The Fox and Hounds
Nursteed Road
Devizes
Wiltshire
SN10 3HJ
Rent £30,000 (Guide)
We are ideally looking for a pair of individuals to take on this tenancy, with at least one having catering experience and or qualifications. They must be enthusiastic to develop the business and have the ability to create an enticing offer.
This site has fantastic scope for development in its trade. With generous covers for its size, an equipped trade kitchen and function room. The pub is on the A342, one of the main roads entering Devizes from many well-known locations. Hundreds of houses sit closely with more currently being developed. We are looking to relaunch this beautiful pub after its internal refurb at the end of August.
The external area brings another opportunity for renovation, the large garden has two sections and a barn, although it has historically been used for storage it has potential to become an additional trade space or facilities for caravan holiday makers.
Ingoing Costs:
Fixtures and Fittings: TBC
Deposit: £8,000
Working Capital: £8,000
Stock: £8,000
On going costs:
Guide Rent: £30,000 pa
Current Rateable Value: £2,125
Maintenance service agreement (MSA): £3,248 pa
Business support package: £1,560 pa
You will enter into the bar area which contains 40 covers. To the rear of the building is the ladies and gents’ loos and the function room, this space can comfortably seat 50 but would accommodate more standing if it were to be used for functions. There is a good sized trade kitchen and further rooms for storage.
Outside you’ll find a large garden, currently in two sections, one with 2 electric hook ups for caravans. There is a barn and outside toilet located at the back of the garden. The pub also benifits from a large car park.
The accommodation consists of 2 bedrooms, a lounge, an office and a bathroom with over head shower.
For more advice on taking a pub tenancy and benchmarking costs of similar pubs, go to:
BBPA: www.beerandpub.com
ALMR: www.almr.org.uk
BII: www.bii.org
PEAT: www.bii.org/BII/Industry-Advice/PEAT.aspx
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