under offer
tenancy
The Common, Stokenchurch, High Wycombe, Buckinghamshire HP14 3TZ, UK
Approx. Total Ingoings
£10,500Annual Rent
£11,000Situated in the heart of Stokenchurch, the Fleur De Lis a prominent and community-based pub set back off the village green. Being situated a mile off the A40, it is a good stop off on the way to London. Internally, the pub is very well decorated in a contemporary style, a bar and games area sits alongside several designated dining areas with seating for 40 covers. The pub benefits from a private car park, a front facing decking area and a family garden. We are looking for a publican with catering experience who can develop a good food menu to serve the local community and attract custom from further afield.
Private Accommodation: The living accommodation can be accessed through the pub and comprises three bedrooms, a lounge, kitchen and bathroom.
Internally, the pub is very well decorated in a contemporary style. Upon entering the Fleur de Lis you are greeted by the main bar which has seating for 20 covers, as well as character features such as an open fireplace and beamed ceilings. At one end of the bar is a games area housing a dart board and plasma TV, and to the other end several designated dining areas. With overhanging beams and views overlooking the rear garden, there is seating for 40 covers in this well-presented space. The catering kitchen is adequate to deliver a traditional pub menu.
An attractive decked area to the front of the pub overlooks the village green. This pleasant backdrop, accompanied by picnic benches to accommodate 30 covers, provides the perfect space for outside drinking. In addition, the Fleur de Lis also boasts a rear south facing garden with seating for 45 covers. A private car park has space for 15 vehicles, there is also plenty of additional off road parking nearby.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Parking Live Sports Restaurant/Food
Approx. Total Ingoings
£10,500
Annual Rent
£11,000
Introductory Rent: £11,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND I
This pub needs personal investment of time, effort and skills to realise its potential. Our vision for this pub is a business capable of sustaining a rent of £22,000.00 per annum.
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: £10,500.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £11,000.00), 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 & fitting value: £12,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value: £29,500
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
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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.