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Beer Garden
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External Drinking Area
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Function Room
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Restaurant/Dining
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Wi-Fi
Property details
The Wheatsheaf is a historic building dating back to 1621 which incorporates part of an old Squire’s Chapel, and many features of this can be seen throughout the pub. The pub went through an extensive development in 2019, so it is presented in great condition and is fitted out to an exceptional level, both in the trading areas and back of house.
The three main trading areas are all served by a stunning island bar and can all be zoned to offer differing styles. The main bar is traditional, with a stone floor, a feature fireplace, and an eclectic mix of furniture. There is a more relaxed area laid out with fixed seating and wooden floors, and a mixed area with sports for social drinking. The Chapel room is accessed from this area and offers a space that is perfect for private meetings or events with a capacity of around 60 guests.
Towards the rear of the pub is a sizeable courtyard with 9 large tables, heat, light, and an opportunity to offer either pool or external TV in a covered outbuilding. Toilets are easily accessed from the main bar, and the kitchen and cellar both offer well-equipped and serviceable areas and are also on the ground floor for easy access.
As expected from a historic property, the private accommodation at the Wheatsheaf is quirky and full of character but in great condition. The accommodation benefits from its own separate entrance and comprises a single floor with 4 large bedrooms, a lounge/dining room, separate kitchen and bathroom/WC, and several storage cupboards throughout.
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Cask Ale
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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 Wheatsheaf trades as a traditional town centre pub that moves between different types of trading both during the day and throughout the week. The ability to deliver high-quality food is essential for daytime trade whilst midweek evenings will attract sports viewers by sharing plates and snacks. At the weekends, the offer of an outstanding Sunday Roast is essential, and weekend evenings will revolve around entertainment with premium drinks, cocktails, and wine. The key to unlocking the business will be in developing community links and maximising the use of the function room. The business is currently wet-led, but there is a great opportunity to develop the food offer through good quality, locally sourced food.
The Wheatsheaf ideally needs an operator who is capable of running a town centre business that changes from a food-led business during the week to more of a wet-led business at weekends with music and entertainment. Strong commercial acumen is essential, and a proven capability to drive a business forward through developing great local links is required to maximise this opportunity.
Key financials
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Reference Number:
MWMA7Q /
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£30,000.00
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Annual Rent:
£38,000.00
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.
Rent: 8.5% Turnover Rent, with base rent of £38,000 per annum
Initial Investment: £30,000
Fair Maintainable Trade* (FMT) Turnover: £520,000 per annum
Deposit: £7,500
Training Fee: £1,200 incl. VAT
Digital Assets Fee: £200 incl. VAT
Working Capital: £7,500
Fixtures & Fittings: Circa £35k (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).
Estimated Wet/Dry Split: 80%/20%
Business Rates: Rateable Value £16,000
Closing Date: 31/03/25