tenancy
36 Stoneleigh Road, Kenilworth, Warwickshire CV8 2GD, UK
Approx. Total Ingoings
£28,841Annual Rent
£30,500The Cottage presents an enticing opportunity to take on a popular community-focused local pub and benefits from live-in accommodation. Located on the approach to the centre of Kenilworth, within easy reach of the town's sizeable population, The Cottage occupies a prominent location and has a good roadside presence. There is a car park for approx 15 vehicles, a seating area with space for ten picnic benches and 5 letting rooms.
The Cottage Inn is situated on Stoneleigh Road on the way into Kenilworth, approximately one mile from the town centre and train station.
The trading area of The Cottage is based around a large central bar, with open plan seating for drinking and dining, plus a separate restaurant area giving an opportunity for functions. There is a well equipped catering kitchen with ample storage and a good sized cellar under the bar. There are five small en-suite letting rooms (scope for improvement) on the first floor that add an excellent income stream. The domestic accommodation comprises bedroom, living room, kitchenette and bathroom, and one of the ensuite letting rooms can also be used for domestic use if required.
The Cottage, with the right successful operator could deliver a fantastic community focussed business capable of attracting a wide customer base from the local area. We forecast the business will be capable of a turnover of £362,893, delivering a possible partner profit of £34,605.
The Cottage would suit operators committed to providing great hospitality, with a desire to engage with their local community, enhance the pub’s food offer and build upon a strong reputation for community activity. Financial know-how is required to maximise the pub’s profit potential, as is marketing experience in order to promote The Cottage's events programme to the wider area. Customer age profile is 40+ which suggests a more mature applicant would be suitable.
3 year tenancy
Beer Garden Private Accommodation Kitchen Parking Function Room Letting Rooms Restaurant/Food
Approx. Total Ingoings
£28,841
Annual Rent
£30,500
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
APPROXIMATE TOTAL £28,841
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings.
Security Deposit: £10,000
Stock and Glassware: £4,500
Valuers Fees: £800
Training Course Fees: £500 per person NB £800 for two people
Administration Fee: £450
Advance Rent: £2,541
Working Capital Minimum working capital required: £10,000
Fixtures and Fittings: £TBC
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.
