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The Baker Arms, Bayford
Key Features
- Destination Pub
- Large Car Park
- Hotel Rooms
Summary
The Baker Arms is situated in the quaint village of Bayford 5 minutes from Hertford centre. This pubs benefits from a 2 bar operation, one which is locals drinking and the other side for dining. There is roughly 15 covers in the bar and 40 in the restaurant with plenty of space externally for outside dining in the summer as well as a large car park and kids play area to attract families. This site also has 6 hotel rooms that have previously been charged at £60-90 which provides a high margin earning opportunity on top of the drink and food sales. Due to it’s rural location a destination food offer would be required as this is mostly a drive to location and where the majority of trade will come from. A strong marketing campaign would be required to increase it’s reach as it is surrounded by larger towns.
Costs
Agreement Type
5 Year Tenancy
Annual Rent
£33,000
Deposit
£8,250
Tie
All beer and cider
Barrelage
71
Estimated Annual Net Turnover
£305,663 (30% food, 20% rooms)
Advance Rent
£2,750 Net (plus insurance)
Estimated Fixtures & Fittings
£30,000 (option to be rented)
Estimated Stock & Working Capital
£8,000
Estimated Total Ingoing Costs
£41,500
Estimated Minimum Ingoing Costs
£11,500
Map
Pub Details
Ashendene Road,
Bayford,
Hertfordshire
SG13 8PX
Facilities
Downloads
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