Run a Star Pub

2 weeks ago

Bourne PE, Bourne, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

A charming pub in the historic market town of Bourne

Bourne is a lively and exciting town. It hosts many annual events such as the Bourne Festival and the Bourne Classic Car & Bike Carnival. Live music attracts locals and visitors to the pub due to its lively atmosphere. A good schedule of events make the Masons Arms the go-to place.

Masons Arms already has a lucrative drinks offer. There is no catering kitchen on-site but an opportunity does exist to introduce a simple snack offer.

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
  • Understanding of the local community
  • You know what it takes to build a successful business
  • You love hospitality and are great with customers

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter

Features

  • Foundation Tenancy
  • Music Venue
  • Pub Games
  • Cask Ale
  • Outdoor Trade
  • Private Accommodation
  • Monthly Billing
  • Weekly Billing


Trading Area & Facilities

Trading Area & Facilities

The Masons Arms is a charming pub with lots of character. Featuring an imposing open fireplace in the main bar and low wooden beams throughout. In the second room, there is a pool table and darts boards used by local teams every week. Gaming machines provide an extra income. Inside can hold up to 70 covers.

Externally the Masons Arms has a large garden space with the potential to have 70 covers.

Private Accommodation

Private Accommodation

Private accommodation at the Masons Arms is over 2 floors. It consists of three double bedrooms, lounge, kitchen and bathroom. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on driving your business.

Pub Financials

Annual Rent £
23,510
Estimated Annual Turnover £
316,235
Deposit £
5,878
Estimated Fixtures & Fittings Value £
855
Estimated Stock Valuation £
4,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
14,733
Estimated Minimum Ingoing Costs £
9,959

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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