Gallery View
Key Highlights
- Prominent high street location in the heart of Newport Pagnell, Buckinghamshire
- Two bar operation catering for dining and various pub activities
- Superb rear patio and front pavement license
- Very well equipped commercial catering kitchen
- Very strong local reputation for customer service and quality beers
Pub Overview
The Dolphin provides everything you would want from a traditional town centre community pub. It is well known for its range of traditional real ales and established pub food offering. It offers a very warm welcome for regulars and new customers alike. The pub benefits from a two bar operation, one focused on activities and sports TVs, whilst the other one offers a more relaxed pub experience with great food. In addition to this the business benefits from an external front drinking area which is very well presented, and a fabulous rear courtyard area.
Suitable Applicants
Ideally, applicants will be committed to providing great hospitality, have a proven track record of success in a high street pub environment and be able to engage with the local community to drive sales through a range of activities. Experience of retail catering will be a distinct advantage, along with marketing skills to grow the existing successful operation.
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 |
£24,200 |
|
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 |
£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 |
£8,000 |
|
Stock & Glassware In the region of to cover the value of opening stock |
£4,500 |
|
Valuers Fee In the region of (paid to valuer) for valuing fixtures and fittings. |
£800 |
|
Advanced Rent In the region of (usually 1 month) - negotiable |
£3,000 |
|
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment |
£30,000 |
ANTICIPATED RETAINED INCOME
|
Drink Sales |
|
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Food Sales |
|
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Total Sales |
Ongoing Costs
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Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) |
£281 p/m |
|
Accountancy Services Fees for a nominated accountant (in the region of) |
£325 p/m |
|
Stocktaking Services Six professional stocktakes per annum recommended |
£80 p/m |
|
Rent In the region of (payable monthly in advance) |
£36,000 |
Pub Details
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team
