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GUARANTEED RETAINED ANNUAL SUM

Crown

Malvern Road, Powick, Worcester, Worcestershire, WR2 4SF

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

Description
Requirements
Benefits & Financials

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Beer Garden

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External Drinking Area

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Car Park

Property details

The Crown is situated in the Powick area of Worcestershire. It attracts a varied demographic, including locals and families.

It comprises a bar area, kids' games area, restaurant seating and pool table with a large car park. The kitchen is a good size with clean and well-maintained equipment to enable the successful operator to grow food sales.

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

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Catering Kitchen

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Team Games

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Pool Area

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Live Entertainment

Trading style

There is growth potential around driving food sales, creating a bar atmosphere, and elevating garden use in the summer. There is also new housing being built locally that will contribute to future sales.

The landlords are looking for an operator that has dealt with branded food environments and is passionate about building community relationships.

Key financials

Reference Number: PSCFKB / 42648
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 Crown is turning over approximately £9000 – £10,000 per week on a 65/35 food-led 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 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.

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