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Gardeners Call, Luton

Luton, LU2 0BX

Your investment

£10,000

Agreement Type

Tenancy

The Gardeners Arms is a five-minute walk from Luton train station and Is situated in a busy commercial and residential area in Luton. It’s also a 10-minute walk from the centre of Luton. The landlords will be doing a small refurbishment to the pub that will include redecoration throughout the trading area, new lighting and new fixtures and fittings.

The Gardeners Arms is a five-minute walk from Luton train station and Is situated in a busy commercial and residential area in Luton. It’s also a 10-minute walk from the centre of Luton. The landlords will be doing a small refurbishment to the pub that will include redecoration throughout the trading area, new lighting and new fixtures and fittings.

 

Pub Layout

The pub itself has one main bar servery, a separate sports area and a dance floor. The dance floor is used a lot due to the amount of live music that forms part of the entertainment at the pub. It also benefits from an award-winning enclosed beer garden that is very popular in the summer months. The pub has approx ten parking spaces in its own car park.

High Town is also a popular drinking area for the many homes, and away football supporters that walk to Kenilworth Road and the new Business Partners will benefit from attracting the football supporters to the pub.

Private Accommodation

The private accommodation comprises of a double bedroom with en suite, a smaller bedroom and a Living room. The commercial kitchen downstairs will be used for cooking.

Annual Rent: £12,000

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

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: £325 plus VAT

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

Someone who is looking to grow the number of pub teams such as Darts, Pool, Football etc. The pub needs to bring back the local community experience with events such as family fun days, charity events, Beer festival, Cider Festival, Bingo, Live Music, BBQ.

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.


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