tenancy
High Street, Westbury on Trym, Bristol BS9 3DZ, UK
Approx. Total Ingoings
£15,750Annual Rent
£31,000Located in a prominent position in the popular destination village of Westbury on Trym, the White Horse is an upmarket pub with a great food reputation. It is believed that the building dates to the 17th century and still retains some historical features to this day. Four nicely restored olde worlde trading rooms house smart, rustic furniture. Each room having an individual feel, providing the perfect environment for drinks or food. We are seeking an experienced or first-time publican with a background managing an upper mid-market operation. A catering background would be beneficial should the pub be food-led however, it would trade very well as a town bar.
Private Accommodation: The private accommodation comprises two bedrooms, a lounge, kitchen, and a bathroom. The new publican will also benefit from having their own private parking.
Indoor trading area
Quality décor and period features throughout provide a very welcoming and cosy atmosphere, boasting plenty of character with low ceilings, exposed brickwork and open fireplaces. The internal trading area has two bar serveries and is spread across several levels with lots of nooks and crannies to hide away in and enjoy a drink or meal with friends. The restaurant area has loose fixtures, a feature wall, and can accommodate a maximum of 60 covers. The trade kitchen is on the first floor and serves the restaurant via a dumb waiter.
Outdoor trading area
The pub has a patio garden to the side of the building with several tables and chairs. A rainproof canopy covers part of the garden providing a covered smoking shelter. This delightful area is adorned with hanging baskets and potted plants.
Regional Manager Comments
The White Horse currently trades as a quality food pub with a fantastic reputation. Considering its excellent location at the centre of Westbury on Trym, it would also work well as a town bar with a quality food offer to compliment the cask ales and speciality drinks menu. The pub is in great condition throughout and would suit either a new or an experienced publican with good vision and enthusiasm.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Cask Ale Restaurant/Food
Approx. Total Ingoings
£15,750
Annual Rent
£31,000
Potential Turnover: £435,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £31,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £15,750 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £20,000 (excl VAT)
To be discussed with the Regional Manager.
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
