The Falcon, Bletsoe
Pub Details
Rushden Road, Bedford, Bedfordshire, MK44 1QN
Destination Food
Ingoing Costs: £30,000
Pub Rent: £49,500
About the Pub
The internal trade areas of this business comprise of three dining areas, having a total of eighty covers, one bar operation and a new decking area with thirty covers. The garden is large enough for a possible further one hundred covers. Key features include a real open fire place and low wooden beams, full of charm and character. This layout is ideal for both private dining and functions. Externally the business offers the potential for wedding events and private functions of a similar nature, with ample room for external marquees.
Key Highlights
Prominent road side location on the busy A6 road between Bedford and Milton Ernest
Picture postcard, traditional inn full of character with very large gardens flanking the river Ouse
Real open log fire place and wooden beams add to the initial first impression
New external decking area adjacent to the restaurant ideal for alfresco dining
Payment plan available for the fixtures and fittings purchase
Large 4-bed private accommodation
Suitable Applicants
Financial Overview
Security Deposit
Paid in advance to Wells & Co. Ltd, held to cover credit and rental charges. Returnable at the end of the agreement.£12,500
Administration Fee
Payable to Wells & Co. Ltd in advance, to cover e.g. premises license changes, solicitors fees, and agreement.£430
Minimum Working Capital Required
Minimum working capital required£10,000
Stock and Glassware
Paid to the outgoing licensee on the day of changeover) to cover the value of opening stock£3,000
Valuers Fees
(paid to valuer) for valuing fixtures and fittings£800
Advanced Rent
One month rent in advance£4,125
F&F
Estimated valuation (paid to the outgoing licensee via the valuer at least 7 days in advance) to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment.£35,000
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings.£30,855
Anticipated Retained Income
Wet 40%
Food 60%
Ongoing Costs
Service Charge
Includes: Cellar cooling service, Extract clean x 3, Buildings insurance, Fire Compliance, Boiler maintenance & Electrical Test (tenancies only)£5,200 p/a
Accountancy Services
Fees for a nominated accountant (in the region of)£4,900 p/a
Stocktaking Services
Six professional stocktakes per annum recommended£1,472 p/a
Rent
In the region of £4,000 p/m£49,500 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.
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Support & Training
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