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The Flint Cottage, High Wycombe

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Pub Details

Flint Cottage, 3 Amersham Hill, High Wycombe, HP13 6NQ

Town Centre

£24,280

£25,000

The Flint Cottage is a grade II listed building with lots of character, there is a working fireplace and two other fireplaces which are ornamental, the pub is open plan but boasts lots of different areas within the trading area with a mixture of both low seating for dining and higher seating for more casual drinking. The pub stands dominant on the main road. There is one main servery and good domestic kitchen, a very large basement cellar and an amazing garden area. The domestic accommodation is very spacious with office, shower room, kitchen, lounge and four good sized bedrooms.

Key Highlights

  • • Grade II listed with prominent position on busy road

  • • Opposite train station with large garden

  • • Near shopping centre and local shops

  • • Well equipped catering kitchen

  • • Spacious 4 bed private accommodation

Financial Overview

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

    £24,280

  • 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

  • Stock & Glassware
    In the region of to cover the value of opening stock

    £5,000

  • Advanced Rent
    In the region of (usually 1 month) – negotiable

    £0

  • 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)

    £10,000

  • Working Capital
    Minimum working capital required

    £8,000

  • 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)

    £27,000

Anticipated Retained Income

  • Wet 75%

    Dry 25%

Ongoing Costs

  • Service Charge
    Payable weekly, to include: Extraction cleaning x 3, cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)

    £4,500 p/a

  • Accountancy Services fees

    For nominated accountant in the region of

    £4590 p/a

  • Stocktaking Services
    Six professional stocktakes per annum recommended

    £960 p/a

  • Rent
    In the region of (payable weekly in advance)

    £TBC

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The Flint Cottage, High Wycombe

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