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Cossham Inn

Bristol, BS15 1LY

Your investment

£15,000

Agreement Type

Tenancy

The Cossham Inn is a prominent suburban pub situated in the area of Kingswood, just four miles from the fantastic city of Bristol. The pub is on a busy road and is surrounded by housing and local amenities. The pub has befitted from a transformational refurbishment including full external and internal re-decoration and is in excellent condition throughout.  

The Cossham Inn is a prominent suburban pub situated in the area of Kingswood, just four miles from the fantastic city of Bristol. The pub is on a busy road and is surrounded by housing and local amenities. The pub has befitted from a transformational refurbishment including full external and internal re-decoration and is in excellent condition throughout.

Pub Layout

The pub is a great example of a traditional community wet led pub, serviced from a well stocked L shape bar. There is a pool table, darts board and television screens, it features SKY and BT sports and with the introduction of weekly entertainment such as quiz nights & live music would see the pub thrive providing additional income to the business and appeal to a much wider audience. An introduction of  a simple snack food offer would also be welcomed.  Externally the pub benefits from two outside areas, the front terrace has four benches and to the rear of the pub is another area which has a further eight benches.

The Cossham is a well-supported drinks focused community local. The bar has a vast range of products along with three cask hand pulls. Previously the pub has historically benefitted from live sports on TV, along with regular entertainment and pool / darts teams. The pub has a compliant small electrical kitchen to the rear of property that would enable the new licensee to introduce and develop a basic pub grub food offer appealing to many of the locals who frequent the pub.

Private Accommodation

The first floor private accommodation comprises a lounge, three bedrooms, kitchen and bathroom.

 

 

Annual Rent: £27,500

Security Deposit: £5,000

Working Capital: £5,000

Stock: £5,000

F&F: £9051 plus VAT (Funding options available)

Training: £325 plus VAT

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

I am are looking for a licensee with great personality who has passion and pride for customer service and retail standards. You will put on a great rhythm of the week engaging with the local community at every level. Entertainment and teams will be critical to success. A strong vision and marketing plan is essential to developing this great community pub.

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

 

 


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