Pub Overview

Find out exactly what skills, experience, and qualifications you will need to succeed in this role before applying below. Fantastic opportunity to take over a community focused pub. What would you do with this pub to make it a success? The area: The Crown & Sceptre is located in the town of Taunton, close to. The pub is surrounded by shops, food and retails outlets and mixed housing. Taunton is a bustling, forward looking town with excellent amenities and infrastructure. There is an wonderful selection of independent and High Street shops, distinctive restaurants & cafes. The Crown & Sceptre is a few minutes’ walk from Taunton Train station with main lines to London Paddington, in addition a leisurely stroll to Taunton Somerset Cricket Club. The pub is located on a bustling corner and has strong footfall from local commuters and shoppers. Demographics: The pub benefits from being one of 19 pubs found in an area of around 6,162 adults. The majority customer base is made up of a mix of young and mature adults of medium income. The offer: Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through 30:70 food & drinks offer. What food & drinks would you look to implement in the pub? The site currently has the ability to drive trade via, pub games machines and selection of pubs games, such as pool. It offers a selection of a pub classic menu, and popular beers, ciders, wines and spirits. We’re always open to new ideas, what would you do to drive trade? If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the pub will have previous experience in a similar hospitality business. They will have a clear vision for their marketing strategy and food & drinks menu and can create a memorable experience for their customers. If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter... Features Foundation Tenancy

Catering Kitchen

Car Park

Private Accommodation

Trading Area & Facilities Main trading area with bar Separate raised dining area 40 internal covers Small kitchen Car park for 6 cars

Private Accommodation Private accommodation consists of two bedrooms, a living room, kitchen, and bathroom. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £18,984 Estimated Minimum Ingoing Costs £11,168 Annual Rent £20,017 Estimated Annual Turnover £327,389 Deposit £5,004 Estimated Fixtures & Fittings Value £4,480 Estimated Stock Valuation £6,000 Estimated Working Capital £3,500 The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT. Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms. The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. Downloads Demographics Report Download arrow Energy Performance Certificate Download arrow