Beer Garden
External Drinking Area
Car Park
Restaurant/Dining
Property details
The Junction is a charming pub that benefits from an accessible location and good demographics. Over 8,000 adults live within walking distance to the pub and there are several new housing developments in the area.
The landlords now plan to invest in The Junction, a former restaurant, to create a modern premium local. The investment will reposition the pub from a restaurant to a community pub that serves great food.
Inside, the pub is split into a bar and lounge format. In the lounge, the landlords will add new carpeting and fixed seating. These additions will soften this space, which was once used solely for dining. They will add a new overhead glass gantry to the bar itself, along with a stylish tiled back fitting.
In the bar, the landlords will upcycle the existing furniture and enhance the bay window area. New loose furniture will be added along with two televisions. Additions will also be made to the existing catering kitchen.
Outside, they will enhance the entrance of the pub with new signage. New planters and festoon lighting will make this an appealing space for customers to enjoy a pint in the warmer summer months.
Private accommodation at the pub consists of three bedrooms, living room, kitchen and bathroom. In line with the landlords ready to trade promise, they will ensure that the private accommodation has the necessary works completed on it so that you can focus on getting your business right.
Cask Ale
Catering Kitchen
Experienced Operator
Trading style
The new operator of the pub should build on The Junction's historical reputation for good food by offering a homecooked, casual dining menu. Couple this with a variety of premium on-trend drinks and a clear calendar of events to appeal to the pub's new customer base.
The perfect operator for The Junction will be an ambitious entrepreneur who wants to make a difference in the marketplace. They will have prior experience running pubs and take pride in offering their customers great service. Apply now to find out more about the investment.
Key financials
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Reference Number:
8M9JTW / 0070529101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£14,076.00
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Annual Rent:
£24,912.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £24,912
Estimated Annual Turnover £422,476
Deposit £6,228
Estimated Fixtures & Fittings Value £25,000
Estimated Stock Valuation £8,500
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £43,228
Estimated Minimum Ingoing Costs £14,076
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.