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Run a Star Pub

4 months ago

Keswick CA, Wigton, United Kingdom Star Pubs Leased & Tenancy Careers Full time
Pub Overview

The Swinside Inn is located in the town of Keswick, close to Derwentwater, famous for water sports and the start of Cat Bells Mountain rage. The pub is surrounded by rural landscape. The pub benefits from being the only pub found in an area.

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a strong food & drinksoffer and offering breakfast and packed lunches for hikers. What food & drinks would you look to implement in the pub?

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable experience for their 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

  • Catering Kitchen
  • Foundation Tenancy
  • Letting Rooms
  • Car Park
  • Outdoor Trade


Trading Area & Facilities

  • Main trading area with bar and dining area
  • 50+ internal covers
  • 90+ external covers
  • Catering kitchen
  • SmartDispense
  • Letting rooms
  • Outdoor Trade - views of Newlands valley and hiking roots
  • Large car park


Private Accommodation

Private accommodation consists of 2 bedrooms, kitchen, bathroom, a living room

Pub Financials

Annual Rent £
54,846
Estimated Annual Turnover £
629,101
Deposit £
13,712
Estimated Fixtures & Fittings Value £
25,000
Estimated Stock Valuation £
7,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
49,712
Estimated Minimum Ingoing Costs £
15,571

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.