britannia inn - admiral taverns

1
Britannia Inn Westbury, Sherborne DT9 3EH AGREEMENT TYPE Five Year Agreement FACILITIES CALL 01244 321 171 FOR MORE DETAILS £18,750 DESCRIPTION The Britannia Inn is a an exciting opportunity situated in the heart of the picturesque village of Westbury . The pub oozes history and character, dating back to the 18th century as a former school building. The Britannia is located just a stone’s throw away from Sherborne Abbey, benefiting from passers by and visitors to the area. Sherborne is an affluent market town in north West Dorset, with an abundance of medieval buildings, a wealth of privately owned homes and world famous schools. Pub Layout The main bar area is in the heart of the pub and is frequented by locals wishing to enjoy the relaxed cosy atmosphere complete with a log fire which proves extremely popular in the colder months. The pub benefits from two separate areas both of which can accommodate overall around 60 covers, these can be used as dining rooms for the popular food offer or even cater for small gatherings. The commercial kitchen recently underwent a large refurbishment including full decoration, new extraction and high end appliances. The pub also benefits from an additional area which provides a breakfast area or additional covers from the trade area. The pub has a separate out building which has previously been used as a function room and for live music events. To the side of the pub is an enclosed courtyard which is an absolute sun trap and provides space for a number of picnic benches for additional covers, for both food and those just wanting a drink. Upstairs the pub benefits from five guest bedrooms all of which are en suite These are all in good condition. TRADING STYLE The Britannia has previously had an established drinks and food trade. At present the bar has a premium drinks range with three cask ales and a great selection of ciders, lagers and spirits. The food offering will need to be re-positioned with an emphasis on locally sourced produce. We would recommend a mid to high end, great pub food offer with a Sunday lunch to outshine other outlets nearby. The pub has benefited from a an impressive new commercial kitchen in order to achieve this. The guest accommodation provides an additional income stream which is in great condition this will need to be marketed on external sites. ACCOMMODATION Private Accommodation The private accommodation consist of three double bedrooms, kitchen, sitting room and bathroom. On the third floor there is is an office and laundry room. Trade Accommodation The Britannia has five letting bedrooms, one single room, three doubles and one family room. These are en suite and in good condition. The market rate would enable the rooms to command a room rate of £85 plus per night. FINANCIAL Annual Rent: £28,000 Security Deposit: £8,000 Working Capital: £6,000 Stock: £4,500 Fixtures and Fittings: Upon Valuation – funding options available for the right licensee. Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee. Training: £250 plus VAT For a breakdown on financial information, please refer to the ‘Additional Info’ tab. BDM VISION The Britannia is a fantastic pub, full of character and in a delightful quintessential English town. The ideal licensee must have experience in running a successful high end pub, with multiple income streams. You will need strong business acumen and be able to deliver a strong marketing plan for all aspects of this business. We are looking for an enthusiastic and passionate licensee who is willing to embed themselves in to the community and provide an outstanding service all round. An online presence is essential to the success of this pub so marketing and advertising skills are a must.

Upload: others

Post on 15-Oct-2021

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Britannia Inn - Admiral Taverns

Britannia Inn

Westbury, Sherborne DT9 3EH

AGREEMENT TYPEFive Year Agreement

FACILITIES

CALL 01244 321 171 FOR MORE DETAILS

£18,750

DESCRIPTION

The Britannia Inn is a an exciting opportunity situated in the heart of the picturesque village of Westbury . The pub oozes history and character, dating back to the 18th century as a former school building. The Britannia is located just a stone’s throw away from Sherborne Abbey, benefiting from passers by and visitors to the area. Sherborne is an affluent market town in north West Dorset, with an abundance of medieval buildings, a wealth of privately owned homes and world famous schools.

Pub LayoutThe main bar area is in the heart of the pub and is frequented by locals wishing to enjoy the relaxed cosy atmosphere complete with a log fire which proves extremely popular in the colder months. The pub benefits from two separate areas both of which can accommodate overall around 60 covers, these can be used as dining rooms for the popular food offer or even cater for small gatherings. The commercial kitchen recently underwent a large refurbishment including full decoration, new extraction and high end appliances. The pub also benefits from an additional area which provides a breakfast area or additional covers from the trade area.  The pub has a separate out building which has previously been used as a function room and for live music events.  To the side of the pub is an enclosed courtyard which is an absolute sun trap and provides space for a number of picnic benches for additional covers, for both food and those just wanting a drink.  Upstairs the pub benefits from five guest bedrooms all of which are en suite These are all in good condition.

TRADING STYLE

The Britannia has previously had an established drinks and food trade. At present the bar has a premium drinks range with three cask ales and a great selection of ciders, lagers and spirits. The food offering will need to be re-positioned with an emphasis on locally sourced produce. We would recommend a mid to high end, great pub food offer with a Sunday lunch to outshine other outlets nearby. The pub has benefited from a an impressive new commercial kitchen in order to achieve this. The guest accommodation provides an additional income stream which is in great condition this will need to be marketed on external sites.

ACCOMMODATION

Private AccommodationThe private accommodation consist of three double bedrooms, kitchen, sitting room and bathroom. On the third floor there is is an office and laundry room.

Trade AccommodationThe Britannia has five letting bedrooms, one single room, three doubles and one family room. These are en suite and in good condition. The market rate would enable the rooms to command a room rate of £85 plus per night.

FINANCIAL

Annual Rent: £28,000

Security Deposit: £8,000

Working Capital: £6,000

Stock: £4,500

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:        All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in

exchange for an annual fee.

Training: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

BDM VISION

The Britannia is a fantastic pub, full of character and in a delightful quintessential English town. The ideal licensee must have experience in running a successful high end pub, with multiple income streams. You will need strong business acumen and be able to deliver a strong marketing plan for all aspects of this business. We are looking for an enthusiastic and passionate licensee who is willing to embed themselves in to the community and provide an outstanding service all round. An online presence is essential to the success of this pub so marketing and advertising skills are a must.