The new Business Partners here will ideally have experience in the hospitality industry with a good knowledge of managing a busy town centre site. This is a great opportunity for an operator looking to move to the next level with a site that has huge potential. A good level of catering would be an advantage.
The Crown is a very popular venue situated next to our Iconic Brewery in Devizes. It has benefitted in recent years from extensive investment of the internal trade area and the fabulous patio – courtyard which has seating for 100 with a bar and kitchen, giving excellent potential to increase business through El-fresco drinking and dining. An ideal opportunity to capitalize on an already solid business.
The business split is generally 60% Wet and 40% Food.
- Deposit £8,000
- Fixtures & Fittings £25,000 circa (note, this can be rented at 10%)
- Stock (estimated to be) £6,000
- Working capital (minimum) £5,000
- Total (circa) without fixtures and fittings £19,000
The Crown offers 5 separate trading areas, the main bar area (26), lounge (18), main dining room (42), conservatory (16) and the skittle alley / function room (65) which is located on the first floor. Fully equipped trade kitchen with separate wash up and a further prep and fridge / freezer room.
The Crown has benefitted recently from substantial investment to the external courtyard area which includes a full patio with seating for 100 some of which is undercover. This is serviced by an outside trade kitchen and bar, beautifully located in the old garage’s
The private accommodation is accessed through the pub and comprises of a Lounge, 3 double Bedrooms (1 with an En-suite), shower room and kitchen.
For more advice on taking a pub tenancy and benchmarking costs of similar pubs, go to:
Code of Practice Tenants: www.thepubgoverningbody.co.uk/wp-content/uploads/2016/08/Code-of-Practice-Tenants.pdf
Code of Practice Lessees: www.thepubgoverningbody.co.uk/wp-content/uploads/2016/08/Code-of-Practice-Lessees.pdf