Business Opportunity - Licensee wanted for the Ship & Castle, Bristol

Location
City of Bristol
Salary
Business Opportunity
Posted
10 Sep 2017
Closes
10 Oct 2017

Business Opportunity - Licensee wanted for the Ship & Castle, Bristol

PUB OVERVIEW

This is a Fantastic opportunity to take on a well established business benefitting from six attractive ensuite letting rooms, a large external trade area, car parking for over 50 cars and in close proximity to Bristol International Airport.

The Ship & Castle is a well established business and is available for the first time in nearly seven years. The site has an established trade from its reputable food offer and repeat visitors using the boutique letting rooms. Greene King are further enhancing the business with a full external programme of redecoration.

BUSINESS INFORMATION

Entry cost from: £59,800

Annual rent: £40,000 per annum plus 6% Turnover Royalty

Agreement Tenancy – Turnover Tenancy

Type of Tie: Partial tie: Tied All Beer & All Cider

LOCATION

The pub is situated in the commuter village of Congresbury on the main A370 Bristol to Weston Super Mare road, which is around 15 minutes from Bristol International Airport and close to Junction 21 of the M5. The village of Congresbury is a thriving community and currently has around 3,500 inhabitants.

CURRENT PREMISES LICENCE OPENING HOURS

Monday-Sunday 11:00hrs - 02:30hrs

TRADE SPACE

There are four separate internal trading areas accounting for around 75 covers .In addition there is a very large landscaped garden area featuring a raised decked area. There are six ensuite boutique letting rooms located on the first floor and accessed via a separate entrance.

PRIVATE ACCOMMODATION

The pub has two studio style bedroom flats with a kitchen/lounge area and a separate bathroom.

FINANCIAL INFORMATION

Entry costs approximately £59,800 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *Finance Assistance can be provided for the right applicant in terms of the fixture and fittings purchase*

ESTIMATING TURNOVER

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. Calculators to help you are available on the business planning section of our website

Apply for Business Opportunity - Licensee wanted for the Ship & Castle, Bristol

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.