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Beer Garden
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External Drinking Area
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Smoking Solution
Property details
The Old Globe is located in the centre of the busy suburb of Bedminster. The pub itself is situated on the high street, which is a vibrant area full of bars, pubs and restaurants, and hotels nearby. It’s an area of significant redevelopment and change, new housing, new businesses, and a move away from the value-led high street.
An impressive refurbishment will convert the Old Globe into a premium drinks-led, town centre pub with an on-trend food offer. Inside, the pub will be redecorated but in keeping with an all-new look and feel. Other upgrades throughout the pub such as refurbished and new fixed seat furniture, improved toilets, and installing a new back bar will give the pub a much more premium feel.
Outside the pub, the landlords will add covered booth seating and new festoon lighting. The entire outdoor area will receive a full redecoration, including a new mural. New signage will be also installed, illuminated by additional new lighting.
The pub trading area and facilities post refurbishment will be:
- Main trading area with bar
- 40 internal covers seated - room for vertical drinks
- 30 external covers
- Small food prep area
- SmartDispense
- Exciting garden area to the back of the pub
The private accommodation consists of two double bedrooms, a lounge, a kitchen, and a bathroom.
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Cask Ale
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Team Games
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Pool Area
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Live Entertainment
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Live Sports
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Experienced Operator
Trading style
The pub has an already established reputation. The landlords are building on strong foundations, taking its appeal to the next level and allowing a new operator to build a reputation as one of the best places to meet friends, family, or colleagues for a drink. The new décor, outdoor area, and a welcome range of premium drinks will make this pub stand out from the competition. All the landlords are looking for is the right operator who understands the dynamics of a town centre pub.
Target customers-
When refurbished, the old Globe will appeal to a very broad spectrum of customers, including:
- A range of people who want a great experience with a good range of beers in a warm and comfortable environment
- Town centre professionals looking for a premium pub offering a range of drinks
Offer-
When refurbished, the Old Globe will offer:
- A high-quality, focused range including premium beers
- On-trend pub food including pizza or hot dogs and burgers
- Coffees
- Live sport (especially rugby) and potential for some entertainment
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the Old Globe will have extensive experience in high-street hospitality businesses. They will have a clear vision for their drinks menu, sports offer and marketing strategy 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 the landlords what you can bring to this pubs next chapter.
Key financials
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Reference Number:
8M9JTW / 0020753101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£40,826.00
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Annual Rent:
£28,113.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £28,113
Estimated Annual Turnover £364,647
Deposit £7,028
Estimated Fixtures & Fittings Value £26,298
Estimated Stock Valuation £4,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £40,732
Estimated Minimum Ingoing Costs £40,732
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.