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GUARANTEED RETAINED ANNUAL SUM

Norton Grange

Evesham Road, Norton, Evesham, Worcestershire, WR11 4TL

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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Childrens Play Area

Property details

Based in an affluent village just a short drive from Evesham this is a great ‘drive to’ destination food site that attracts locals and tourists from surrounding area.

The Norton Grange is a large food operation with 120 covers. The site also has a carvery unit for Sunday carvery, space for local drinkers, and events.

Externally, there is a large car park and garden space.

The private accommodation details are to be confirmed.

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Catering Kitchen

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Team Games

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Pool Area

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Experienced Operator

Trading style

The sales at the pub are growing, there is potential for site to do near 20k gross due to size of operation. By implementing a strong carvery offer on Sundays and focussing on local demographics during the week with live entertainment at the weekend could maximise this.

Key financials

Reference Number: PSCFKB / 37542
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 be aware that energy performance certificates are available from the landlord.

The pub is currently trading at £13,000 per week on a 70/30 dry-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 are 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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