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YOUR INVESTMENT

£13,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsLive MusicKitchenCar ParkBeer Garden
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Barley Mow

Bedford, MK40 1EZ

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OR CALL 01244 321 171 FOR MORE DETAILS

The Barley Mow is an attractive, traditional Victorian style building situated on the outskirts of Bedford, with the town centre just a 10 minute walk away. It is close to Bedford prison and one of the smaller campuses of Bedford college so has a strong footfall passing by daily. Although there is no parking on site there is a large multi storey car park located to the rear of the pub which is also used by shoppers. The pub is located on a large corner plot in an area is predominantly commercially based with shops and light industry with residential properties within walking distance. Bedford is a thriving, affluent town with very good rail links to London and the north.

Pub Layout

The Barley Mow is a two room operation with a large bar situated in the heart of the pub, servicing all areas. There is a lounge bar with a mixture of fixed and loose seating, with an area that accommodates the very popular live entertainment of an evening. Through from the bar there is a games room housing a pool table and darts board. To the rear of the pub there is a large courtyard with could accommodate an number of picnic benches.

The pub is one of the oldest LGBT venues in the East of England and has a reputation of being a relaxed safe venue with excellent entertainment . The pub is predominantly a wet led offer and focuses on cocktails and premium spirits. There is an opportunity to open during the day with a more chameleon offer, including coffee and cask ales as predominantly the daytime attraction was aimed at the college & prison, with a lunchtime/evening food menu & a good selection of drinks. The pub has a very good, well equipped commercial kitchen.

Private Accommodation

The private accommodation which is accessed through the bar consists of three bedrooms, bathroom, lounge and kitchen in good condition.

Annual Rent: £22,500

Security Deposit: £5,000

Working Capital: £5,000

Stock: £3,000

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.

We are looking for an experienced operator who will get involved in re-building this recent successful business that has waned in the last year or so. Using the current strong foundation of its late night venue operation & its long standing LGBT reputation as a platform to relaunch it daytime & evening trade. Re-kindling the contact & communication with both the college & prison will benefit the trade greatly. The introduction of a food offer would also add to the pubs attraction for the local businesses nearby. With the pubs location, its great condition, the great facilities & its solid trading base, this could be a great opportunity for a hardworking & social business person.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for   weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

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