under offer
under offer
tenancy
Five Bells, 1 Stoke Road, Hoo, Rochester ME3 9BE, UK
Approx. Total Ingoings
£8,000Annual Rent
£18,000This is a large community public house located on the Isle of Grain in Hoo, a friendly village surrounded by residents. The pub has great facilities with an excellent sized trading area including a saloon bar, dining area, large function room and a spacious and a secure beer garden. The pub trades very well from local residents with its positioning in the heart of the village and with local amenities nearby there is scope to develop the passing trade. Stonegate Pub Partners are now seeking an experienced publican or someone with experience of running and developing a food operation who can look to develop the offer of food to attract further trade. There is also a fantastic opportunity to utilise the beer garden and large function room to maximise revenue.
Private Accommodation: First floor accommodation is well presented and comprises of a lounge, bedroom and bathroom. The second floor has two small attic style bedrooms. The kitchen facilities are shared with the pub on the ground floor.
Indoor trading area
The Five Bells is a traditionally decorated pub with tiled and carpeted flooring as well as charming exposed beams. On entering the pub customers are greeted by a central saloon bar with eight covers. There is a dining area to the left with 14 covers and to the right is a games area which houses a pool table and dart board. A large function room is located on the first floor with its own bar perfect for birthdays and special occasions. There is plenty of room for live music and entertainment, catering for over 40 customers. Whilst the trade kitchen is large, it would require a refit to bring it in line with modern kitchen requirements. There is potential for possible development of the premise’s dependent on the suitability of applicants and respective business plans.
Outdoor trading area
Four picnic benches offer a drinking and smoking area to the front of the pub whilst the rear beer garden is laid to lawn with bench seating for up to 40 patrons. This large area boasts potential for play equipment, outside dining and large events. On-site parking is available for eight vehicles with ample parking across the high street in a public car park. The pub external decorations and signage give the site great kerb appeal.
Regional Manager Comments
This is a large community pub with local residents making up the majority of the clientele. There is a fantastic opportunity to utilise the beer garden and large function room by developing a strong food offer. This business would suit an experienced publican or someone with experience of running and developing a food operation.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Parking Cask Ale Function Room Live Sports Restaurant/Food
Approx. Total Ingoings
£8,000
Annual Rent
£18,000
Potential Turnover: £247,000 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: £18,000 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: £8,000 (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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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.
