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Swan, Rushden

Rushden, NN10 0SR

Your investment

£9,000

Agreement Type

Tenancy

The Swan is located in the small Hamlet of Newton Bromswold. The Hamlet is 8 miles from the new shopping complex of Rushden Lakes and is surrounded by beautiful countryside which is popular with destination diners, tourists and walkers. The Swan features in one of local author H.E Bates’s novels, and was frequented by US bomber pilots from nearby RAF Chelveston in the war.

The Swan is located in the small Hamlet of Newton Bromswold. The Hamlet is 8 miles from the new shopping complex of Rushden Lakes and is surrounded by beautiful countryside which is popular with destination diners, tourists and walkers. The Swan features in one of local author H.E Bates’s novels, and was frequented by US bomber pilots from nearby RAF Chelveston in the war.

Pub Layout

The three trading areas at the Swan are fed by the main bar area. The bar itself is situated at the rear of the pub looking out to the beautiful gardens and Church. The entrance is from the pavement and car park which leads directly into the main bar area. To the side of the bar there is a separate room that can accommodate small groups and has previously been used for local meetings.  There is also a skittle table that has previously been popular with the locals.  There is a lovely garden area to the rear of the property which can seat 30-40 people.

The pub is in excellent condition and has a wealth of period features including open fires. The pub welcomes both regular drinkers and walkers who like to socialise with friends with a pint or glass of wine.  The pub has offered food a number of years ago and could be re-introduced however compliant works would need to take place in order to offer a more substantial food offer.

A continued focus on attracting locals and walkers, along with a continued passion for a wonderfully kept and poured cask ale!

Private Accommodation

The private accommodation consists of two good sized bedrooms, a lounge and a newly refurbished bathroom. The kitchen is located downstairs and serves as a domestic kitchen.

Annual Rent: £ 19,000

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: £250 plus VAT

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

The Swan is the village gem. The ideal licensee will be someone that is prepared to run the pub as if it’s an extension to their very own living room. A warm, welcoming pub that has remained relatively unchanged over the years focusing on incredible cask ale and a personal and friendly customer service.  The ideal licensee would be someone who likes quieter village life, but is passionate about being the pillar of the community. Organising small events, sports nights, darts and much more, as well as being the place for people to visit as a home from home whilst retaining the original cosy and warm atmosphere that this pub embodies is vital.

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.

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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