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GUARANTEED RETAINED ANNUAL SUM

Rev James

Borough Road, Lougher, Swansea, SA4 6RZ

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

Nestled in the heart of Lougher, Swansea, the traditional feeling Reverend James emits is warmth and cosiness that has made it a favourite for locals and visitors to the area alike.

The dining area offers a mixture of fixed and movable furniture with options to cater for larger bookings or couples. The front bar is light and airy and is a local favourite with its high tables and bar stools.

The stunning garden at the rear does come into its own on sunny days when people can come and relax into the evening. This pub also has a large car park to the side and bench seating at the front where customers can sit and watch the world go by.

The private accommodation consists of two double bedrooms, a living room an office a kitchen and a bathroom.

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Catering Kitchen

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Live Entertainment

Trading style

The Rev James has a core regular trade from locals and visitors to the area. A large housing estate is being built in nearby Gorseinon, which will positively impact sales.

The landlords are looking for a strong operator who can deliver company menu standards and drive wet sales through interaction in the community and creating a strong rhythm of the week. Local knowledge would be an advantage but not a must.

Key financials

Reference Number: PSCFKB / 34985
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 note that the energy performance certificate is available from the landlord.

The pub trades at between £8,000 – £10,000 per week on a 60/40 wet lead split but has the potential to increase overall sales by targeting extra food and drinks sales.

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

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MISREPRESENTATION ACT 1967

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