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GUARANTEED RETAINED ANNUAL SUM

Tafarn Morlais

Pontarddulais Road, Llangennech, Llanelli, Carmarthenshire, SA14 8YE

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

Property details

Could you run the Tafarn Morlais in Llangennech, near Llanelli as a self-employed licensee?

The Tafarn Morlais is a great food-led pub and consists of a cozy bar area and a large lounge/dining room both serviced from a well-equipped commercial kitchen.

There is a large car park and a great outside area to the rear of the pub.

The private accommodation consists of one single and two double bedrooms, a lounge a kitchen, and a bathroom.

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Catering Kitchen

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Live Entertainment

Trading style

The pub has an experienced team of staff already in place and a well-established trade. The ideal candidate will have experience running a busy food operation within a pub/hospitality environment and possess a range of leadership skills to drive this business forward. You will need to lead from the front demonstrating exceptional customer service along with strong networking skills to engage with local businesses and organisations to fully exploit the sales potential of this site.

The landlords are looking for operators who can build strong links within the local community and have the drive to boost sales and drive the Tafarn Morlais to reach its full potential.

Key financials

Reference Number: PSCFKB / 33487
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 site currently takes on average £10,000 per week on a 50/50 split but has the potential to achieve higher a week by targeting extra food and drinks sales.

FINANCIAL BREAKDOWN:

A guaranteed annual retained sum of £25k, released weekly,
22% share of weekly wet sales, excluding VAT
Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost.

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

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