tenancy
15 High Street, Wickwar, Wotton-under-Edge GL12 8NE, UK
Approx. Total Ingoings
£13,500Annual Rent
£30,000The Buthay Inn is a large characterful building, dominating the main street through the centre of the village of Wickwar, Gloucestershire. It benefits from a large car park, good sized garden, bar and restaurant area, large kitchen and substantial private accommodation over two floors. There are also five letting rooms all en-suite and a disused skittle alley. This is an ideal opportunity to run a business that is at the heart of the community and serves as an excellent destination for eating, drinking and sleeping amongst the beautiful south Gloucestershire countryside.
Private Accommodation: The private accommodation is of an excellent size and would be suitable for a family. There are five bedrooms, a living room, kitchen and bathroom.
Indoor trading area
The Buthay Inn boasts a large, open plan internal trading area, with beautifully intimate spaces to relax in. The well laid out pub presents original features such as wooden beams and a brick fireplace and although is a one bar operation has lovely intimate spaces for relaxing in, or more popular areas for dining, which have also been utilised for private functions. The pub also comprises of five en-suite letting rooms, all double size, which the ingoing publican may wish to update.
Outdoor trading area
To the rear of the pub is a good-sized, well-presented beer garden, with space for more than 40 covers. The enclosed garden has picnic benches spread across the lawned area and a marquee directly outside the pub, which is perfect for more private events. Providing entertainment for all ages, this pub boasts a large children’s play area that has created the perfect hotspot for families in the warmer months. There is also a very large car park with space for approximately 30 cars, which can be accessed through the beer garden or to the side of the pub.
Regional Manager Comments
The Buthay Inn is a large pub in the middle of the lovely village of Wickwar, surrounded by the beautiful south Gloucestershire countryside. With USPs such as five lettings rooms, garden with children’s play area, and a large car park, the Buthay Inn comes with a large amount of potential and we require someone with preferable catering experience, in order to grow the business through innovative ideas.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale
Approx. Total Ingoings
£13,500
Annual Rent
£30,000
Potential Turnover: £371,000 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: £13,500 (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.
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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.
