boards used by local teams every week. Gaming machines provide an extra income. Inside can hold up to 70 covers.

Externally the Masons Arms has a large garden space with the potential to have 70 covers.

Private Accommodation

Private Accommodation

Private accommodation at the Masons Arms is over 2 floors. It consists of three double bedrooms, lounge, kitchen and bathroom. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on driving your business.

Premises Licence Details

Please see the Premises License for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 01:30 10:00 - 01:30 10:00 - 00:30

Financials

Annual Rent £
22,000
Estimated Tenants Annual Operating Profit £
26,998
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
353,292
Estimated Annual Barrelage
275

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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
15,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,500
Deposit Amount £
5,500
Rent In Advance £
423
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
27,043
Estimated Minimum Ingoing Costs £
9,543

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

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 are not included in the rent model or ongoing costs below.

Note that on FRI 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
789
Estimated Annual Maintenance Compliance Charge £
1,565
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108
Estimated Annual Repairs Fund £
1,300

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

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate