Run a Pub with Wells

4 months ago

Milton Keynes MK, Milton Keynes, United Kingdom Wells & Co. Pub Partners Careers Full time

This is a popular village pub with a good local reputation for it's real ales and simple traditional food, which is served throughout the week at lunchtime and evenings. The offer is enhanced in the summer with an especially large and attractive garden which attracts families from outlying areas. Pool and darts are a popular feature while live sports and regular music events provide the activity.

Key Highlights

  • Vibrant village pub with loyal and regular trade
  • Potential for property development
  • Large & attractive pub garden
  • Close to both Central Milton Keynes & Northampton
  • Great starter site with payment plan option for fixtures and fittings

This Watts is located in the centre of the village of Hanslope which is situated on the Bucks/Northants boarder, within easy access from the A508 linking Northampton & Milton Keynes. Directions: Leave the M1 at J15 and take the A508 towards Milton Keynes. In the village of Roade, turn left at the junction signposted Hartwell/Hanslope. Follow this road, turning right in Hartwell towards Hanslope. Pass through Long Street and into the village of Hanslope, as you approach the mini roundabout, the Watts Arms is on your right.

This attractive village pub offers great hospitality established as the ‘first choice’ for the village and surrounding areas. The pub trades to a high standard and is a two storey brick built building with tiled roof. There is a central bar serving an L shaped trading area broken down into games, lounge and dining areas catering for approximately 35 covers in total. Outside is a smoking area and a very large garden to the rear with outbuildings. There is limited parking to the side of the property. The outbuildings and garden offer further development potential and investment is being considered to refresh both external and internal appearance.

There is a great opportunity to develop both the wet and food side of the business by expanding the real ales portfolio offering more choice, along with a traditional food offering to drive lunch time footfall. The fair and maintainable trade turnover for the site is £375,574 net per annum. £8,667 gross per week. The business is largely wet led but there is a good current food offer that can be developed further, currently trading at a 80/20 split.

Suitable Applicants: This site would suit a hands on operator, committed to providing great hospitality and able to engage with the local community. The ideal candidates will have an appreciation of the commercial and financial skills required to operate their own business, an interest in developing the food trade and an ability to drive sales through a range of activities.

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