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Millwright Arms Toftwood

Pubs & Bars • 67 Shipdham Road, Dereham, Norfolk NR19 1JW Management opportunity
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Summary

The Millwright Arms presents a fantastic opportunity for new potential publicans. It is new to the market and looking for someone with fresh ideas and enthusiasm.

Description

The pub consists of one large room and bar, with working fireplaces and traditional decor throughout. The site is equipped with a commercial kitchen and has the benefit of a large car park, which gives optionality when it comes to trading the business - community hub, food destination, and sports are all areas that can be maximised within this pub. Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • Large, singe room trade area. • Commercial kitchen • Large car park • Situated on the main road for attracting passing custom Business & Financial Information • Estimated ingoings (upfront): £5,795 • Full deposit: £5,000 • Agreement fee: £795 • Guide rent (weekly): £385 • Guide rent (annual): £20,000 • Forecast turnover (weekly): £313,164 • Forecast turnover (annual): £313,164 Ideal Operator The ideal operator for the Millwright Arms would be someone who is community-focused and is able to offer a warm welcome to all. The business has a potential to activate key sporting events, so having a keen interest in traditional pub games, as well as Sky and TNT Sports is also important. Finally, the site has a commercial kitchen and so has potantial for a value / mainstream food offer - the ideal applicant would have the ways and means to deliver this, and make the most of the large on-site car park. Private Accommodation Details to follow... Regional Manager's Thoughts The Millwright Arms presents an excellent opportunity for new publicans, with fresh ideas and out-of-the-box thinking. It has been a long time since this pub was looking for new operators so it is genuinely exciting to see what the future holds for this business. Surrounding Area Toftwood is a small village located in the county of Norfolk, England. It is situated approximately 2 miles south of the market town of Dereham and is home to a population of around 3,000 people. The village is surrounded by beautiful countryside and is a popular destination for walkers and cyclists. Toftwood has a rich history, with evidence of human habitation dating back to the Bronze Age. One of the most notable features of Toftwood is its village green, which is located in the heart of the village. The green is a popular spot for picnics and is surrounded by a number of historic buildings, including the village church and the old schoolhouse. Toftwood also has a number of shops and amenities, including a post office, a convenience store, and a pub. Despite its small size, Toftwood is a vibrant and active community. The village has a number of local groups and societies, including a gardening club, a history society, and a women's institute. There are also a number of events and activities held throughout the year, including a summer fete, a Christmas market, and a fireworks display. Overall, Toftwood is a charming and welcoming village that offers a peaceful and picturesque setting for residents and visitors alike.

Upfront cost

£5,795
Cost type: Upfront

Key facts

Upfront cost
£5,795
Turnover (annual)
£313,164
Rent
£20,000 (annual)

Location

67 Shipdham Road, Dereham, Norfolk NR19 1JW
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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