Taverns for sale in Bath

View the "Pub Tenancy Available - Wheatsheaf - Bath" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Pub Tenancy Available - Wheatsheaf - Bath

Bath, England

  • Price: Price on application
  • Annual Turnover: £106,823
Seller Reference: PT17
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: PT17
Request Details
Business Description
COULD YOU RUN THIS PUB IN CORSTON?

Based in a prominent position on a busy road in the countryside just west of Bath, the Wheatsheaf is a picturesque destination mainstream pub that’s in great condition. Cask Marque accredited, this pub benefits from plenty of passing traffic and a large car park.

BUSINESS FACILITIES

The Wheatsheaf trades across two separate areas: a main bar and lounge area and dedicated restaurant space, which also includes a snug. The pub’s large trade kitchen benefits from good storage facilities and can cater for up to 60 covers at full capacity. The Wheatsheaf is Cask Marque accredited and free WiFi is provided throughout. Outside, there’s a small beer garden to the front of the pub, a smoking solution and a large car park with space for up to 20 vehicles.

ACCOMMODATION

The domestic accommodation consists of three bedrooms. Punch will ensure that the accommodation is in good condition.

ABOUT THE LOCAL AREA

The pub sits in a prominent position on the busy A39 main road, close to the small village of Corston and just over a mile from Bath Spa University. The spa city of Bath lies about 4 miles to the east, and the pub also enjoys easy access to Bristol and The Mendip Hills.

THIS PUB MAY SUIT

We’re looking for a food-driven operator with experience in a similar food-led business. You’ll need good marketing and promotion skills, and attention to detail and quality are a must.

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.

FINANCIAL INFORMATION

• Full Deposit* - £6,000
• Rent - £115 PW
• Initial Ingoing’s* - £6,750
• Legal Fees - £750
• Maintenance Fund Per Week - £40
• Fixtures and Fittings Weekly Rent - £38
• Working Capital – £2,000 - £4,000

BUSINESS INFORMATION

• Annual Rent - £5,998
• Forecasted Annual Wet Turnover - £106,823
• Forecasted Annual Food Turnover - £77,821
• Forecasted Annual Other Turnover - £2,381
• Weighted Average Discount Per Barrel - £181
• Agreement – 5 Year Tenancy

PLEASE FILL IN THE ENQUIRY FORM BEOW FOR MORE INFORMATION
Location Details:
Wheatsheaf Wells Road, Corston, Bath BA2 9HB
Listed by:
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Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

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