Property Description
Complete Refurbishment Planned!
The proposed refurbishment of the Manor House involves a comprehensive interior redecoration, with updated fixtures and furnishings and a curated selection of Bric & Brac. This overhaul will create a warm and inviting atmosphere, a great pub that does great food.
The external refurbishment will include new signage, a complete redecoration of the exterior, and enhancements to the garden area. These external improvements are anticipated to significantly enhance the Manor House's kerb appeal, making it more attractive to passersby.
The combination of upgraded interiors and an appealing exterior is poised to attract a new range of consumers seeking a high-quality offering. The pub's Great Pub Great Food style and improved external area are expected to make it particularly appealing to families and a diverse set of consumers, thereby positively impacting trade.
Great Pub, Great Demographics!
The Manor House is situated in Wortham near Diss, positioned along a bustling main road leading to Diss and the coast, offering high visibility and accessibility. Wortham itself is characterized by its village charm, catering to a demographic with high affluence.
The local population within a 20-minute drivetime radius amounts to approximately 60,000 residents.
Tap Into This Pub’s Potential!
This pub presents a compelling investment opportunity due to its potential to attract local residents, especially the target demographic of the 60,000 population within a 20-minute drivetime.
With 100 internal covers and an additional 140 external covers in a stunning garden setting, the pub offers ample seating capacity to cater to a diverse clientele.
The pub after refurbishment will be decorated in a modern homely style. The Manor House boasts an open fireplace and striking wooden beams. There are several spaces throughout dedicated to both drinking and dining. Outside, the pub has a great space. Seating to the front of the pub as well as an appealing beer garden to the rear. For more information on the refurbishment please download the refurbishment details.
Self-contained private accommodation consists of two bedrooms, living room, galley kitchen and bathroom.
Agreement Type
Investment Tenancy
Property Facilities
Kitchen
Parking
Outdoor Trade
Private Accommodation
Cask Ale
Refurbishment Planned
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
