under offer
tenancy
The Street, Kersey, Ipswich, Suffolk IP7 6DY, UK
Approx. Total Ingoings
£10,250Annual Rent
£25,000The Bell Inn is a charming, historic and characterful property in the picturesque village of Kersey in Suffolk. The pub is Grade II listed and was built approximately 650 years ago. Internally the pub provides space for around 40 covers across its three traditionally decorated areas. The beautifully presented beer garden is an extremely popular spot of the pub, especially in the warmer months, offering the customers an outdoor bar that also has the capability of serving pizza. The Bell Inn presents an exciting opportunity for an experienced publican with food experience, to take this destination food business to the next level.
Private Accommodation: There is sizeable and well-presented private accommodation to the first floor, comprising a kitchen and diner, bathroom, WC, lounge and three bedrooms.
Indoor trading area
The Bell Inn comprises of a bar area and two smaller lounge areas, which could also be used for dining. The décor is traditional throughout with features such as exposed beamed ceilings and a wood burner to provide a charming and cosy atmosphere. The internal area is a one bar servery and has a mixture of seating options for approximately 40 covers.
Outdoor trading area
There is a very well-presented patio garden and also a grassed area, which would also ideally accommodate a marquee or similar structure to provide further covered seating. The garden area has approximately 70 covers but this could be increased. The beer garden is also serviced by an outside covered bar which is used to serve drinks and also pizzas. The pub also features a car park to the rear of the pub and hosts spaces for approximately 20 vehicles.
Regional Manager Comments
This would ideally suit an experienced publican with the skills and capability to drive this business forward and maximise the destination dining trade. It would also be an ideal opportunity for a couple or family, with a food business background.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale
Approx. Total Ingoings
£10,250
Annual Rent
£25,000
Potential Turnover: £361,000 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: £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: £10,250 (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: £15,000 (excl VAT)
To be discussed with the Regional Manager.
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.
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.