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GUARANTEED RETAINED ANNUAL SUM

George & Dragon New

Houghton, Arundel, West Sussex, BN18 9LW

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 George & Dragon is located just a stone's throw from Arundel Castle and surrounded by the beautiful South Downs. This pub offers a warm, welcoming atmosphere to locals and tourists alike. The blend of locals and seasoned tourist trade provides a year-round trading opportunity, with strong peaks in Spring, Summer, and event periods. There is an opportunity for live music and events in conjunction with local businesses.

The trading area includes a main bar, a separate dining area, and a function space.

Externally, there is a charming courtyard garden with stunning views.

The private accommodation consists of two bedrooms with private bathroom and kitchen above the pub.

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Catering Kitchen

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Live Entertainment

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Live Sports

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Experienced Operator

Trading style

The pub has a great reputation locally, demonstrated by the 898 reputation score. Big opportunities to grow sales through events and the utilisation of the entire pub.

The landlords are looking for an operator with experience in running a strong food operation and experience in putting on popular events to drive the wet trade.

You will have the opportunity to provide a ‘flexible’ Signature menu to enable designing an offer that is bespoke to this particular pub and local demographic. This flexibility allows you to tailor the offer in accordance with what your guests desire, coupled with the operational capability of the business.

Key financials

Reference Number: PSCFKB / 38579
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 is currently turning over £10,000 per week on a 50/50 wet/dry 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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