Gallery View
Key Highlights
• Prominent roadside location in the heart of Deanshanger northwest of Milton Keynes
• Great opportunity to impliment a traditional food offer to drive weekly sales income
• Fantastic local reputation and schedule of weekly activity in place
• Good sized garden, car park facilities and 3-bedroom private accommodation
• Payment plan may be negotiated for Fixtures and Fittings
• BII Membership
Pub Overview
The Beehive is renowed locally for its very friendly welcome, family friendly atmosphere and great selection of locally brewed beers. Private functions can be catered for and the pubs busy social calendar of events offers something to suit all interests. The pub functions as a social hub for team games, charity activity and occasional entertainment. This pub is a one bar operation with traditional decoration, great sized garden and car parking
Suitable Applicants
The Beehive would suit an experienced, community-focused operator with the drive to maintain the pub’s current high level of footfall via an extensive weekly activity programme. Strong commercial and financial skills must complement the commitment to providing fantastic hospitality. Catering know-how would also be advantageous.
Financial Overview
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings |
17,991 |
Security Deposit Payable in advance to Wells to cover charges incurred by your business. If your business is to operate as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors |
6,000 |
Training Course Fees Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people |
500 |
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement |
400 |
Working Capital Minimum working capital required |
6,000 |
Stock & Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock |
2,500 |
Valuers Fee In the region of( paid to valuer) for valuing fixtures and fittings.Minimum working capital required |
800 |
Advanced Rent In the region of (usually 1 month) - negotiable |
1,791 |
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment |
16,000 |
ANTICIPATED RETAINED INCOME
Drink Sales |
95% |
Food Sales |
5% |
Room Sales |
0% |
Ongoing Costs
Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) |
2,166 |
Accountancy Services fees for a nominated accountant |
2,600 |
Stocktaking Services Six professional stocktakes per annum |
1,600 |
Rent In the region of (payable monthly in advance) |
21,500 |
Pub Details
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team