Property Description
The Area
The Apple Tree is situated on a busy road at the entrance to several residential estates in a densely populated area. Surrounded by an abundance of local amenities, the pub benefits from high passing footfall. With little competition nearby, there’s a significant opportunity to expand its local customer base.
Demographics
Within a 10-minute walk of the pub, there are approximately 6,526 adults, primarily older families and retirees, offering a strong local community to tap into.
The Offer
This pub is available on our foundation tenancy agreement. Click here for more information.
The potential lies in creating a well-executed 80/20 food and drink offering. What type of food would you introduce to make the most of this opportunity?
The site is already set up to drive trade through community events, live entertainment, live sports, and its selection of popular beers, ciders, wines, spirits, and coffees.
We’re always open to new ideas - how would you drive trade and make this pub thrive?
If you have experience running or owning a pub business, we’d love to hear about the skills and knowledge you can bring to this opportunity.
The Ideal Candidate
The right operator will have extensive experience in a similar pub or hospitality business. They will bring a clear vision for the food and drinks menu, a solid marketing strategy, and an entertainment offer that delivers a memorable experience for customers.
If this sounds like the exciting pub opportunity you’ve been waiting for, apply today and share your vision for the Apple Tree’s next chapter!
Main trading area with bar
60 internal covers
40 external covers
Catering kitchen
Large Beer garden at the front of the pub
Private Accommodation to be confirmed.
Premises license available on request.
Agreement Type
Foundation Tenancy
Property Facilities
Kitchen
Live Sports
Outdoor Trade
Pub Games
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.
