ID : 26875
Fantastic opportunity for the right people or group looking for a super cool pub venue in the new forest.
Newly Refurbished 11th Century Chocolate Box cottage Pub Restaurant.
New 15 Year Lease.
Freehouse
135 seats inside
3 outside areas.
Separate 2 bedroom cottage accommodation which could be used for staff accommodation or for guests looking to stay in a new forest pub.
The situation is that my team took over 7 months ago and rescued this business. We have worked tirelessly to fix and repair and build a team and a kitchen which is delivering possibly the best food in the area.
The premises is leashold with a brewery freeholder. However after constructive negotiations we have agreed very favourable terms.
Rent has been reduced from £96k down to £70k.
A new lease of 15 years is available
Removal or the brewery tie to a freehouse.
Turnover currently at this minute at £500k but heading for £15-20k per week.
I need to get out and am happy to negotiate a deal but am looking for offers in the region of £250k but open to sensible offers from a party that is in position to proceed and move quickly.
I will consider a part exchange deal