The King Charles II is located in the thriving tourist town of Ross on Wye and has been recently redecorated to a high standard. It is a community pub which offers our company Birch menu.
TRADING AREA AND PRIVATE ACCOMMODATION
The main bar is at the front of the pub. This space accommodates around 30 customers and has soft seating and an open fireplace. This rooms leads to a 30 cover restaurant area. The kitchen is located to the rear of the property and has been completely refurbished. The garden is behind the pub and has a courtyard layout with a large covered area. This is like a secret garden and a real gem for this pub.
The private accommodation is in great condition and includes three bedrooms.
LOCAL AREA AND CUSTOMER BASE
Ross on Wye is a large market town with a population of over 9,000 people. It is located on the River Wye, and on the northern edge of the Forest of Dean. All amenities are within walking distance including schools, a doctor's surgery and a variety of other businesses.
The King Charles II has a core local customer base and attracts a healthy tourist trade during the summer months. The pub has a good mixture of regular entertainment and quiz nights.
The King Charles II has a 50/50 wet/dry split and it has built its food trade to around £1,000 per week. The new retailer would need to develop this further and also focus their attention on developing evening activities. The business could suit a first time retailer or multiple operator. They would however require all the essential customer service skills that are needed to run a pub.
This pub is available on our retail agreement:
•A five year agreement
•You retain 22% of all sales made
•We pay for all repairs, investment, bills, stock and property insurance
•You pay your staff and council tax on the private accommodation
•Training is provided free of charge
•A £5,000 security deposit and £360 legal fees apply
•You will be required to obtain independent advice from a qualified accountant, RICS qualified surveyor and qualified solicitor at your own cost
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