Run a Star Pub - Wern Inn Landore - Swansea

Pub Overview

The area

The Wern Inn is located in the town of Landore, Swansea . The pub is surrounded by residential housing. Only a short walk from Swansea football stadium.

Demographics

The pub benefits from being one of 11 pubs found in an area of around 4000 adults. The majority customer base is made up of young adults and midlife families .

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a well thought through 10/90 split food & drinksoffer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade with a selection of pub games, such as pool, and darts, pub games machines and live sports. It offers a selection of popular beers, ciders, wines and spirits, and a pub classic menu.

We’re always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
Good 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 us what you can bring to this pub’s next chapter...

Features

Foundation Tenancy

Catering Kitchen

Live Sports

Pub Games

Outdoor Trade

Private Accommodation

Trading Area & Facilities

Main trading area with bar
Lounge / dining room
Approx 50 internal covers
Approx 30 external covers
Catering kitchen
SmartDispense
Enclosed decked garden area

Private Accommodation

Private accommodation consists of 3 bedrooms, a living room, kitchen, and bathroom

Pub Financials

Annual Rent £
16,461
Estimated Annual Turnover £
334,019
Deposit £
4,115
Estimated Fixtures & Fittings Value £
4,875
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
17,490
Estimated Minimum Ingoing Costs £
9,872

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.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.