The Watts Arms – Hanslope

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Pub Details

Castlethorpe Road, Hanslope, Milton Keynes, MK19 7LG

Community Local

£15,480

£29,000

About the Pub

This is a popular village pub with a good local reputation for it’s real ales and simple traditional food, which is served throughout the week at lunchtime and evenings. The offer is enhanced in the summer with an especially large and attractive garden which attracts families from outlying areas. Pool and darts are a popular feature while live sports and regular music events provide the activity.

Key Highlights

Great starter site with 3-bed accomm and payment plan option for fixtures and fittings
Flexible financial package to support you take on this pub – please ask!
Vibrant village pub with loyal and regular trade
Large & attractive pub garden
Close to both Central Milton Keynes, Northampton & Newport Pagnell

Financial Overview

Security Deposit
Payable in advance to Wells to cover charges incurred by your business – trading as a Ltd Co

£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

£480
Working Capital
Minimum working capital required

£5,000
Stock & Glassware
In the region of to cover the value of opening stock

£5,000
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings

Free
Advanced Rent
In the region of (usually 1 month)

£0

Anticipated Retained Income

Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment

TBA
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings

£15,480

Ongoing Costs

Service Charge
Payable monthly, to include: Cellar cooling service, Extract clean, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). Electrical Test (tenancies only)

£4,480
Accountancy Services
Fees for a nominated accountant (in the region of)

£3,146
Stocktaking Services
Six professional stocktakes per annum recommended

£1,472
Rent
In the region of (payable monthly in advance) – Negotiable

£25,000

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