tenancy
Coychurch Road, Brackla, Bridgend CF31 2AP, UK
Approx. Total Ingoings
£17,250Annual Rent
£45,000The Haywain is a large, high profile traditional pub situated on a main route leading to Bridgend, surrounded by residential housing and close to local industry. The pub features amenities to serve all sectors of the Bridgend community. These include a great catering kitchen and a large function room. The open bar licensed area facilitates drinking and dining throughout. The extensive grounds comprise a great children's playground, 50 parking spaces and seating to support a busy summer trade. The site offers a fabulous opportunity for a determined publican with catering experience to dramatically increase both wet and dry sales.
Private Accommodation: The private accommodation consists of four double bedrooms, a lounge/kitchen, bathroom and office. Presented in good condition, the flat is ideal for a growing family.
Indoor trading area
Internally, a long bar serves a drinking area plus a large open plan area which is suitable for drinking and dining, with intimate features such as multiple open fireplaces. There is a function room that could be utilised for private parties and catering for wakes from the nearby crematorium. This room is light, well decorated and benefits from its own bar servery, a separate entrance to the car park and direct access to the kitchen. The kitchen itself is large enough for a full kitchen team and has a comprehensive range of equipment. The pub has the capacity to hold over 150 people in total including 70 plus in the dining area.
Outdoor trading area
Off the main entrance is a comfortable area for around 10 bench tables for external drinking and dining, whilst a secluded rear garden is large enough for a marquee thus creating potential for additional income. Families are well catered for as there is also a children's play area. Two car parks are located to either side of the building with 50 spaces in total; coach parties can be accommodated in the larger of the two. The gardens will prove an invaluable income driver during the good weather.
Regional Manager Comments
The pub has built a good reputation for family dining and catering for large parties. A large well equipped trade kitchen will allow the new publican to drive the food offering. The Haywain has all the features required to meet the broad demands of current and future customers, and now just needs an experienced publican to take it to the next level.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale Function Room Children's Play Area
Approx. Total Ingoings
£17,250
Annual Rent
£45,000
Potential Turnover: £610,000 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: £45,000 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: £17,250 (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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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.
