Run A Hall & Woodhouse Pub (Tenancy) - The Swan Inn Sturminster Newton
- Employer
- Hall & Woodhouse Business Partnerships
- Location
- DT10 1AR
- Salary
- Run your own business
- Closing date
- 25 Nov 2024
View more categoriesView less categories
- Job Type
- Leased & Tenancy, Run a Pub, Pub Manager
- Sector
- Pubs and Bars
- Contract Type
- Full Time
Job Details
This Business Partnership opportunity is available immediately!
With its prominent central location, the Swan Inn is perfectly placed to capitalise on a good cross section of visitors to Sturminster Newton, an attractive rural market town in North Dorset.
Local market traders operate outside the pub every Monday and there are regular bus services into and out of the town. The licensed trading competition in the town is mainly limited to the White Hart pub (opposite), the Exchange (community and venue site) and the Football Club.
Every September, a hugely popular Cheese Festival is held in the town and there is a well attended carnival every October. This is a good sized pub with guest accommodation that has great business potential for the right operator.
This is a great opportunity. Could this be the pub for you?
The Swan has a prominent and attractive exterior and a spacious L-shaped interior layout, with well defined trading areas. There is a good sized bar area at the front of the pub and an extensive dining area to the rear, which leads out to the lovely landscaped garden.
The comfortable guest rooms are accessed from a central staircase. They are in good decorative order with historic references to the days when Sturminster Newton held the biggest agricultural market in the South of England.
This is a striking, historic building with great character and the added benefit of guest accommodation.
Key Pub Features
- Great level of accommodation trade
- Beautiful feature building in the market square
- Picturesque hidden landscaped garden
- Several distinct and spacious trading areas
- Rent – 9.5% net turnover with base rent of £35k per annum
The Swan comes with private 3 bedroomed accommodation in excellent condition with the benefit of two private parking spaces to the rear
Top Line Figures
- Rent: 9.5% of Net Turnover, with a Base of £35,000
- Initial Investment: £30,000
- Fair Maintainable Trade* (FMT) Turnover: £500,000 per annum
Full Investment Breakdown
- Deposit: £7,500
- Training Fee: £1,200 incl. VAT
- Change of DPS Fee: £300 incl. VAT
- Digital Assets Fee: £200 incl. VAT
- Working Capital: £10,000
- Fixtures & Fittings: TBC (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).
Additional Information
- Estimated Wet/Dry/Accommodation Split: 55%/25%/20%
- Business Rates: TBC
- Available From: Immediately
For more details and to submit your interest, please click on Apply.
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