tenancy
22 The Green, Deanshanger, Milton Keynes MK19 6HL, UK
Approx. Total Ingoings
£17,991Annual Rent
£21,500The Beehive is renowned locally for its very friendly welcome, family friendly atmosphere and great selection of locally brewed beers. Private functions can be catered for and the pubs busy social calendar of events offers something to suit all interests. The pub functions as a social hub for team games, charity activity and occasional entertainment. This pub is a one bar operation with traditional decoration, great sized garden and car parking.
Deanshanger lies just north of the Buckinghamshire border. The business is located on the main though road in the heart of Deanshanger, a quaint village and civil parish northwest of Milton Keynes. Five miles north-east of the town of Buckingham, six miles west of the major town of Milton Keynes, and 50 miles northwest of London.
The Beehive is a detached two story property. The exterior is brick with a tiled roof, ample garden space with a temporary marque seating upto 30 covers, smoking provision and car parking for 12 vehicles.
The pub is a one bar operation with 30 covers which are serviced by a good sized catering kitchen, walk in chiller, and a ground floor cellar. The private accommodation consists of 3 bedrooms, a lounge and bathroom/toilet.
With the current business trading wet only, there is great potential to increase weekly sales by implimenting a traditional food offer and building on the current weekly schedule of activities and targeting consumers in the neighbouring villages and towns. In addition, there is also a great opportunity to maximise wet trade.
From previous experience, based on the style of operation and the location, we would anticipate that the Beehive has the potential to reach a fair maintainable turnover of £287,463 net per annum (£6,634 gross per week) with an 95/5 spilt. Please note that these are estimated figures which are for guidance purposes only.
The Beehive would suit an experienced, community-focused operator with the drive to maintain the pub’s current high level of footfall via an extensive weekly activity programme. Strong commercial and financial skills must complement the commitment to providing fantastic hospitality. Catering know-how would also be advantageous.
3 year fixed term or renewable tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale
Approx. Total Ingoings
£17,991
Annual Rent
£21,500
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
APPROXIMATE TOTAL £17,991
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings.
Security Deposit: £6,000
Stock and Glassware: £2,500
Valuers Fees: £800
Training Course Fees: £500 per person NB £800 for two people
Administration Fee: £400
Advance Rent: £1,791
Working Capital: £6,000
Fixtures and Fittings: £16,000
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.
Over 140 years of brewing expertise has helped grow a small family business in Bedford into one of the UK’s most respected pub companies and brewers with a pub portfolio of nearly 200 pubs across the UK including 17 pubs in France. We take great pride in our heritage, still promoting the same values as our founder Charles Wells to this day, focusing on quality and innovation but keeping our consumers at the heart of everything we do. Although the company continues to evolve, we still remain a family business with the Wells family firmly at the helm.
