Halfway Inn

Norden, Corfe Castle, Wareham, Dorset, BH20 5DU

  • 40
  • 60
  • Asset 1 68

We are delighted to present this beautiful 16th Century thatched pub, nestled in the heart of the Isle of Purbeck and surrounded by stunning heathland. This is an amazing opportunity for an experienced operator to run a pub brimming with history and character, in a prominent roadside location. This Business Partnership opportunity is available early January so apply now!

Key Pub Features

  • Fair Maintainable Trade* (FMT) Net Turnover: £655k per annum
  • Stunning surroundings near the Jurassic coast
  • Prominent roadside location on the busy A351 to Corfe Castle
  • High volume of trade during the summer
  • Large outdoor terrace, along with a secluded garden and play area
  • Characterful interior with a private Garden Room
  • Available early January 2025

Meet the Pub's Business Development Partner.....

“I would be keen to speak with exceptionally experienced hospitality professionals for this fantastic opportunity.

This is a chance for an operator, a couple, or a family with bags of personality, energy, and passion for people and pubs to become part of something very special.”

Scott Rhodes-Ward

Business Development Partner, South West Region

 

Location - Corfe Castle

Situated in stunning heathland at the heart of the Isle of Purbeck, the Halfway Inn is the meet point between the historic market town of Wareham, and William the Conqueror’s Corfe Castle. The pub is perfectly positioned amongst a multitude of beautiful, local rural attractions including Corfe Castle, the Blue Pool, Studland National Reserve and the Jurassic Coast. Popular with Nordic walkers, ramblers, cyclists and dog-walkers, the surrounding picturesque countryside offers an array of walking and cycling routes.

There are plenty of activities within driving distance, including Monkey World, Dorset Water Park and Swanage Railway, which are all popular favourites with visitors and families.

 

About The Pub

We are delighted to present the Halfway Inn, a traditional country pub which sits on the busy A351 and fills up in the summer with tourists travelling to and from the nearby attractions of the stunning Jurassic coast. The pub itself dates back to the 16th century and was originally used as a thatched-roof farmhouse. With a large car park, secluded garden, spacious terrace and a lovely children’s play area, the Halfway is perfect for drinks, lunch or dinner.

The pub is in close proximity to several campsites and during the summer, the children’s play area and large outdoor seating area is perfect for keeping the family entertained. Inside, it has a cosy and traditional feel with characterful nooks and crannies, a wood burner and many original features including wattle and daub walls and flagstone floors.

The Halfway Inn is currently closed due to family commitments and is available early January 2025. It is a perfect opportunity for an experienced operator to run a high volume business in a beautiful location.

Private Accommodation

This is a home in great condition with two large bedrooms, one small bedroom, a bathroom, two toilets, a private kitchen and a large living room.

Bedrooms – 3

Private kitchen – 1

Lounge  – 1

Bathroom – 1

WC – 2

 

Top Line Figures

  • Rent: 10% of net turnover
  • Initial Investment: minimum £50,000
  • Fair Maintainable Trade* (FMT) Turnover: £655,202 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,200 incl. VAT
  • Digital Assets Fee: £200 incl. VAT
  • Working Capital: £20,000
  • Fixtures & Fittings: TBC, waiting on valuation (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings.)

Additional Information

  • Estimated Wet/Dry Split: 30%/70%
  • Business Rates: TBC
  • Available From: Early January 2025

Trade

Last 3 year Volume Beer & Cider - Barrels Wines - Litres Spirits - Litres Soft Drinks - Litres
Current Year 2023-24 50 1260 20 1460
Last Year 2022-23 49 940 20 1600
2 Years Previous 2021-22 70 1160 70 3050

The trade is very seasonal with extremely high volumes during the summer months. Summer trade mainly consists of families travelling to and from the beaches at Swanage, Studland Bay and the Jurassic Coast, who stop at the pub for drinks and a meal.

Trade volumes are lower in the winter but there is great potential here to increase local guest engagement during the quieter months.

 

Useful Links

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.