Back to Search results

Greyhound Inn, Tetbury

Tetbury, GL8 8JN

Your investment

£10,000

Agreement Type

Tenancy

The Greyhound is decorated to a high standard internally and Admiral Taverns are considering a full external refurbishment to compliment the internal presentation this is subject to board approval. The pub is a complete gem with a refreshing and vibrant feel making this pub a brilliant opportunity for an experienced operator who will develop the business and deliver a “real pub” to the community of Tetbury. Tetbury is situated in the Gloucestershire Cotswolds and is on a main artery from Bristol/Bath to the historic Roman capital of Cirencester. Tetbury benefits from Royal patronage and is very close to Prince Charles’ home at Highgrove. This, along with the Badminton Horse trials, has attracted a considerable level of tourist trade to the area. The Highgrove estate has a shop outlet on the high street and this, along with Tetbury’s 25 antique shops does lead to a considerable number of tourists visiting the town. The Greyhound is situated on the edge of Tetbury, and is the only “real pub” in this affluent market town, which comprises circa 5,800 residents with around a further 300 houses planned over the next five years.

The Greyhound is decorated to a high standard internally and Admiral Taverns are considering a full external refurbishment to compliment the internal presentation this is subject to board approval. The pub is a complete gem with a refreshing and vibrant feel making this pub a brilliant opportunity for an experienced operator who will develop the business and deliver a “real pub” to the community of Tetbury. Tetbury is situated in the Gloucestershire Cotswolds and is on a main artery from Bristol/Bath to the historic Roman capital of Cirencester. Tetbury benefits from Royal patronage and is very close to Prince Charles’ home at Highgrove. This, along with the Badminton Horse trials, has attracted a considerable level of tourist trade to the area. The Highgrove estate has a shop outlet on the high street and this, along with Tetbury’s 25 antique shops does lead to a considerable number of tourists visiting the town. The Greyhound is situated on the edge of Tetbury, and is the only “real pub” in this affluent market town, which comprises circa 5,800 residents with around a further 300 houses planned over the next five years.

Pub Layout

Although the Greyhound is all open plan, the design has created distinctive areas for different occasions. The bar has a more relaxed atmosphere with a view over the open pass kitchen and access to the courtyard. The diners area is warm and cosy with a gas stove creating a welcoming ambiance. This area is popular with visitors who bring their dogs for a more relaxed dining experience. The restaurant area has a mixture of soft furnishings broken up by its variety in levels with a mixture of low and high seating. The courtyard has eight large tables which are popular for alfresco dining and drinking in the warmer months. The open pass catering kitchen is of high specification with a wash up area and a dry door situated on the first floor.

The Greyhound is a well established pub that sits in the heart of the community of Tetbury as it offers something for everyone. The lounge/ restaurant area has space for around 70 covers, while informal dining is welcomed in the bar area. Throughout, the Greyhound is beautifully decorated with a balance of soft furnishings and wooden floors. The catering kitchen has an open pass and is well equipped with charcoal ovens offering scope for a varied menu. Admiral Taverns are looking for a passionate and experienced licensee to grow this pub to its full potential.

Private Accommodation

The pub has two large double bedrooms, living room, bathroom and domestic kitchen. There is also a dry store area which could be used as an office if desired.

Annual Rent: £25,000 (rent support available for the first six months to support the new licensee)

Security Deposit: £5,000

Working Capital: £2,500

Stock: £2,,500

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.

The Greyhound is one of the best pubs – full of character and located in a delightful quintessential English town. The ideal licensee will be able to cater for the numerous tourists who tend to visit during the day, as well as meeting the needs of the locals. There are many restaurants locally and the Greyhound has the opportunity to become the only real pub in the area offering traditional home-cooked food. Good old fashioned hospitality is what makes customers want to return again and again. You will have the knowledge and experience to deliver a Great British Pub experience.

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 – £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.


Keep up to date with vacancies

This field is for validation purposes and should be left unchanged.