tenancy
Abergynolwyn, Tywyn LL36 9YW, UK
Approx. Total Ingoings
£14,250Annual Rent
£25,000The Railway Inn is in a very attractive location in the rural village of Abergynolwyn, Tywyn, Gwynedd and is unopposed as the only pub serving the local community. From the pub you can still see the remains of the old incline that brought goods traffic down from the railway to the village. There are stunning views of the nearby hills and wonderful walking locations nearby. The pub is situated in Snowdonia Park and has a solid local trade and thrives from tourism. The pub is well-established, traditionally decorated and has many quirky features. There is an established homemade traditional food offer and a good wet offer comprising of several real ales and premium drinks. We are seeking an experienced publican or couple looking to run a pub in a beautiful location, who can further develop and enhance the current offer.
Private Accommodation: The private accommodation comprises two double bedrooms, a kitchen, bathroom and small office.
Indoor trading area
Three main rooms occupy the internal trading space; a 30 cover restaurant and two lounges, each accommodating 10 covers and with their own connecting bar. Loose tables and chairs are positioned accordingly throughout. Many of the original character features of the pub have been retained such as the stone clad walls and a huge inglenook fireplace in one of the lounge bars, above which is novel brass ornaments. These features along with period ceiling beams in the bars instil a real home from home feeling. The trade kitchen runs behind the bars and across the three rooms. It has been recently refurbished which provides ample space for a quality food offer.
Outdoor trading area
The pub sits on the main through-road of the village and has benefitted from external decoration and new signage in recent years. Customers can enjoy the beauty of the surrounding landscape if they choose to sit outside the front of pub where there is space for several picnic benches. Alternatively, to the rear of the pub is a beautifully landscaped beer garden with space for an additional six picnic benches. From here the nearby hills can still be seen, along with the barn and outbuildings. The first outbuilding is a large barn which is currently used for functions and private parties. The three further outbuildings are currently unused but with the right vision could be made better use of.
Regional Manager Comments
The Railway Inn is a well-established and traditional country pub with multiple income streams and offers an exciting opportunity for a new publican to position themselves at the heart of the local community. Although the pub is well-established and has a great reputation for its quality food and drink offer, there is scope to take the pub to the next level by utilising the outbuildings to create a space capable of hosting events such as beer festivals or traditional folk music weekends. I am looking for publicans who will work hard to integrate into the local community and take pride in running their own country pub.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Cask Ale Function Room Restaurant/Food
Approx. Total Ingoings
£14,250
Annual Rent
£25,000
Potential Turnover: £0 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: £25,000 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: £14,250 (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: £10,000 (excl VAT)
To be discussed with the Regional Manager.
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