The Narrowboat, Weedon
Pub Details
Watling Street, Stowehill, Northampton, NN7 4RZ, uk
Destination dining
Ingoing Costs: £32,500
Pub Rent: £60,500
About the Pub
The property is a detached three storey building with a tiled roof and large car park and garden which looks over the canal. There are large internal and external trading areas with log burners and a separate conservatory area which can be used for private functions. Outside in a separate block there are seven ensuite letting rooms.
Key Highlights
Prominent location on A5 next to the Grand Union canal
7 letting rooms in large detached building
Attractive canal side garden and large car park
Large bar and dining area with conservatory
2-bed private live-in accommodation
Suitable Applicants
This site would suit a hands on experienced operator with good knowledge of providing a high level of food and hospitality, including letting rooms. An operator with a good knowledge of marketing who can drive food and wet sales to this already popular venue.
Financial Overview
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings£33,500
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)£15,125
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement£500
Working Capital
Minimum working capital required£10,000
Stock & Glassware
In the region of to cover the value of opening stock£6,000
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings.£800
Advanced Rent
In the region of (usually 1 month) – negotiable£1,163
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)£TBC
Anticipated Retained Income
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)£116.03 p/m
Stocktaking Services
Six professional stocktakes per annum recommended£157 p/m
Accountancy Services fees
For nominated accountant in the region of
£430 p/m
Rent
In the region of (payable weekly in advance)£60,500 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.
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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