LEASED PARTNERS OPPORTUNITY - The Duke of Portland

Lease


Fully tied


Barrelage Discount
GBP50

Fair Maintainable Turnover*
GBP530,327 p.a.

Ingoing Costs****


Working Capital
GBP15,000

Training Fee
GBP550 + VAT

Security Deposit
GBP15,000

Stock and Glassware
GBP5,000

Legal fees
GBP850 + VAT

Initial Contractual Costs **


Rent
GBP60,000 p.a.

Service charge
GBP1,350 p.a.

Decorating fund
GBP3,000 p.a.

Insurance
GBP822 p.a.



Once you've agreed the purchase terms for the fixtures and fittings you will not be charged for any additional ingoing costs by Marston's, other than those detailed above.
*Figure taken from Marston's rent assessment
**The ongoing contractual costs will vary in accordance with the terms of the specific agreement.

****You will also need to obtain independent advice from a qualified accountant, a RICS qualified surveyor and a qualified solicitor at your own cost