Pub Tenancy Opportunity

Recruiter
Fullers Tenancy
Location
Redhill
Salary
Competitive
Posted
09 Aug 2019
Closes
16 Aug 2019
Contract Type
Permanent
Hours
Full Time
The Bell Top line figures
Rent: Turnover Linked
Ingoing Costs: Approx. GBP19, + F&F *Inventory loans up to 75% are available*Energy Certificate
Key Selling Points
• Lovely countryside pub with lots of traditional features
• Opportunity to grow food sales
• Private function room for events
• Large car park and plenty of staff accommodation
• Would suit experienced operator

Overview
A fantastic opportunity to take on a destination food pub in a lovely countryside location. The Bell is a proper rural English pub in Outwood Lane, surrounded by National Trust walks and stunning landscapes. It has a wonderful traditional atmosphere and a great menu of fresh seasonal food and quality drinks. It is the perfect spot for a family get-together.
Private Accommodation
1 Bedroom, Lounge and Bathroom.
Staff Accommodation
Separate staff accommodation consisting of 8 Bedrooms, most of which either have an en-suite or shower.
Outside
Garden and patio area at the back with seating for approximately 84. Two tables to the front.
Large Car Park with space for about 4 cars
Storage space
Fuller's Tenancy
The property is to be let on a new six year turnover linked rent agreement and is Landlord and Tenant Act protected. Minimum Guaranteed Rent figure to be confirmed, subject to a three-year review pattern and annual increases in line with the Retail Price Index, which we have capped at 3% There is a full tie on all wet products. Machine income is shared 5/5 between the tenant and Fuller's. A Security Deposit of GBP8, is required and is included in the capital required figure. The tenancy has no minimum purchase requirement and no volume penalty. Further details will be discussed at interview.
Applicant Procedure
Applicants are required to complete and return a Fuller's Application Form. A business plan, cash flow forecast and evidence of funding will be required at interview.

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