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Thatched Cottage

Pubs & Bars • Shepton Mallet, Somerset Management opportunity
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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.

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