Wayfarers
296 London Road, Kettering, Northants, NN15 6DX
Profit Potential: £ P/A
3 Year Standard Tenancy
Sorry but we’ve found a great licensee to run The Wayfarers but worry not, click here to see other great opportunities with Everards Brewery Ltd.
The Wayfarers is a large, detached pub in excellent condition which is situated in a densely populated area on a main road entering the heart of Kettering.
Benefiting from its central location, the Wayfarers is popular with local sports teams and the local community. We’re looking for great hosts who can provide lots of activity and maximise this pub’s potential.
The Opportunity
Sorry but we’ve found a great licensee to run The Wayfarers but worry not, click here to see other great opportunities with Everards Brewery Ltd.
The Wayfarers trades all day, every day and has a good drinks led trade. This is an ideal opportunity for someone who has a good local knowledge and understanding of Kettering, with a view to introducing a food offer at the pub. There is also a substantially sized beer garden featuring play equipment and a small rear car park. In addition there is a 120 capacity function room with it’s own private bar which provides lots of opportunity to serve the needs of the local community.
To find out more information register your details with our Recruitment Team call 0800 056 4111 or speak direct to the Business Development Manager for this pub, Steve Russell, on 07711 436534.
Financial Information
Profit Potential
We anticipate that a tenant could earn £ net profit from this site per year.
Turnover
FMT stands for Fair Maintainable Trade - please click here for a full definition of this term,
Drinks
| FMT | £0 |
|---|---|
| Estimated Current (net) | £0 |
Food
| FMT | £0 |
|---|---|
| Estimated Current (net) | £0 |
Machines
| FMT | £0 |
|---|---|
| Estimated Current (net) | £0 |
Level of Investment
This is a one-off payment made at the start of the tenancy agreement.
All figures are estimates and exclude VAT.
| Fixtures & Fittings | £0 |
|---|---|
| Stock & Glassware | £0 |
| Working Capital | £0 |
| Trading Deposit | £0 |
| Valuer & Stocktaking | £0 |
| Total | £ |
Rates
These can be checked with the local rating office. We encourage licensees to challenge rates and use a specialist to assist.
| Rateable value | 0 |
|---|
Rent
The rent has been calculated using the FMT turnover that we could anticipate from the site. All Everards rents are linked to RPI so may increase or decrease in future years.
| Rent required for this site | 0 |
|---|
Interested? Call us on 0800 056 4111 or enquire online »
Interested? Call us on 0800 056 4111 or enquire online »
Public & Private Areas
Sorry but we’ve found a great licensee to run The Wayfarers but worry not, click here to see other great opportunities with Everards Brewery Ltd.
The public areas compromise of:
- Lounge
- Bar
- Kitchen
- Garden
- Function room
- Car Park
- Further Outbuildings
The private accommodation features:
- 3 bedrooms
- Kitchen/dining room
- Bathroom
Location
The Wayfarers is placed conveniently along a main thoroughfare within Kettering. Kettering has a large commuter population due to easy access to East Midlands rail network.Popular local attractions range from The Manor House Museum, Newlands Shopping Centre and Wicksteed Park, all located within its vacinity.
Kettering’s economy was built on the boot and shoe industry With the arrival of railways in the 19th century, industries such as engineering and clothing grew up. The clothing manufacturer Aquascutum built its first factory here in 1909. Now Kettering’s economy is based on service and distribution industries due to its central location and transport links. A large and growing commuter population takes advantage of Kettering’s position on the East Midlands Trains railway.
* This information is generated from our assessment of Fair Maintainable Trade (FMT) at Wayfarers and is based on certain assumptions and information provided by our licensees (to be disclosed on request). FMT is the level of turnover we would expect the pub to achieve within its market and this is assessed in line with good industry practice and relevant accountancy standards.
Wherever possible we have also included the pub's current trading information as at 24th April 2010 in addition to FMT. This is taken from our sales information (barrelage) and information from the licensees such as their trading information and cost base.
We would expect you to use the FMT information to help form the financial element of your business plan. These figures above are an estimate based on FMT and you may think that you can exceed or conversely not achieve these. As this stage we would strongly recommend that you take independent financial advice to help you form a budgeted profit and loss statement.
This information is not intended to amount to advice, a statement of fact, a guarantee, a representation, a condition or a warranty on which reliance should be placed but is our opinion only. We therefore, to the extent permitted by law, disclaim all liability and responsibility arising from any reliance placed on such information by you or anyone informed of its contents.
You are advised to carry out your own financial investigations and inspections into the pub to satisfy yourself as to the correctness of the above information, whether or not you can achieve these figures and as to the trading potential of this pub. You will be given a shadow profit and loss account and other details of the pub when you make a formal enquiry – this will be given within our Code of Practice which also contains other details about Everards.
Historic information is not an indicator of future performance of a pub and you should bear this in mind in your assessment.
[This information does not constitute any part of an offer or a contract and any acquisition of a pub by you is subject to our terms and conditions of agreement].