The Foresters – Bedford

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Business Brochure Demographics Report EPC Certificate Site Map / Floor Plan

Pub Details

41 Union St, Bedford, Bedfordshire, MK40 2SF

Community Local

Ingoing Costs: £14,750

About the Pub

The Foresters is presented as a quality neighbourhood premium community local pub, serving locally brewed cask ales and a modern contemporary food offering. Sat in the heart of a very desirable residential area of Bedford and just a short walk from the town centre, there is a fantastic opportunity for a passionate community operator to take full opportunity of a well run and established business. The pub benefits from seating for 38 covers and a very well presented 50 cover patio for al fresco dining, supported by a fully equipped modern trade kitchen and basement cellar. Whether guests are looking for a quiet morning coffee, a spot of lunch, a few drinks with friends or a place to celebrate a birthday, The Foresters Arms is a great place to visit offering something for everyone!

Key Highlights

Wells to complete internal decoration for the successful business operator
Well positioned road side location just outside the town centre
Fantastic well presented outdoor area suitable for al fresco dining
Well equipped catering kitchen and ample external storage
Rent 50% discount Yr1 and includes Private Accommodation – amazing!!!
Payment plan for Fixture and Fittings offered to the successful business operator

Suitable Applicants

The Foresters needs a big personality with a hands-on approach to take over this massive opportunity, must have a passion for craft beer and the ability to make this pub a real hub of the community. Marketing and social media skills a must sit high on your agenda, the real question is why should we come to your pub? Can you convince us? There’s a very attractive deal for the right business operator.

Financial Overview

Security Deposit
Payable in advance to Wells to cover charges incurred by your business. If your business is to operate as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors
£5,000
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement
£0
Working Capital
Minimum working capital required
£5,000
Stock & Glassware
In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock
£3,500
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings.
£0
Advanced Rent
In the region of (usually 1 month) – negotiable
£1,250
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment
TBC
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings
£14,750

Anticipated Retained Income

Food / Drink Split
30% / 70%

Ongoing Costs

Rent
In the region of (payable monthly in advance)
£293 p/w
Service Charge
Include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)
£71 p/w
Accountancy Services
Fees for a nominated accountant
£82 p/w
Stocktaking Services
Six professional stocktakes per annum
£18.50 p/w

It all starts with a vision.
We'll help you make it a reality.

From the minute you click apply, our team are there to give you all the right guidance and support, even long after you get the keys to your pub.

If you’re passionate, willing to learn and have a strong desire to serve your community, you’re definitely in the right place.

Click ‘Get Started’ to get the ball rolling.

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