tenancy
St Mary's Grove, Nailsea, Bristol BS48 4NQ, UK
Approx. Total Ingoings
£14,000Annual Rent
£36,000The Ring of Bells is a traditional village pub located in the affluent area of Nailsea. Home to the Nailsea Folk Club and several skittles teams; and boasting a huge children's adventure playground, a whole row of floodlit petanque pistes and a barbecue area to hire, this pub is a focal point of the local community. With a large open plan trading area, great food facilities, cask ales and an amazing outside space, this opportunity is not to be missed. Stonegate Pub Partners are looking for an experienced catering-minded publican to take this pub to the next level.
Private Accommodation: The large spacious private living accommodation can accommodate a family, with three bedrooms, a lounge, and a kitchen.
Indoor trading area
Inside, it’s very much a traditional English pub in its design with traditional decoration, but contemporary features. The layout consists of one large trading area with an easily accessible bar, featuring well-kept cask ales and international brands of the publicans choosing. The total covers comprise approximately 60 for drinking and 40 for food and allows plenty of space to drink and dine in comfort. The back of the pub also hosts a large function room which can be used for a range of events including parties, christenings or wedding receptions. This room can also be set up as a skittle alley or darts area.
Outdoor trading area
Outside, there is a large beer garden which is partly laid to lawn and partly a patio, complete with several tables and chairs for al fresco dining. Completing the package is a children’s play area and a row of floodlit petanque pistes to while away a summer's afternoon. A 25-space car park is adjacent to the pub.
Regional Manager Comments
Stonegate Pub Partners are looking for a publican with good catering skills that can forge strong links with the local residents. The pub has good facilities which are available to be used to its full potential to attract families, festivals and events which can be held in the beer garden. There should be a quality food and drink offer available to maintain this pub's historical high standards.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale Function Room Children's Play Area Restaurant/Food
Approx. Total Ingoings
£14,000
Annual Rent
£36,000
Potential Turnover: £471,000 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: £36,000 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: £14,000 (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: £10,000 (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.
