Run a Star Pub - Bulls Head Inn Bideford Bid - Alcester

Pub Overview

The area

The Bulls Head Inn is located in the town of Bideford Bid, close to the river Avon and only a short 15-minute drive from the Historical town of Stratford-Upon-Avon. The pub is surrounded by shops, food and retail outlets and mixed housing.

Demographics

The pub benefits from being one of 3 pubs found in an area of around 3500 adults. The majority customer base is made up of families, mature people, and tourists.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through food & drink offer and marketing strategy. What would you look to implement in the pub?

The site currently has the ability to drive trade via a small food offering, a selection of pub games, such as darts and pub game machines. It offers a selection of popular beers, ciders, wines and spirits, and a good bar menu.

We’re always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you :

• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with customers

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Features

Trading Area & Facilities

Private Accommodation

Private accommodation consists of bedrooms (number to be confirmed), a living room, kitchen, and bathroom.

Pub Financials

Estimated Total Ingoing Costs : £23,695

Estimated Minimum Ingoing Costs : £10,232

Annual Rent : £20,778

Estimated Annual Turnover : £299,484

Deposit : £5,195

Estimated Fixtures & Fittings Value : £10,000

Estimated Stock Valuation : £5,000

Estimated Working Capital : £3,500

The above figures are provided as a guide only and will be finalized as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fees, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalized at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build-up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum of £10,000 un-borrowed funds.

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