Thatched Cottage
Summary
The Thatched Cottage, is a delightful detached thatched property set on the outskirts of the market town of Shepton Mallet. The pub trades as both a destination food site whilst also benefitting from local and events trade utilising the function room.
Description
The venue benefits from 8 impressive ensuite letting rooms on the first floor and a large car park.
The successful new operator should be experienced (ideally a couple) and offer skills covering both front and back of house. They will need to continue to deliver a great food offer whilst growing the function and letting rooms side of the business, offering a family friendly feel and welcoming atmosphere. There are also further opportunities to increase summer trade by improving the external trade areas.
Key facts
• Annual rent: £50,000
• Upfront cost: £16,000
• Forecasted operator turnover: £471,859
• Forecasted operator profit (inc machine): £49,361
• Type of tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List
• Machine product agreement: Unrestricted (100% to licensee)
Entry costs
Entry cost is approximately £16000 which includes estimated stock, deposit and working capital. Fixtures and Fitting will be rented with weekly payments made. Any additional costs will be confirmed in your schedule 1 information.
Trading space
The pub consists of a large bar area and separate restaurant linked to the function room at the rear of the pub. The venue also benefits from 8 impressive ensuite letting rooms on the first floor and a large car park. There are also two external trading areas.
Private accommodation
The accommodation comprises 2 bedrooms, lounge, kitchen, dining room, bathroom and toilet.
Upfront cost
£16,000
Cost type:
Upfront
Key facts
Upfront cost
£16,000
Turnover (annual)
£471,859
Rent
£50,000 (annual)
Location
Shepton Mallet, Somerset
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
Message the seller. We’ll forward your details so they can reply directly.