Gallery View
Key Highlights
• Grade II listed 17th Century Coaching Inn, overlooking the Market Square
• Newly refurbished kitchen, bar area and restaurant and letting rooms
• Exposed beams and open fires
• Private walled garden with seating
• Six ensuite letting rooms and separate function room
Pub Overview
In the heart of Deddington the Unicorn offers a beautiful building with a cosy bar and restaurant, all newly refurbished, with open fires and tradional décor, there is a lovely enclosed garden for the sunny days and a outside seating area ideal for people watching with the dog looking onto the Market place. In the evenings customers can stay in one of the six ensuite guest rooms and enjoy delicious food, great beer and a warm welcome.
Suitable Applicants
This opportunity would suit a couple or an experienced operator who has experience running a quality food and accommodation led business , who have a passion for providing great hospitality and service.
Wells & Co will only grant a tenancy to a limited company. All Directors of the limited company will be required to provide a personal guarantee
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 |
£28,000 |
|
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 |
£10,000 |
|
Training Course Fees Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people |
£0 |
|
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement |
£450 |
|
Working Capital Minimum working capital required |
£10,000 |
|
Stock & Glassware In the region of to cover the value of opening stock |
£4,000 |
|
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) |
£2,458 |
|
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment |
£23,000 |
ANTICIPATED RETAINED INCOME
|
Drink Sales |
|
|
Food Sales |
Ongoing Costs
|
Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) |
£3,400 |
|
Accountancy Services Fees for a nominated accountant based on a £7-£15k turnover per week - £264.50 per month |
£3,445 |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£1,471 |
|
Rent In the region of (payable monthly in advance) |
£29,500 |
Pub Details
Could this be the pub for you?
Please ring 01234-244453 to speak with our recruitment team
