- Recruiter
- Star Pubs & Bars Leased & Tenancy
- Location
- High Street, Princes Risborough, HP27 0AX
- Salary
- To be discussed
- Ref
- 757601119
- Starts
- Closes
Pub Overview
Vibrant high street pub
In the heart of Princes Risborough, the George & Dragon is a prominent pub in the centre of the high street and is a favourite with the locals. The pub also benefits from passing trade on foot and a well-placed bus stop.
The George & Dragon has a steady loyal trade across wet and dry with the potential to grow. The catering kitchen is yet another feather in this great pubs cap, enabling the operator to produce a hearty meal for locals and travellers alike.
If you've benefited from running or owning a pub business, we'd love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their 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
Internally, the pub is a single bar operation with a separate lounge area which has the Kitchen next door. The pub has a great feel and has been looked after by the current operators.
Externally the site is on the high street and stands out form the crowd with its hanging baskets. There is a walkway to the side of the pub which leads to an outside drinking area and large car park to the rear of the pub.
Private Accommodation
Private accommodation consists of 2 bedrooms 1 with en-suite, lounge, kitchen, bathroom and office. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.
Pub Financials
Annual Rent £
18,194
Estimated Annual Turnover £
286,040
Deposit £
4,549
Estimated Fixtures & Fittings Value £
15,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
28,049
Estimated Minimum Ingoing Costs £
10,016
The above figures are provided as a guide only and will be finalised 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 fee, 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 finalised 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 £10,000 un-borrowed funds.
Vibrant high street pub
In the heart of Princes Risborough, the George & Dragon is a prominent pub in the centre of the high street and is a favourite with the locals. The pub also benefits from passing trade on foot and a well-placed bus stop.
The George & Dragon has a steady loyal trade across wet and dry with the potential to grow. The catering kitchen is yet another feather in this great pubs cap, enabling the operator to produce a hearty meal for locals and travellers alike.
If you've benefited from running or owning a pub business, we'd love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their 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
- Catering Kitchen
- Foundation Tenancy
- Letting Rooms
- Car Park
- Cask Ale
- Outdoor Trade
- Private Accommodation
- Monthly Billing
- Weekly Billing
Trading Area & Facilities
Internally, the pub is a single bar operation with a separate lounge area which has the Kitchen next door. The pub has a great feel and has been looked after by the current operators.
Externally the site is on the high street and stands out form the crowd with its hanging baskets. There is a walkway to the side of the pub which leads to an outside drinking area and large car park to the rear of the pub.
Private Accommodation
Private accommodation consists of 2 bedrooms 1 with en-suite, lounge, kitchen, bathroom and office. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.
Pub Financials
Annual Rent £
18,194
Estimated Annual Turnover £
286,040
Deposit £
4,549
Estimated Fixtures & Fittings Value £
15,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
28,049
Estimated Minimum Ingoing Costs £
10,016
The above figures are provided as a guide only and will be finalised 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 fee, 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 finalised 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 £10,000 un-borrowed funds.
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