tenancy
63 High Street, Corsham SN13 0EZ, UK
Approx. Total Ingoings
£10,750Annual Rent
£30,000The Flemish Weaver is a stunning rural pub bursting with character in the pretty market town of Corsham, near the Cotswolds. The pub is decorated in a unique style and features an impressive bar with a range of ales and spirits. The pub is spacious throughout and comprises seating for up to 100 guests. We are looking for an experienced publican or couple who can continue the growth of this fantastic pub business.
Private Accommodation: The private accommodation comprises three bedrooms, a lounge, kitchen and bathroom.
Indoor trading area
The pub boasts a wealth of character and is full of quirky and traditional features. As food is an important part of the pub, there are a number of areas for diners to sit and relax. As you enter the pub, at the front is the main lounge bar, where you are immediately greeted by a welcoming open fireplace and beautiful flagstone flooring. This room has a mixture of loose furniture and some fixed seating along the back walls. This is a traditional cosy bar and accommodates 50 guests with space for a further 50 guests in other seating areas. There is a medium size trade kitchen, in good condition and well-equipped, with good preparation space.
Outdoor trading area
There is an incredibly pretty and quirky courtyard garden with potted plants ,hanging baskets and other separate all weather heated booths, which double the dining and drinking capacity. To the front of the pub, there is space for a tables and chairs which allow guests to sit and watch the world go by. The pub has a small private parking area with space for up to four vehicles, otherwise there is ample street parking near by.
Regional Manager Comments
The Flemish Weaver is an incredibly popular pub that is well-regarded for its great home cooked food and exceptional quality cask ales. This is a very special business, brilliantly designed to maximise footfall, with a unique character all of it's own. This is a superb opportunity for a new publican to take this pub business to the next level; it really has to be visited to appreciate it.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale
Approx. Total Ingoings
£10,750
Annual Rent
£30,000
Potential Turnover: £473,000 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: £30,000 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: £10,750 (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.
