tenancy
High Street, Winterton, Scunthorpe DN15 9PU, UK
Approx. Total Ingoings
£11,250Annual Rent
£25,000The Butchers Arms, Winterton is an extended end terrace pub situated in Winterton, a delightful town in North Lincolnshire. The pub is popular with local families for its family friendly setting serving quality food and drink and boasting traditional features including a charming fireplace and an open plan trading area. There is an excellent beer garden to the rear which has huge potential to be used for village events and live music throughout the summer to draw additional trade and generate further revenue. In 2021, there was a full external signage and redecoration scheme completed which presents excellent first impressions of this village pub. This pub would be ideally suited to a food experienced publican who can enhance the food offer and develop the entertainment through live events and pub games. The publican will also need excellent service skills and high standards to run this fantastic pub.
Private Accommodation: The private accommodation comprises of three bedrooms, a lounge and kitchen all of which has been kept in great condition which will allow immediate occupancy.
Indoor trading area
This traditional English pub has an abundance of period features, such as fireplaces, wooden beams and quality furnishings. The main bar sits centrally within the open plan trading area with tables and chairs immediately opposite, which make up a transient area between the drinking and dining spaces. The lounge accommodates up to 24 covers in a formal dining arrangement. In addition, there are 32 covers set up with loose seating, providing flexible arrangements for larger bookings and parties. The excellent food offer is supported by a commercial kitchen with a new extraction system and a range of equipment.
Outdoor trading area
There is a delightful beer garden located to the rear, which is laid to grass and fenced for security. The space can accommodate up to 36 customers on bench seating and is popular with young families who come to enjoy the multi-functional garden. The large car park has space for 20 vehicles and is perfect for the clientele who are travelling to this destination pub.
Regional Manager Comments
The Butchers Arms has an excellent reputation as a traditional family friendly pub offering quality food and drinks. Excellent service and high standards are critical to ensuring the continuing success of this business; experience in food operation would be an advantage, however it should also be noted that a vibrant drink trade is in place. The right publican will be able to use their skills and expertise to enhance the existing food offer and develop the trade through entertainment and sport with a focus on pub games.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Parking Cask Ale Live Sports Restaurant/Food
Approx. Total Ingoings
£11,250
Annual Rent
£25,000
Potential Turnover: £402,000 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: £11,250 (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: £20,000 (excl VAT)
To be discussed with the Regional Manager.
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