Fullers Tenancy

Pub Tenancy Opportunity - Redhill

Location
Redhill, Surrey
Salary
Competitive
Posted
25 Jun 2019
Closes
04 Jul 2019
Job Type
Full Time
The Bell

Top line figures Rent: Turnover Linked Ingoing Costs: Approx. £19,000 + 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 40 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 50/50 between the tenant and Fuller’s. A Security Deposit of £8,000 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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