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LOW ENTRY COSTS

King Charles ll

Broad Street, Ross-On-Wye, Herefordshire, HR9 7EA

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

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Beer Garden

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External Drinking Area

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Restaurant/Dining

Property details

The King Charles II is a great pub based in the town centre of Ross on Wye in Herefordshire, which is known as the birthplace of British Tourism. The town is a really popular tourist destination due to its historic architecture, independent shops, and scenic views of the Wye Valley. It is also close to attractions like Goodrich Castle and the Forest of Dean. Whilst attracting lots of footfall to the area from tourists, there are plenty of opportunities to bring locals into the pub.

The pub has a really traditional feel with lots of seating at the front and some dining tables to the rear.

The beer garden at the back is a real hidden gem and perfect for hosting BBQ’s etc. in the summer months.

The private accommodation has 3 bedrooms, a lounge, a kitchen, and a bathroom and is situated above the pub.

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Catering Kitchen

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Team Games

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Live Entertainment

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Experienced Operator

Trading style

The landlords are looking for someone to take on the pub who has great ambition and drive, and who will have experience of implementing and serving their own menu, so the ability to cook is important. The ideal operator would also be someone who can introduce weekly activity into the pub to draw in guests, such as Quiz Nights, Bingo, Live music, and be keen to get involved in the local community and become well known in the area.

Key financials

Reference Number: PSCFKB / 39400
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please note that the Energy Performance Certificate is available from the landlord.

The site currently takes around £2,000 per week on wet sales but has loads of potential to grow with the right operator and by introducing a food offer to the pub.

What’s in it for you?

20% share of weekly wet sales, excluding VAT.
Keep 100% of the food sales.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal costs. (*deposits can vary depending on business*)
Accommodation included with most bills covered, except the council tax & TV License.

TOTAL INGOING £5,360

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