The new Business Partners here will ideally be experienced operators with a vast knowledge of managing guest accommodation and food service, the ability to recognise and develop all income streams and manage a large site would be an advantage.
The Old Bell has previously traded in our Managed estate and commands a prime location on Market Place in Warminster. The site benefits from 15 En-suite letting rooms, private function room with bar and main bar / dining area. Externally an enclosed courtyard creates valuable outside trade space.
- Deposit £8,000
- Fixtures & Fittings TBC
- Stock (estimated to be) £8,000
- Working capital (minimum) £8,000
- Total (circa) £24,000
The ground floor comprises of two recently refurbished bar areas with fully fitted trade kitchen. The first floor has a large function room with separate bar, 10 En-suite letting rooms. The second floor has a further 5 En-suite letting rooms. The site benefits from a large secluded and partly covered courtyard with seating for circa 50. There is also a separate car park which is on a separate lease to Wadworth.
The accommodation is located on the first floor and comprises of two bedrooms, lounge, fitted kitchen, bathroom and WC.
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