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The Farndon Arms is a superb country inn / restaurant with four letting rooms. There is an excellent opportunity to develop and make this a very profitable business in a desirable location with further potential to grow food and drink sales, develop the letting rooms and drive the offer that is currently in place at the pub.
This traditional ‘Tudor style’ building is situated in a conservation area at the heart of the village, close to the River Dee. We are advised that parts of the building date back to the 18th Century. The trading areas throughout provide a warm and welcoming atmosphere. The bar/lounge area is an attractive room which is furnished with upholstered perimeter seating, sofas, poseur stools, tub chairs and tables. The area includes a contemporary bar servery of wood/metal construction and ladies and gents toilets. The raised dining area is carpeted and furnished with light wood tables and chairs and has a lovely modern ambiance. The private dining area is a bright and sunny room overlooking the patio area. The room has a wooden floor and is also furnished with light wood chairs and tables. Located on the first floor is a function/balcony suite which is fully carpeted and has a flatscreen TV. This is also used as a breakfast room for overnight guests. It offers a lovely environment making it an ideal room to be used for weddings, funerals etc. This area also has its own toilets. There is a fully equipped catering kitchen with separate washing-up/preparation area and a walk-in fridge. To the front of the building is a patio area with picnic benches for outside drinking in the warmer months. To the rear of the building is an additional patio area with tables and chairs There is a car park for circa 20 cars. Situated on the third floor are four lovely ’boutique style’ double letting rooms with en-suite facilities all in excellent condition.
The Farndon Arms is a great asset to the village of Farndon. Catering for locals or visitors to the area who want a bite to eat or just drinks. It has a good balance of sales from; drinks (40%) food (40%) and accommodation (20%). This is an excellent opportunity to develop what is already a profitable business in a desirable location with further potential to grow food sales, develop the letting rooms and drive the offer that is currently in place at the pub.
There is a duplex suite with a kitchen, lounge and bathroom on the first floor and double bedroom on the second floor which can be let out or used as managers accommodation.
Annual Rent: TBC
Security Deposit: £8,000
Working Capital: £10,000
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.
This charming inn has potential to attract local, business and passing tourists trade. We are keen to invest and develop both the exterior and internal areas of this fantastic building and are looking for focused applicants that share our passion of bringing this pub back to the heart of the Farndon community. They will need to be experienced and hands on with the day to day running of the pub, have fantastic business skills, a passion for food and the ability to engage with the local community.
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.
Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.