LOCATION
Located in the village of Caythorpe, the sites occupies a good sized plot with a stream running alongside a very attractive alfresco area. A car park for approx 40 cars with an attractive beer garden beyond sheltered in parts by mature trees. Current customer base comes from Caythorpe and beyond as the village is close to Nottingham, Newark and Grantham.
TRADE AREAS
Following the development the Old Volunteer has been split into three trading areas. These comprise of a lounge, 60 cover dining room/restaurant and a very attractive alfresco dining area. Toilets, new enlarged trade kitchen, ground floor cellar, prep room and storeroom. External: Garden, alfresco decked dining area, patio, car park (40 spaces) and outbuildings.
PRIVATE ACCOMMODATION
3 double bedrooms, lounge, dining room, kitchen, bathroom with separate toilet and office.
AGREEMENT DESCRIPTION
3 year rolling agreement free of tie on wines, minerals & spirits. No rent review and a capped RPI increase 4.75%. Service agreement to include repair and maintenance package.
COSTS
Approx ?58,000 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, rent in advance, security bond and working capital.
RENT
?36,000 per annum, ?692.31 per week fixed and subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.
ESTIMATING TURNOVER
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation, (if applicable). Barrelage figures are given to assist you with calculations.
VOLUME DISCOUNT
Volume Discount Scheme (VDS) ?100 per barrel over Beer Barrelage Target (BBT). Two weeks' trading terms
CURRENT PREMISES LICENCE OPENING HOURS
10.00 - 01.00
HOW TO APPLY
If you feel this pub is right for you, call us on 0845 6075330 or complete our online application form.
Register your interest in this pub
Complete an Application to run this pub
Find out more about our agreements
Get in touch with us
Source: http://www.greenekingpubs.co.uk/showpub.php?site=13944
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