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Beer Garden
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External Drinking Area
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Function Room
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Restaurant/Dining
Property details
The Hankridge Arms sits in the middle of the thriving Hankridge Retail Park and serves a variety of shoppers and business personnel based in a significant number of offices in the immediate area. The pub is surrounded by the national retail giants of Sainsbury’s, Halfords, PC World, Costa, The Range, and many others. At the other end of the retail park is a multiplex cinema, 10-pin bowling, B&Q, McDonald's, and a Travelodge. Across the road from the retail park is a business park containing many professional offices, a Premier Inn, and a Harvester restaurant. This is situated just off Junction 25 of the M5 and less than 10 minutes' drive from the centre of Taunton.
The Hankridge was lovingly restored from a dilapidated old farmhouse in the 1990s, and the guest area is divided into two parts: the characterful bar area with a large original fireplace and seating for 30-40 guests and the restaurant area, which contains many historic features and can seat 40-50. A premium, fully equipped catering kitchen and a large cellar are all on the ground floor. Upstairs is a separately accessed function room.
Externally there is a beautiful beer garden with bench seating as well as tables and chairs; there is also a car park for visitors to the pub.
The private accommodation is spacious and well-maintained, with a minimum of two bedrooms plus a separate lounge, kitchen, bathroom, and office.
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Catering Kitchen
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Experienced Operator
Trading style
The current business model unusually demonstrates that weekday lunchtimes are some of the busiest sessions of the week, reflecting the Hankridge’s unique location. The operation caters to a genuinely eclectic mixture of guests.
The ideal applicants will be experienced operators able to demonstrate the ability to run a multi-faceted business serving a wide cross-section of guests. The landlords are looking for Business Partners who will be able to market the business effectively and promote the pub and its offer to the thousands of retail park visitors.
Energy and drive will be major qualities required in running this business, which has the opportunity to trade from breakfast (the Travelodge next door is without a breakfast offer), through the day (for shoppers and business people) and on to late dinners (as there is a cinema and bowling alley in the retail park).”
Key financials
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Reference Number:
MWMA7Q /
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£30,000.00
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Annual Rent:
TBC
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware that energy performance certificates are available from the landlord.
Rent: 8.5% of turnover
Initial Investment: £30,000
Fair Maintainable Trade* (FMT) Turnover: £650,000 per annum.
Deposit: £7,500
Training Fee: £1,200 incl. VAT
Change of DPS Fee: £200 incl. VAT
Digital Assets Fee: £200 incl. VAT
Working Capital: £10,000
Fixtures & Fittings: circa TBC Loan facilities are available for the purchase of fixtures and fittings.
Estimated Wet/Dry Split: 25%/75%
Business Rates: N/A
Closing Date: 31/03/25