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Six Bells, Felsham

Felsham, IP30 0PJ

Your investment

£9,000

Agreement Type

Tenancy
  • Beautiful village location
  • Zero Business Rates*
  • Opportunity to increase food offer

This is one of the finest and most idyllic pubs in Suffolk and requires the right operator to unleash its full potential. Do not miss this rare opportunity. The Six Bells is perfectly located, nestled in the beautiful village of Felsham between Bury St Edmunds and Stowmarket, both approximately 8 miles away. The village boasts Five bus services taking you to Bury St Edmunds, Hadleigh and Stowmarket, which all have Stations and links to London. Elmswell is the nearest station, which is 7 miles away and goes to London Liverpool Street via Ipswich. There is a shop, garage, post office, village hall and a real community spirit with plenty of activities arranged through the Parish council. The pub itself is stunning and traditional in style with original beams and fireplaces, hosting up to 50 covers dining.

 

Pub Layout

The overall space within the pub is large but naturally divided up by the fireplaces, providing both space for larger gatherings and romantic dining experiences. The Cellar and kitchen are both located on the ground floor ensuring looking after your customers is that little bit easier. The kitchen boasts all the necessary equipment to provide a quality menu perhaps including some of the fine local produce. The Outside space consists of a smaller garden to the front of the pub where customers can enjoy a drink surrounded by the English Roses. To the rear there is a small decked area that leads onto a significant car park and meadow. The meadow has huge potential for beer/food festivals or even weddings.

The pub is well supported by the community and the only pub within Felsham. The pub must have a strong food offer to cater for the village but also pull customers from surrounding villages. Experience of real ales is also necessary.

Private Accommodation

The private accommodation consists of four double bedrooms, a fully fitted kitchen, bathroom with freestanding shower and a separate second toilet.

Annual Rent: £20,000

Security Deposit: £4,000

Working Capital: £3,000

Stock: £2,000

Business Rates: Nil*

F&F: TBC – Funding options may be available for the right licensee

Training: £325 plus VAT

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

* 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.

The Six Bells is a village pub, looking after the villagers and catering for destination diners too. This needs to remain the focus here, and a warm, friendly publican or couple is required to take over and maintain the success of the previous partners.

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.


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