tenancy
Bell Hill, Rothwell, Kettering, Northamptonshire NN14 6BP, UK
Approx. Total Ingoings
£13,250Annual Rent
£25,000The Blue Bell is an excellent local, situated in the historic market town of Rothwell in Northamptonshire. The traditional pub is in good condition, and its position near the middle of town ensures it has a broad range of customers. There is plenty to keep customers entertained in the open plan pub, including a pool table, wall-mounted televisions, cask ales and dozens of covers for casual dining. The pub also boasts six letting rooms and a trade kitchen. The pub has also been well regarded for an array of live music acts, karaoke, discos and theme nights. We are interested in hearing from those who can continue to grow the excellent wet trade, whilst developing a simple food offer, and successfully marketing the letting rooms.
Private Accommodation: There is a one bedroomed self contained flat on the first floor. This has a separate toilet/bathroom as well as a kitchen. There is the ability to convert one letting room readily back into a domestic bedroom.
Indoor trading area
The traditionally decorated pub is in good condition and this one room operation is cleverly zoned into four distinct trading areas. The lower section has fixed perimeter seating for up to 25 covers, the middle section has fixed and loose seating for a further 25 covers, whilst a third raised section can accommodate a further 20 covers, and this space has occasionally been used to host live music. There is also a games area which hosts a pool table and gaming machines. A central bar servery includes a range of cask ales, international brands, space for fridges and a well-organised back bar. The trade kitchen is well-equipped and could be used to offer breakfasts to residents, thus allowing the room rate to be increased. There are six modern en-suite letting rooms located on the first floor and all have separate access to the main bar area. The rooms are in very good condition and are well appointed, with each having a television, Wi-Fi and tea & coffee making facilities.
Outdoor trading area
An attractive patio to the front of the pub hosts picnic benches to seat over 20 guests. A secluded beer garden to the rear would benefit from some investment to enhance its appeal as a family-friendly space. Eight vehicles can be parked in front of the building, a further six spaces are on offer at the rear, and a free car park is located 100 yards away.
Regional Manager Comments
The Blue Bell is a great opportunity for a new publican to really see this pub business take off. This vibrant pub provides a hospitable environment to a wide range of customers and a friendly new publican is needed to continue with the existing excellent levels of service. Balancing the food, drink and income from letting rooms will be key to maximising success at this cosy inn.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Parking Cask Ale Live Sports
Approx. Total Ingoings
£13,250
Annual Rent
£25,000
Potential Turnover: £314,000 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: £25,000 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: £13,250 (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: £7,000 (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.
