The Griffin, Toddington - Tenancy Opportunity

2 days left

Location
LU5 6BN, Dunstable
Salary
Business Opportunity
Posted
24 Aug 2017
Closes
24 Sep 2017

The Griffin, Toddington - Tenancy Opportunity

PUB OVERVIEW

£200k refurbishment planned! Letting rooms and a function room! A free of tie draught beer discount!

The Griffin is situated in the large, affluent village of Toddington, Bedfordshire. It is next to the church and is the first pub you see as you drive just 2 minutes off the M1. It benefits from a large garden with a play area and boasts over 100 covers inside including its own function room.

BUSINESS INFORMATION

Entry cost from: £53,100

Annual rent: £50,000 per annum plus 7% Turnover Royalty

Agreement: Tenancy – Turnover Tenancy

Forecasted Operator Machine Profit: £6,000

Forecasted Operator Profit (including machine profit): £50,124

Forecasted Operator Turnover: £536,817

Average Beer & Cider Discount*: £204 (dependant on sales mix)

Type of Tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List

LOCATION

Toddington is a large village and civil parish in the county of Bedfordshire, England. It is located 5 miles from Luton, 4 miles north of Dunstable, 6 miles south west of Woburn and 35 miles from London on the A5120 and B579. Many of the population commute to London for work using the rail services. Toddington has experienced a rise in house prices due to its reputation as a quiet English village and the easy commute into London. There is a huge housing expansion planned over the next few years in South Bedfordshire and Toddington is located in the heart of this.

TRADE SPACE AND STYLE

The pub benefits from one large bar area with a separate sports area, function room, dining room, letting rooms and good sized garden with play equipment.

PRIVATE ACCOMMODATION

One double bedroom, a bathroom and a kitchen.

The Griffin is a fantastic investment opportunity in the heavy growth area of South Bedfordshire. The population is growing with government commitments to build thousands of new houses in the area over the next few years. The ideal candidate will be an experienced person who can demonstrate success in food, drinks and accommodation.

Apply for The Griffin, Toddington - Tenancy Opportunity

Already uploaded your CV? Sign in to apply instantly

Apply

Upload from your computer

Or import from cloud storage

Your CV must be a .doc, .pdf, .docx, .rtf, and no bigger than 1MB


4000 characters left

All questions are required

Do you have a minimum of £5,000 capital investment?



By applying for a job listed on Morning Advertiser Jobs you agree to our terms and conditions and privacy policy. You should never be required to provide bank account details. If you are, please email us.