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The Miller Cheltenham

Pubs & Bars • 12-14 Bath Road, Cheltenham, Gloucestershire GL53 7HA Management opportunity
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Summary

New Deal - Year 1 Rent £10k…

Description

New Deal - Year 1 Rent £10k The Miller is a modern high-street pub located in the heart of Cheltenham. Made up of a large open-plan trading space, the pub has the space to offer something for everyone. Seating options accommodate different group sizes and preferences, spread across large sociable tables popular with students and large groups, and the more comfortable seating, catering to families and smaller groups, provides a welcoming and inclusive environment. Sports fans are well catered to with large screens throughout the pub. This ensures that everyone can enjoy their favourite sporting events throughout the day. There are two pool tables to the rear and a rooftop terrace/smokers area. This pub is a true gem and an offer that doesn’t come around very often. The pub is well established with strong trade both during the week and during the late-night trade over weekends. This is a real opportunity for a strong operator to take on a thriving business. 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 • Prime high street location • Sky and TNT sport across multiple screens. • Live music and mid-week entertainment. • Well-equipped kitchen to deliver a great food offer and an established dark kitchen. Business & Financial Information • Estimated ingoings (upfront): £7,795 • Full deposit: £7,000 • Agreement fee: £795 • Guide rent (weekly): £538 • Guide rent (annual): £28,000 • Forecast turnover (weekly): £654,792 • Forecast turnover (annual): £654,792 Ideal Operator Are you a vibrant operator who can give the Miller pub in the heart of Cheltenham the edge it is looking for? Do you have a traditional British pub or Highstreet experience, delivering a diverse food menu? Energising a team to be welcoming and assist you in creating an unmissable ambience will be a key asset that will aid your success at the Millers.    Private Accommodation Due to the prime location of this pub there is no onsite accommodation.  Regional Manager's Thoughts Have you got the edge and drive to put your creative stamp on this established opportunity, in the bustling part of Cheltenham? Or have you got a new or established concept that you’re looking to expand to this vibrant venue in Gloucestershire?  The central location of The Miller means that it is surrounded by the vibrant atmosphere of Cheltenham. Making this opportunity very exciting for someone to inject their flair and take this magnificent site to the next level. Surrounding Area The Miller pub is located in the charming town of Cheltenham, which is situated in Gloucestershire, England. Cheltenham is known for its beautiful Regency architecture, vibrant cultural scene, and picturesque surroundings. The Miller pub is ideally situated in a central location, making it easily accessible for both locals and visitors. Located near popular landmarks, shopping areas, or other points of interest in Cheltenham. Cheltenham itself offers a range of attractions and activities to explore. From its stunning parks and gardens to its renowned festivals, including the Cheltenham Literature Festival and the Cheltenham Jazz Festival, there is always something happening in this vibrant town. Whether guests are looking to enjoy a meal, have a drink, or soak up the local atmosphere, the location of the Miller pub in Cheltenham offers prime access to all that the town has to offer.

Upfront cost

£7,795
Cost type: Upfront

Key facts

Upfront cost
£7,795
Turnover (annual)
£654,792
Rent
£28,000 (annual)

Location

12-14 Bath Road, Cheltenham, Gloucestershire GL53 7HA
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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