THE BULL INN - Shepherd Neame

THE BULL INN
The Green, Newick, Lewes, East Sussex BN8 4LA
Offered on a traditional three year brewer’s tenancy
The Bull Inn
An attractive pub and restaurant with letting rooms
situated neatly on the green in the centre of picturesque
Newick, East Sussex. The Bull Inn is located just 20
minutes from Brighton and 10 minutes from Lewes.
Internally there is one main bar area serving multiple
trading areas together with a restaurant area seating
around 50 to 70 covers. Externally there is a patio to the
front of the property with a secluded courtyard to the
rear, along with on site car parking for 24 cars.
The Bull has eight well kept letting bedrooms all with
private en-suites. Generally the Bull has been well
maintained and decorated, so you will find it in great
condition throughout.
We highly recommend that experienced licensees and
caterers view the Bull Inn at their earliest opportunity.
TRADE
Year Ending 30 June
2012
2013
2014
*6
Mths
All Beer
& Cider
Barrels
*160
*148
*130
*50
Wines
Gallons
756
651
559
236
PPS
Gallons
53
47
28
0
45
41
24
11
4801
1859
Premium Packaged Spirits (eg WKD)
Traditional
Spirits
Minerals
Gallons
HOURS AUTHORISED BY THE PREMISES LICENCE:
Supply of alcohol, background music Mon - Wed
and provision of late night refreshment Thurs - Sun
10.00 - 23.30
10.00 - 00.00
Open to the Public
Mon - Wed
Thurs - Sun
10.00 - 00.00
10.00 - 00.30
Live Music
Sun - Sat
10.00 - 23.00
Specific conditions that currently apply:
Ready to
drink litres
8032 7402
Note: Beer & Cider figures based on flow meter data
** Guest ale provision in place, sales included in figures
outlined
* 6 Months sales figures July - Dec 2014
ESTIMATED ACCOMMODATION INCOME
£1,500 - £1,800 per week
Approximate average room rate of £55-60 per night
Shepherd Neame has no access to the tenant’s accommodation
turnover figures. Please note this figure is estimated as accurately as
possible at April 2015.
None
_______________________________________________
COUNCIL TAX

Band C
UNIFORM BUSINESS RATES

£38,000 R.V.
It is recommend that the prospective tenant checks the rates
payable prior to completing a financial plan.
_______________________________________________
DIRECTIONS
ESTIMATED FOOD TURNOVER
£3,750 - £4,000 per week
Shepherd Neame has no access to the tenant’s food turnover figures.
Please note this figure is estimated as accurately as possible at April
2015.
TRADE AREA PLAN
TRADE ACCOMMODATION

One main bar serving multiple trading areas and restaurant area with approximately 50-70 covers. 8 well
maintained letting rooms all with private en-suite facilities. Trade kitchen and internal customer toilets
GENERAL

Outside patio area to the front, a secluded courtyard to the rear and private on site car parking for 24 cars
PRIVATE ACCOMMODATION

Five bedrooms, kitchen, bathroom, office, lounge
ESTIMATED CAPITAL REQUIREMENTS
TRADING DEPOSIT
£8,000
CONTRACT DEPOSIT
£500
Refundable on day of change
£1,000
DILAPIDATIONS
+ monthly payments £50
INVENTORY
£35,000
STOCK, GLASSWARE,
CUTLERY, CROCKERY, ETC
£6,000
Estimated - subject to
Independent valuation by trade broker
Estimated - subject to independent
valuation by trade broker and stocktaker
WORKING CAPITAL
£10,000
TRAINING DEPOSIT
£1,000
£750 refundable on completion of training
TOTAL ESTIMATED INGOINGS
MINIMUM CAPITAL CONSIDERED
£61,500
£25,000
Based on: Trading deposit + stock, glassware, cutlery
crockery + working capital + training + miscellaneous
Please note: Where only minimum capital is available, the
inventory will be rentalised.
RENT
Per Annum
Year 1
Year 2
Year 3
TBA
TBA
TBA
ADDITIONAL CHARGES
Service Charge
£780 pa
Cooler Rental
£390 pa - 2 x Doubles
CONTACT AT BREWERY
Shelley Castle - Trade Recruitment Co-ordinator
Telephone
01795 542132 (direct dial)
E-mail
[email protected]
These figures were accurate at the date of printing of particulars (April 2015) Please enquire at interview if there have been any substantial changes. The particulars are set
out as a general outline only for the guidance of potential tenants and do not constitute part of an offer or contract. All descriptions (including photographs), dimensions,
reference to condition and necessary permissions for use and occupation and other details are given in good faith and believed to be correct but any potential tenants should
not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the
employment of Shepherd Neame Limited has any authority to make or give any representation or warranty whatsoever in relation to the property.
WWW.SHEPHERDNEAME.CO.UK