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Grapes, Melksham

Melksham, SN12 6LE

Your investment

£8,000

Agreement Type

Tenancy

The Grapes occupies a great position on the high street of the busy historic market town of Melksham, Wiltshire. Melksham is a popular and rapidly expanding town, the 5th largest in the county with a population of almost 20,000. This attractive high street pub benefits from having a large open plan bar area served by a traditional horseshoe-shaped bar servery, window seating and pool table area. There is a cosy courtyard to the rear that houses a covered smoking area

The Grapes occupies a great position on the high street of the busy historic market town of Melksham, Wiltshire. Melksham is a popular and rapidly expanding town, the 5th largest in the county with a population of almost 20,000. This attractive high street pub benefits from having a large open plan bar area served by a traditional horseshoe-shaped bar servery, window seating and pool table area. There is a cosy courtyard to the rear that houses a covered smoking area. The pub and all its facilities are in very good condition, having been recently redecorated. The private accommodation consists of two bedrooms and a good-sized kitchen, bathroom and small office.

This is a great traditional local community operation that must focus on a high-quality, high-value wet offer selling a great range of draught lager and cider products, real ales, good wines, along with a traditional range of premium spirits.  A great rhythm of the week that ideally should include SKY sports & regular live music events along with darts and pool teams coupled with other games/activities associated with this style of the pub will also be essential to ensure that the Grapes remains one the favourite places for the locals of Melksham to quench their thirst. The ideal applicant will be able to demonstrate a good understanding of the local market place as well as be an experienced community pub operator.

Annual Rent: £17,900

Security Deposit: £5,000

Working Capital: £2,000

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.

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.

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 – 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 – £30.10 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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