The Ranelagh Arms – Wellingborough
Pub Details
27 Ranelagh Road, Wellingborough, NN8 1JS
Community Local
Ingoing Costs: £23,500
About the Pub
The Ranelagh is without doubt the Heart and Hub of the community where all customers feel safe and welcome.
The current operator has built and incredible community spirit, which has raised over £200,000 for charity over the last twenty years (Mainly for MacMillan Cancer Support and RNLI).
There are a number of events through the year, recognised in a presentation evening in Oct./Nov every year.
Apart from showing TV Sports the community supports 9 sports teams based at the Ranelagh Arms including 4 Darts, 2 Pool, 2 Crib and 1 Bar Billiards.
Key Highlights
The Ranelagh is the HUB of the community
Sports teams including 4 Darts, 2 Pool 2 Crib & 1 bar billiards
Secret Garden and Sports TV
In excellent condition
2 large double bed flat with office
Suitable Applicants
An operator who has the passion to look after the pub like its their home and the community surrounding the Ranelagh. You will need to show your natural enthusiasm to be personally involved in the community and the charity fund raising, and continue the mantel of the current operator.
Financial Overview
Security Deposit
Payable in advance to Wells to cover charges incurred by your business – trading as a Ltd Co£10,000
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£5,625
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£920
Advanced Rent
In the region of 1 weeks rent£432
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)£15,000
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings£25,300
Anticipated Retained Income
Food / Drink split
Ongoing Costs
Service Charge
Payable monthly, to include: Cellar cooling service, Extract clean x 3, Buildings insurance, Fire Compliance, Boiler maintenance & Electrical Test (tenancies only)£74 p/m
Accountancy Services
Fees for a nominated accountant (in the region of)£70 p/m
Stocktaking Services
Six professional stocktakes per annum recommended£26 each
Rent
In the region of (payable weekly in advance)£432 p/w
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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