Pub Overview

The Old Inn is located in the town of Malborough, close to Salcombe.

Old Inn is in the perfect location for attracting visitors to the area as it is only a short distance from many major tourist attractions such as South Milton Sands, Hope Cove, Soar Mill Cove to name a few. It is also near local caravan and camping sites making it an ideal place for locals and holiday makers to visit for breakfast, lunch or tea.

Demographics:

The pub benefits from being one of 2 pubs found in an area of around 566 adults. The majority customer base is made up of midlife and mature adults. Also, a magnet for holiday makers throughout the summer months.

The offer:

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a well thought through food & drinksoffer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via providing a strong food offer, 5 letting rooms. and entertainment. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits, and coffees.

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

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 high-volume food outlet 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

• Foundation Tenancy
  
• Catering Kitchen
  
• Car Park
  
• Outdoor Trade
  
• Private Accommodation
  
• Letting Rooms
  

Trading Area & Facilities

Trading areas and facilities:

• Main trading area with bar
• Two Separate dining areas
• 60 internal covers
• 15 external covers
• Medium size catering kitchen
• 5 letting rooms.
• Outside trading
• Car park with approx. 10 spaces

Private Accommodation

Private accommodation consists of 2 bedrooms, bathroom, a living room and kitchen

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£34,755

Estimated Minimum Ingoing Costs

£13,168

Annual Rent

£32,020

Estimated Annual Turnover

£418,412

Deposit

£8,005

Estimated Fixtures & Fittings Value

£16,250

Estimated Stock Valuation

£7,000

Estimated Working Capital

£3,500

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.

Downloads

• Demographics Report Download arrow
• Energy Performance Certificate Download arrow