COULD YOU RUN A PUB?
The Swan, Kingston is a beautiful picture postcard Cask Marque 17th Century pub situated in the village of Kingston St Mary not far from the Quantock Hills which attract visitors to the area.
The pub is a cosy and traditional pub with beamed ceilings, welcoming fires and a reputation for serving delicious cask ales, as well as delicious home cooked food.
The Swan also offers a stunning beer garden space with parking and a detached skittle alley/function room which offer scope to develop the business.
The trading space is in great condition following a recent refurbishment with space for 56 covers, including special occasion dining and a drinking space. It’s a long open but cosy room which offers a warm atmosphere. The décor is traditional and in fantastic condition.
The garden offers a great opportunity to add significant business throughout the summer months and it’s inglenook fireplace draws customers for long evenings in the bar during the winter. The pub also offers a car park for up to 12 cars.
The private accommodation includes three bedrooms, a kitchen and lounge.
ABOUT THE LOCAL AREA
Kingston St Mary is a charming and affluent small village with retired residents and professionals alongside strong tourist trade drawn to the area by the Quantock Hills. The main road through Kingston passes in front of the pub offering regular passing trade for a bite to eat. There is limited local competition nearby and this pub is well poised to become the most liked pub across the local area.
THIS PUB MAY SUIT
A publican with catering experience and a passion for supporting a local village community. You will create an environment where people can feel relaxed and socialise. You need to have a passion for ales and wines, knowing how to maximise sales and utilise these to compliment a wonderful food offer.
ABOUT THE AGREEMENT
Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.
You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have a dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.
Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.
Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.
* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or an Operations Manager.
• Initial Deposit - £6,000
• Full Deposit - £6,250
• Rent - £481 PW
• Initial Ingoing’s* - £6,750
• Legal Fees - £750
• Fixtures and Fittings Weekly Rent - £106
• Maintech Fund Per Week - £40
• Working Capital - £2,000 - £4,000
• Annual Rent - £24,999
• Forecasted Annual Wet Turnover - £160,181
• Forecasted Annual Food Turnover - £135,018
• Forecasted Annual Sales Turnover - £2,931
• Weighted Average Discount Per Barrel - £75
• Agreement – 5 Year Tenancy
PLEASE FILL IN THE ENQUIRY FORM BELOW FOR MORE INFORMATION
Kingston St Mary, Taunton TA2 8HW, UK