Fleur de Lis, Stoke-sub-Hamdon

The Fleur de Lis is the busiest pub in the pretty village of Stoke sub Hamdon, also known as Stoke under Ham. This village is just five miles to Yeovil and twenty miles to Taunton making it in a great country location with accessibility to larger towns. The Fleur de Lis is an attractive and strong building which dominates the centre of the village and is the meeting point for all aspects of the community. It is also close to Ham Hill Country Park which is very popular with walkers and it is also interestingly known as a site of special scientific interest that also hosts an Iron Age Fort, which attracts a large number of visitors every year.

Pub Layout

As you enter the pub through the front door, which can’t be missed as it is right on the street, you either turn left to the more formal dining area or turn right to enter the large main bar area. In the more formal area there is a large cosy fireplace and mixed seating for approximately twenty people. In the larger bar area there is more mixed seating for approximately forty people with traditional furniture and bar games to be enjoyed by all. The bar itself is spacious and able to serve several customers at a time and off this, is the well-appointed commercial catering kitchen. To the rear of the property is a spacious lawned garden with benches scattered over the lawn making a great space for a relaxed drink in the warmer months. The pub also benefits from parking for five cars as well as a skittle alley that is used regularly.

At present the Fleur de Lis trades as a good quality community local with some food such as pub classics and special offers that seem to be popular with the local community. If this site is to flourish it would need to continue to deliver this and even expand on the menu to keep locals coming back and new trade into the pub, this will really make the most of the opportunity. With a good drinks offer available and varied activities such as skittles and darts able to be held at the site, the Fleur de Lis is a busy community hub. There are also 4 letting rooms available at the site which are all en-suite and these generate a great additional income stream.

Private Accommodation

On the first floor is the private accommodation consisting of two bedrooms, a sitting room, bathroom and kitchen which all have been decorated to a good standard.

Letting Accommodation

Also located on the first floor, are four well-appointed, en-suite letting bedrooms, which are fully furnished.

Annual Rent: £28,500

Security Deposit: £5,000

Working Capital: £5,000

Stock: £3,000

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be 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: £325 plus VAT

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

The Fleur de Lis has the ability to be a great community local. This site would suit an operator with a track record of success, someone who is keen to be an integral part of the village and they must want to focus on being at the heart of the local community and embrace where they live. It would be beneficial for the new licensees to have good social media skills as well as the desire to do a comprehensive food offering. The pub needs to be loved and anyone doing so will reap the rewards.

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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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.

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 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *