Property details
The Ring O Bells is located in the village of Queensbury, where there are 4,776 adults within a 10-minute walk of the pub. The current customer base is predominantly wet-led, value-led, and traditional, with a loyal and mature demographic. Following the refurbishment, the pub will be repositioned to appeal to a broader and more diverse customer base, with the potential to become a go-to spot for younger professionals and after-work socialising. The pub is one of a handful of pubs in the area, competing with three other community wet-led venues - The George, Queensbury Tavern, and New Dolphin. With the planned internal and external investment, Ring O Bells has the opportunity to stand apart from this competition and rebuild its reputation in the local community.
The refurbishment of the pub will cover both the interior and exterior.
The pub's trading area and facilities post-refurbishment will be:
- Main trading area with bar
- Snug area
- Separate games/sports zone
- 48 internal covers
- HEINEKEN SmartDispense
The private accommodation with 2 bedrooms, a kitchen, a living room, and a bathroom
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Team Games
Trading style
Ring O Bells is set for a refurbishment of around £125,000 to transform it into the best pub in the area, with high-quality trade areas and a stronger community pub offer.
Attitude is more valuable than experience. If you’ve got the following, the landlords would love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 2302221101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£26,018.00
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Annual Rent:
£16,072.00
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.
Annual:
Estimated Annual Turnover £295,833
Annual Rent £16,072
Entry Costs:
Deposit £4,018
Estimated Fixtures & Fittings Value £15,000
Stock Valuation £3,500
Working Capital Required £3,500
Indicative entry costs £26,018
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.