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GUARANTEED RETAINED ANNUAL SUM

Darran

St Mary Street, Risca, Newport, NP11 6GU

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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Car Park

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Restaurant/Dining

Property details

The Darran is a quirky community pub with tons of character, well-situated on the edge of a large housing estate in the town of Risca in Caerphilly, about 30 minutes from Cardiff.

This dog-friendly pub enjoys an excellent reputation locally, attracting families and groups for dining and drinkers who enjoy the warm and friendly atmosphere. The Darran is a two-storey operation, with a bar, TVs, and a dining area with booths on the ground floor. The kitchen is situated on the 1st floor, which has the potential to serve as a separate dining area.

The private accommodation consists of three bedrooms, a living room, an office, a kitchen, and a bathroom.

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Catering Kitchen

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Team Games

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Live Entertainment

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Live Sports

Trading style

The Darran has the potential to turnover at least £15k a week with the opportunity to drive sales through regular events such as live music, utilising upstairs as a function room, and driving bookings.

The successful operator will need to be someone who is community-focused with an eye for food standards and passionate about guest service.

Key financials

Reference Number: PSCFKB / 41249
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 pub operates a branded menu, catering for 123 covers and currently trades at around £12k a week, 45% Wet 55% Dry sales mix.

What’s in it for you?

26% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £35K (released weekly)
Incentive bonuses based on business performance and standard audits.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost.
Accommodation included with most bills covered, except the council tax & TV Licence

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.