Thatched Tavern Evesham

High Street, Evesham, WR11 7PQ

Under Offer
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham
  • Thatched Tavern Evesham

Thatched Tavern Evesham

Traditional Local Village Pub

The Thatched Tavern is a 13th century country pub nestled on the Edge of the Cotswolds in a country village called Honeybourne and just a short drive from Evesham. A warm welcome awaits you in this traditionally decorated pub, relax in the bar with its open log fire and flagstone flooring or enjoy good country pub food in the separate restaurant area.

It is a popular choice with locals and families looking to enjoy quality time together it is also perfect for those special occasions when family groups and friends come together to enjoy good quality food and refreshments from the great range of premium cider, beers, wines & spirits on offer. The regular entertainment package in the form of live music, themed food nights and quiz nights is a great crowd drawer and helps bring the community together. Tucked to the rear of the building is a spacious beer garden, offering additional outdoor trading in a beautiful garden setting with a separate play area to keep the children entertained.


Looking for an Experienced Food Operator

The successful candidate for this pub will need a wealth of food experience, along with a track record of implementing and running a successful food operation. You'll be passionate about delivering a quality food & drink offer in an environment that keeps people coming back time and time again.


Pub Features

  • Rolling Tenancy
  • Music Venue
  • Car Parking
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Childrens Play Area
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the pub is well decorated throughout in traditional style, the bar has an open log fire and flagstone flooring. Separate restaurant area caters for around 50 covers. There is a catering kitchen with equipment but this will be improved upon and made compliant with the investment.

Externally there is a good sized beer garden with picnic bench style seating and a separate children's play area. Additional bench style seating is positioned at the front of the pub and there is a covered smoking area at the rear door entry of the pub.

Private Accommodation

Private Accommodation

Private accommodation at the pub consists of two bedrooms, a kitchen, a lounge 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 your business.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 12:00 - 23:30

Financials

Annual Rent £
32,750
Estimated Tenants Annual Operating Profit £
32,431
Representative HEINEKEN UK Brand Discount Per Barrel £
140
Estimated Annual Turnover £
464,040
Estimated Annual Barrelage
267

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
25,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
8,188
Rent In Advance £
630
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
40,013
Estimated Minimum Ingoing Costs £
11,924

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

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
2,685
Estimated Annual Maintenance Compliance Charge £
1,565
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased