Property Description
Welcome Traditional Inn
Located in the town of Valley on the beautiful Isle of Anglesey and ideally situated only two miles from the seaport of Holyhead and very close to the popular tourist area of Trearddur Bay, providing excellent footfall from commercial, business and leisure guests.
The Bull Hotel is a welcoming traditional inn with 14 well-appointed en-suite letting bedrooms.
The pub is a favourite with the local community and visitors alike for its fresh locally sourced produce offering diverse traditional and contemporary dining. A focus on local cask ales and a quality food offer will help to increase trade. Experience with events and entertainment would be beneficial to encourage weekday and weekend trade.
Talented Operator Wanted
If are you talented operator and have experience managing a food led outlet with letting rooms, this superb site could be for you. It would be beneficial for the operator to have experience with social media and marketing as attracting tourist trade will be essential. Business management skills are essential.
The Bull Hotel is an impressive well-kept site with a great mix of modern and traditional features. A real fire, exposed brickwork and beams help to create a relaxing cosy vibe. The bar area has a modern feel with bar stools, gaming machines and a pool table, the decor is a combination of wood, metals and spotlights. There is a catering kitchen on site for up to 75 covers.
The high-quality letting rooms are decorated to a modern boutique style, and with the site position in the town are ideal for visitors.
Outside there is a large beer garden which will is a haven for customers during the summer months.
The private accommodation at the Bull Inn consists of a two bedrooms, kitchen, lounge, office and bathroom.
Agreement Type
Foundation Tenancy
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
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