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Date Added: Mon 17/06/2024

Run A Star Pub - Crown Inn Pershore - Pershore

Pershore, UK
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Company: STAR PUBS LEASED & TENANCY CAREERS

Job Type: Full Time

Salary: To be discussed

Pub Overview

Well supported country pub located in the lovely village of Peopleton

What would you do with this pub to make it even more of a success?

The area

The Crown Inn is located in the town of Peopleton, which is in Pershore Worcestershire. The pub is surrounded by rural housing. The area is best known for Pershore Abbey and Pershore College.

Demographics

The pub benefits from being the only pub within 20 minute walking distance. The customer base is made up of local residence and families and mature people looking for a great destination pub.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in introducing a well thought through food & drinksoffer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade by provided a warm and welcoming environment. It offers a selection of cask ales, a small food offer, and popular beers, ciders, wines and spirits.

We’re always open to new ideas, what would you do to drive trade?

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 similar hospitality business. They will have a clear vision for their marketing strategy, food & drinks menu and entertainment offer 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...

Features

  • Car Park
  • Cask Ale
  • Outdoor Trade
  • Private Accommodation
  • Foundation Tenancy
  • Catering Kitchen


Trading Area & Facilities

  • Main trading area with bar serving two distinct areas.
  • Open fireplace and low beams throughout
  • 50 internal covers
  • Catering kitchen
  • Large garden area with scope to increase number of covers
  • Car park with


Private Accommodation

Private accommodation consists of two bedrooms, lounge, kitchen and bathroom.

Pub Financials

Annual Rent £
17,093
Estimated Annual Turnover £
266,891
Deposit £
4,273
Estimated Fixtures & Fittings Value £
6,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
18,773
Estimated Minimum Ingoing Costs £
9,924

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.
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