Wellington Hotel

Important Information

• Business information

  Annual rent£22,250

  Additional informationThe annual rent shown £22,250 takes into consideration a machines supply concession. The annual rent will be £27,250 if you prefer not to have Greene King supply machines to you.

  Weekly rent£428

  Entry costs£34,000

  Turnover royalty4%

  Forecasted operator turnover£602,138

  Forecasted Operator Profit (inc machine profit)£62,755

  Forecasted operator machine profit£5,000

  Average Beer & Cider Discount*Turnover Agreement Discount

  Type of TieFull tie: Access to Discounted Wines, Spirits & Minerals Price List

  AgreementOur 5 year Turnover Tenancy Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net sales.

  Machine Product AgreementRestricted (50/50 share)

• Entry costs

  Entry cost is approximately £34,000 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.

  Deposit£6,000

  Additional InformationN/A

  Estimated Fixtures & Fittings Value£10,000

  Estimated Stock Value£9,000

  Estimated Working Capital£9,000

  Estimated Entry Cost£34,000

• Turnover

  You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only.

  Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
  2025	182	3,249	7,787
  2024	165	3,106	7,807
  2023	137	3,280	6,977

• Trading space

  As you enter the property it opens into a welcoming bar area on one side, with a dedicated dining space on the other, which provides access to the kitchen located just beyond. Externally, the pub benefits from a spacious car park accommodating approximately 40 vehicles, along with outdoor seating areas positioned at both the front and rear of the property. Additionally, there is a secondary, more secluded beer garden situated beyond the entrance to the pub car park.

• Private accommodation

  The accommodation comprises of 4 Bedrooms, Lounge, Kitchen, Bathroom, Office and Bedsit