Licensee - Kings Head, Wells

Location
Wells, Somerset
Salary
Business Opportunity
Posted
01 Jun 2017
Closes
01 Jul 2017

Kings Head, Wells

Minimum Ingoing Costs: £15,615

Annual Rent: £55,500

Annual Turnover: £618,310

Pub Overview

Fantastic Opportunity for a High Street Pub 

The subject of a major refurbishment, the Kings Head is a well presented pub located on the busy high street of the historic town of Wells. A stone's throw from the majestic Wells cathedral and surrounded by small independent retailers and larger chain stores, the pub benefits from a high level of passing trade.

The local demographics also feature a high proportion of well off families and retirees. Full of character, this is a two bar operation that, given its excellent location, has the ability to cater to two defined trading types. During the day it is a venue to relax and enjoy food and a quiet drink while in the evening it can change to a more up tempo young person's venue.

This pub is well known for its cask ale offering, a feature which will continue to drive excellent trade. There is also an opportunity to develop a coffee and snack offering to cater for the day time shoppers trade.

Experienced Visionary Operator Needed!

The proposed plan will bring more food trade with room for at least 40 covers. The site boasts an enviable courtyard garden to the rear. With a function room, great food offering and cask ale provision, this pub is ideally suited to an experienced operator with a vision to take it to the next level.

Important information

Please be aware that all trading documents inclusive of the full Rent Model, Schedule of Conditions, Schedule of Works, Energy Performance Certificates etc are available directly from the Star Pubs & Bars website.

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