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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

The Norton Grange is a large countryside pub in the village of Norton near to the market town of Evesham.

This is a sleeping giant with 170 internal covers. It is a large destination community food pub with a carvery deck and a large bar area with plenty of scope to drive existing sales with the right operators.

Externally, there are a further 100 covers in the amazing garden with car parking for over 60 cars.

The private accommodation consists of 5 bedrooms (split into two separate areas – a 3-bedroom apartment plus an extra 2-bedroom apartment, all with separate living, kitchen and bathrooms).

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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

Ideally, the landlords are looking for candidates who have experience working in managed house environments, have a background in developing business through standards, marketing, and maximising opportunities, and understand how to deliver high turnover through a carvery offering.

Key financials

Reference Number: PSCFKB / 42215
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 Norton Grange is currently turning over circa £8000 per week on an 80/20 wet lead split, but has tonnes of potential (it’s previously turned over up to £18,000 per week, increasing further through the summer months).

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

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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