Run a Wells & Co. Pub - The Foresters Arms, Bedford

Key Highlights

Well positioned road side location just outside the town centre

Fantastic well presented outdoor area suitable for al fresco dining

Well equipped catering kitchen and ample external storage

One bar serving all areas of the business allowing operating costs to be easily managed

Payment plan for Fixture and Fittings offered to the successful business operator

Total Investment 20k - 30k

Pub Overview

The Foresters is presented as a quality neighbourhood premium community local pub, serving locally brewed cask ales and a modern contemporary food offering. Sat in the heart of a very desirable residential area of Bedford and just a short walk from the town centre, there is a fantastic opportunity for a passionate community operator to take full opportunity of a well run and established business. The pub benefits from seating for 38 covers and a very well presented 50 cover patio for al fresco dining, supported by a fully equipped modern trade kitchen and basement cellar. Whether guests are looking for a quiet morning coffee, a spot of lunch, a few drinks with friends or a place to celebrate a birthday, The Foresters Arms is a great place to visit offering something for everyone!

Location The Foresters Arms is located on the busy main road, Union Street, walking distance from the town centre and off the main A6 road into Bedford. This heavily populated area has seen large investment with new property builds and increasing house prices.

Property

The Foresters Arms is a detached two story property. The exterior is brick with a tiled roof, small private secured off road parking for the business owner and out buildings providing ample storage. The recently developed patio/garden space is very well equipped, with a modern feel and covered dining area. The pub is a one bar operation with 38 covers which are serviced by a very well equipped catering kitchen, and basement cellar. The private accommodation consists of 2 bedrooms, a lounge, kitchen and bathroom/toilet. All presented in fantastic condition.

Business Potential

Food is key to the business providing the local residents with a relaxed pub dining experience. There is great opportunity to build on the existing level of income by further promoting the current weekly schedule of activity to maximise footfall and covers. From previous experience, based on the style of operation and the location, the Fair Maintainable Turnover is estimated to be £410k net income with a wet food split of 77% wet and 23% dry. Please note that these are estimated figures which are for guidance purposes only.

Suitable Applicants

The Foresters Arms would suit an experienced, successful community focused operator with the drive to maintain the pub’s current high level of customer service and footfall. Strong commercial, marketing and financial skills are a must, along with the commitment to providing fantastic hospitality.