Pub Overview
The Britannia Inn is located in the town of Tewkesbury, close to the Cotswolds tourist trail. The pub is surrounded by shops, food and retail outlets, and mixed housing.
Tourists are drawn to Tewkesbury for its medieval black and white townscape and 12th century Abbey.
Demographics
The pub benefits from being on the High Street and one of 13 pubs found in an area of around 2822 adults. There is a mixed customer base made up of midlife adults both with families and carefree, and mature households.
The Offer
Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through food & drink offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade by offering a great selection of popular beers, ciders, wines, and spirits, a simple food offer, coffee, and by maximizing the outside space to the rear of the pub overlooking the River Avon.
We’re always open to new ideas. What would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you: Understanding of the local community You know what it takes to build a successful business Ability to drive your trade You love hospitality and are great with customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...
Features
Foundation Tenancy Outdoor Trade Private Accommodation Pub Games Catering Kitchen
Trading Area & Facilities
Main trading area with bar with original features Approx 30 internal covers Approx 20 external covers Small Trade Kitchen Outdoor Patio area to the rear of the pub
Private Accommodation
The private accommodation consists of 3 bedrooms over two floors with a bathroom, kitchen, and lounge area.
Pub Financials
Estimated Total Ingoing Costs: £13,800
Estimated Minimum Ingoing Costs: £8,933
Annual Rent: £17,198
Estimated Annual Turnover: £245,134
Deposit: £4,300
Estimated Fixtures & Fittings Value: £2,000
Estimated Stock Valuation: £4,000
Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalized as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalized at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build-up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements, deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum of £10,000 un-borrowed funds.
Downloads
Demographics Report Download
#J-18808-Ljbffr
The Britannia Inn is located in the town of Tewkesbury, close to the Cotswolds tourist trail. The pub is surrounded by shops, food and retail outlets, and mixed housing.
Tourists are drawn to Tewkesbury for its medieval black and white townscape and 12th century Abbey.
Demographics
The pub benefits from being on the High Street and one of 13 pubs found in an area of around 2822 adults. There is a mixed customer base made up of midlife adults both with families and carefree, and mature households.
The Offer
Available on our foundation tenancy agreement. The potential of this pub lies in developing a well thought through food & drink offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade by offering a great selection of popular beers, ciders, wines, and spirits, a simple food offer, coffee, and by maximizing the outside space to the rear of the pub overlooking the River Avon.
We’re always open to new ideas. What would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you: Understanding of the local community You know what it takes to build a successful business Ability to drive your trade You love hospitality and are great with customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...
Features
Foundation Tenancy Outdoor Trade Private Accommodation Pub Games Catering Kitchen
Trading Area & Facilities
Main trading area with bar with original features Approx 30 internal covers Approx 20 external covers Small Trade Kitchen Outdoor Patio area to the rear of the pub
Private Accommodation
The private accommodation consists of 3 bedrooms over two floors with a bathroom, kitchen, and lounge area.
Pub Financials
Estimated Total Ingoing Costs: £13,800
Estimated Minimum Ingoing Costs: £8,933
Annual Rent: £17,198
Estimated Annual Turnover: £245,134
Deposit: £4,300
Estimated Fixtures & Fittings Value: £2,000
Estimated Stock Valuation: £4,000
Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalized as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalized at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build-up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements, deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum of £10,000 un-borrowed funds.
Downloads
Demographics Report Download
#J-18808-Ljbffr
