“The Grove will suit hands-on operators who are passionate about engaging with the local community to maximise this business and lifestyle opportunity. A flexible approach is key to driving the three income streams and to create that classic village local which is friendly and welcoming to residents.

A good awareness of modern marketing and booking apps is essential for driving occupancy and covers, whilst attention to detail will ensure high levels of repeat bookings and profit conversion.”

Scott Rhodes-Ward

Business Development Partner, South West Region

 

The private accommodation at the Grove comprises 2 large bedrooms, a kitchen, dining room, lounge and office. Both bedrooms are en-suite and the property is laid out to enable separate living areas, if required.

Double bedrooms – 2

Private kitchen – Yes

Lounge – 1

Dining room – 1

Bathrooms – 2

Office – 1

  • Fair Maintainable Trade* (FMT) Net Turnover: £480k per annum, with a rent of £41k pa
  • Classic coaching inn with three income streams
  • 6 well appointed letting rooms
  • Village location on the A30 in an Area of Outstanding Natural Beauty
  • Strong tourism trade, close to Shaftesbury and wedding venues

Top Line Figures

  • Rent: £41,000k per annum
  • Initial Investment: £31,000
  • Fair Maintainable Trade* (FMT) Turnover: £480,801 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,200 incl. VAT
  • Change of DPS Fee: £200 incl. VAT
  • Digital Assets Fee: £200 incl. VAT
  • Working Capital: £5,000
  • Fixtures & Fittings: Estimated £30k (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry/Accommodation Split: 36%/37%/27%
  • Business Rates: RV £20,500, approx £2,600 payable in current financial year
  • Available From: Immediately
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year 2023-24
  • 62
  • 290
  • 40
  • 470
  • Last Year 2022-23
  • 77
  • 900
  • 50
  • 920
  • 2 Years Previous 2021-22
  • 98
  • 960
  • 40
  • 860

Trade
Asset 2

The Grove has several distinct trading patterns; at the core of the business is a strong accommodation trade which enjoys well appointed guest rooms attracting a mixture of business, tourism and wedding guest trade. This market also provides a notable proportion of the food trade, especially during the week, with weekend guests primarily locals and visitors to the area.

The third income stream of this business is from the village regulars who frequently use the welcoming bar as their meeting place.

 


British Institute of Innkeeping:  https://www.bii.org/

British Beer and Pub Association:  https://beerandpub.com/

Pre-Entry Awareness Training (PEAT):  https://www.bii.org/BII/Industry-Advice/PEAT.aspx

Personal Licence:  https://www.gov.uk/government/publications/personal-licence-application–2

More Pubs to Rent: https://www.hall-woodhousepartnerships.co.uk/pubs-for-rent

Misrepresentation

* Fair Maintainable Trade (FMT):

FMT is the level of turnover and profit that we believe that the business is capable of delivering if being operated competently. The FMT is usually calculated by the Business Development Partner for the pub to rent, who will produce a shadow profit and loss account for the business which supports the rent. A copy of the shadow profit and loss account will be provided during the recruitment process.

Code of Practice:

Please see our Code of Practice for more information on FMT and rent. The Fair Maintainable Trade is not a guarantee of levels of trade or profit that will be made from the business – we strongly recommend you seek appropriate independent legal and business advice as part of your Business Plan.

† The Full Investment Breakdown:

The Full Investment Breakdown for each public house is higher than the minimum investment we will accept. This is because potential Business Partners with the minimum investment available can still be accepted as we are able to offer them financial support for the rest of the monies.

Working Capital:

The working capital incorporates the purchase of stock, glassware, loose catering effects and valuer fees – please note the number quoted on this website are based on estimates. The exact costs will be determined on the day you take on the public house by independent valuers and stock takers. Please see our Code of Practice for more information about investment.

Asset 2

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