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GUARANTEED RETAINED ANNUAL SUM

Seagull

Sandpiper Road, Porthcawl, Bridgend, CF36 3UT

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

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Beer Garden

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External Drinking Area

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Car Park

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Restaurant/Dining

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Coastal

Property details

The Seagull Hotel is a community pub sitting within a large housing estate in Porthcawl. The customer base is made up of local diners, drinkers, darts teams, and local social groups. The Seagull is also famous for its weekly Friday night quiz which draws people in from all over the local area.

The dining area has a traditional feel with its wooden beams and wooden bar. Fixed seating in several areas makes it a comfortable environment for customers to enjoy a delicious meal. The Bar area, again has fixed seating around the outside all facing the large screen TV that is great for watching live sport.

The external area has plenty of seating where customers can sit in the sun and watch the world go by. A large car park also makes it a great place for customers to come from far and wide.

The private accommodation comprises two double bedrooms, a lounge, an office, a kitchen and a bathroom.

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Catering Kitchen

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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

There is potential to grow sales through connecting with the local community further and there is a large school in the area that could open up opportunities for a morning breakfast trade. You can also offer large community events that can utilise the external space and there aren’t many branded food venues in the local area so this can be taken advantage of.

The landlords are looking for an experienced community operator who can deliver a company food menu to a high standard. Local knowledge would be beneficial to really drive the community events that the site has the potential to be famous for.

Key financials

Reference Number: PSCFKB / 35201
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

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.

The pub is turning over £10,000 on a 70/30 wet lead split but there is potential to increase the sales by driving extra food and drinks sales.

What’s in it for you?

22% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £25K (released weekly)
Low ingoing costs, deposits starting from £5,000 and £360 legal cost. (*deposits can vary depending on business*)
Accommodation is included with most bills covered, except the council tax & TV License.

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

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