The Bakers Arms, Alton - 5 Year Tenancy
Could you run this Pub Tenancy in Alton?
The Bakers Arms is one of the oldest pubs in Alton and is perfectly located on the high street. The pub has a traditional feel and has recently been invested in which has created an open space in which customers can enjoy all this historic pub has to offer. The pub is predominantly wet led with a fantastic range of drinks from lager, craft and cask ales to premium gins. It is well-loved by locals for hosting all key sporting events through Sky Sports, whilst also providing weekend entertainment from charity quiz nights to live music. As well as this the Bakers Arms is home to two local pool teams and a Darts team.
The Bakers Arms has an open plan feel with a long bar and a mixture of loose and booth seating. The main bar leads to the games area with a pool table and darts board. As well as this the pub boasts an outdoor seating area to the front of the pub with picnic benches, allowing guests to enjoy a cold pint in the sun.
About the Tenancy Pub in Alton local area
Alton is a thriving market town in Hampshire that is full of charm and character. It is an ideal base for those wanting to experience a mixture of countryside views, historic attractions and modern shops and places to eat and drink. Now famous for being home to Alton Towers theme park, this quaint town has a real sense of community and is always full of smiling faces on Tuesday Market Day. Alton is close by to the village of Chawton, home to Jane Austen, that also boasts some beautiful walking trails, and the sleepy Selbourne, which is full of hidden gems. The Bakers Arms is ideally located on the high street at the centre of the town, allowing it to easily welcome both locals and visitors to the area.
Ideal operator for the Pub Tenancy in Alton
This is the perfect pub opportunity for a passionate individual to take on their first pub venture or a Publican with experience in running a wet led pub. You will thrive when operating at the heart of the community and be keen to form long lasting local relationships by maintaining the pubs reputation for quality drinks and for being the place to be to enjoy an evening of fun.
Accommodation at the Pub Tenancy in Alton
This fantastic pub opportunity comes with domestic accommodation that consists of one bedroom, a private kitchen and lounge.
About the Pub Tenancy in Alton Agreement
Our 5 Year Tenancy agreements offers 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 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 Operations Manager
Initial Deposit* £6,000
Full Deposit £6,000
Legal Fees £750
Maintenance Fund Per Week £40
Fixtures and Fittings Weekly Rent £125
Working Capital £2,000 - £4,000
- Additional info: Bakers Photos (90kb) (the link will open in a new window)