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GUARANTEED RETAINED ANNUAL SUM

Park House

Kettering Venture Park, Kettering, Northamptonshire, NN15 6XE

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

Property details

The Park House is a stunning traditional red-brick pub, located next to the Retail Park in Kettering.

Inside, it operates over two floors, with a bar on each. The Park House delivers a full landlord's menu and also has a pizza deck within the kitchen. With the capacity to cater for 176 covers, the pub has so much potential with its well-attended quiz and poker nights. The second floor could also be used to host various private events for guests.

The private accommodation consists of three bedrooms, a lounge, and an office.

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Catering Kitchen

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Team Games

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Pool Area

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Live Entertainment

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Live Sports

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Experienced Operator

Trading style

The Park House is unique as not only does it welcome shoppers and workers, but it is also surrounded by houses and has built a consistent local trade.

The landlords are looking for an experienced food operator who is both sales and engagement-focused. Someone who will continue to keep the Park House the hub of the community!

Key financials

Reference Number: PSCFKB / 41039
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 Park House is currently taking an estimated £18,000 a week with a 60/40 dry-to-wet split.

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 costs.
Accommodation included with most bills covered, except the council tax & TV Licence

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

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