tenancy
124 Monnow Street, Monmouth, Sir Fynwy NP25 3EQ, UK
Approx. Total Ingoings
£14,000Annual Rent
£32,000The Robin Hood sits on the main shopping high street in the historical border town of Monmouth. The pub is 500 years old and is full of character, comprising a central bar servery, a rear patio beer garden and a barn restaurant. The pub boasts potential and has everything needed to make it a success. The fully equipped trade kitchen can produce and support a quality home cooked food offer that customers have previously come to enjoy at the pub. We are seeking an experienced publican or couple with the skills and knowledge required to drive this pub business forward.
Private Accommodation: The private accommodation comprises two bedrooms, a large lounge, kitchen and bathroom.
Indoor trading area
The Robin Hood is over 500 years old which is reflected within the three trading areas, all of which add a cosy but medieval feel to the pub. Each area seats around 20 covers with the main bar being the initial point of contact. With a low hanging roof built from large wooden beams and stone walling, it certainly feels like you have stepped back in time here. The central bar serves two seating areas that run adjacent to one another, both full of traditional fixtures and fittings that you’d expect from a pub of its age. One is designed with dining in mind and the other set up for a more social drinking zone. To the rear of the pub is a small barn used for extra dining or as a function room that can be used for entertainment. The space can hold an additional 20 to 24 dining covers if needed. The trade kitchen is fully equipped to deliver a traditional pub menu.
Outdoor trading area
A patio beer garden can be found at the back of the pub and comes prepared with 10 picnic tables able to seat 40 covers. For families, a play area has been erected to keep the children entertained whilst their parents relax in the sun. The small car park is equipped to hold no more than three to four vehicles.
Regional Manager Comments
The Robin Hood is an old-fashioned town tavern which has previously been well known for its home cooked traditional pub food and offering a great place to relax and meet friends. With approximately 11,000 residents in Monmouth, The Robin Hood offers a fantastic opportunity for a publican looking to run a traditional pub in a bustling market town. I am looking for an experienced publican who can offer great products and customer service to local and tourist trade.
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
£32,000
Potential Turnover: £415,000 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: £32,000 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: £15,000 (excl VAT)
To be discussed with the Regional Manager.
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