Licensee - Kings Head, Wells

BA5 3LU, Wells
Business Opportunity
31 Aug 2017
01 Oct 2017

Licensee - King's Head, Wells

Minimum Ingoing Costs: £15,615

Annual Rent: £55,500

Annual Turnover: £618,310

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 Kings Head benefits from an affluent local population made up of an older age profile with above average income and wealth. These locals, who are not price conscious, seek premium quality products and services and are happy to pay for it. 

Post-refurbishment, the Kings Head will be significantly repositioned to offer a premium traditional pub experience,
including a good quality drinks offer, including premium beers, ciders, cask ales, wines and spirits and a great food offer including fresh fish, steaks and other locally sourced ingredients all freshly prepared and beautifully presented.
The Kings Head will have a traditional pub feel, with a roaring fire, finished to high standards of quality and visual appeal.

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.

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