The Chandos Arm – UNDER OFFER
Pub Details
1 Main Street, Western Turville, Aylesbury, Hp22 5RR
Destination, Community Wet
Ingoing Costs : £27,000
About the Pub
The current licensees have been in the pub for many years and transformed it from a struggling community local, to an award winning community food led outlet. The pub is trading strong at an estimate £9,080 per week on a 66/34 wet/food split. The three main trade areas are the front bar with 10 covers, side bar with 24 covers and restaurant with 24 covers. Externally there is a popular beer garden and patio to the front of the property providing 40 covers and a smoking shelter.
The site benefits from a good sized kitchen with commercial grade stainless steel equipment, basement cellar and external storage facilities.
This is a three bedroom property with lounge, bathroom and shower room for private accommodation.
Key Highlights
Located in affluent suburb area of Aylesbury with a strong local following
Prominent roadside presence with private car park
Three distinct trade areas with a large garden and patio area playing host to 40+ covers
3-Bedroom private accommodation all in good order
Payment plan available for the Fixtures and Fittings
Suitable Applicants
This would ideally suit a couple with experience operating a wet led business with a small quality food offering. You must be able to showcase your passion in providing great hospitality to engage with the local community and display marketing and financial skills to operate a successful business.
Financial Overview
Security Deposit
Payable in advance to Wells to cover charges incurred by your business – trading as a Ltd Co£10,000
Working Capital
Minimum working capital required£10,000
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings£800
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)TBC
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement£430
Stock & Glassware
In the region of to cover the value of opening stock£3,000
Advanced Rent
In the region of (2 weeks)£2,666
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings£27,396
Anticipated Retained Income
Ongoing Costs
Service Charge
Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only), NICEIC Electrical Test (tenancies only) and Premises Licence renewal fee£5,800 p/a
Stocktaking Services
Six professional stocktakes per annum recommended£1,472 p/a
Dilapidations service charge
Funds will be collected through the whole agreement and will be drawn down to fund tenant works/decorations£80 p/m
Accountancy Services
Fees for a nominated accountant (in the region of)£4,900 p/a
Rent
In the region of (payable weekly in advance)£32,000 p/a
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.
We'll give you the support
you need to succeed.
Choose from the following support options below. Or, if you need to contact us directly, click here.
Monday Drop In
Want to learn more about what it takes to thrive as a Wells & Co. pub partner? Our RDMs are at Brewpoint every Monday, and they’re ready to chat!
1 to 1 with an RDM
Curious about running your own pub? Our Retail Development Managers are here to help. Whether you’d prefer to call, email, or meet in person, they’re ready to chat.
Support & Training
All the support, development you need, provided by best in class providers. We’ll help you get all the licenses & training you need to succeed.
Your dream pub could be waiting for you...
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