Potters Arms Burgess Hill

2 weeks ago


Burgess Hill, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Job Description:

All potential applicants are encouraged to scroll through and read the complete job description before applying.
Pub Overview

Great Pub, Great Location

The Potters Arms is nestled in the charming town of Burgess Hill, situated on the border of West Sussex and East Sussex, gracing the edges of the South Downs National Park.

This idyllic location boasts a demographic rich in high affluence, with 3,600 adults residing within a convenient 10-minute walk and 12,600 within a leisurely 20-minute stroll of the pub.

This establishment attracts a diverse crowd of locals and visitors drawn to the area's rich history and the pub's inviting ambiance.

The proposed refurbishment will expand on the pub's character, with new signage and lighting alongside a full redecoration of the pub's externals.

Complete External Refurbishment Planned

The Potters Arms presents a fantastic investment opportunity, with substantial potential for growth and community integration.

With 60 internal covers and over 100 external covers in its inviting garden, the pub is poised to cater to a diverse clientele. Its unique selling point lies in the upcoming full external transformation, which will enhance its kerb appeal and draw in new patrons from the neighbourhood.

This pub, with its strategic location and upcoming renovations, has the potential to become a central hub in the heart of the community, setting it apart from competitors.

It is ideally suited for a local operator familiar with the area or someone willing to reside on-site and actively drive the pub's success throughout the week, thereby unlocking its full potential.

The Offer
A premium drinks range from Amstel to Beavertown for larger lovers and local ales such as Harvey's Best Bitter Premium wines and spirits alongside no and low options Traditional pub classic food menu A coffee offer Entertainment through sport, quiz nights and local community events

Features

Investment Tenancy
Cask Ale
Outdoor Trade
Private Accommodation

Trading Area & Facilities

Repairs to the fabric of the building prior to decoration An external redecoration of the pub including areas that were previously painted surfaces New Signage Scheme New lighting 60 internal covers 100 external covers

Private Accommodation

3 Bedrooms, Large Kitchen, Large Living Room and a Bathroom

Pub Financials

Annual Rent £
40,300
Estimated Annual Turnover £
476,069
Deposit £
10,075
Estimated Fixtures & Fittings Value £
11,390
Estimated Stock Valuation £
10,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
34,965
Estimated Minimum Ingoing Costs £
16,858

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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