FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Smoking Solution
FindMyPub.com
Letting Rooms
FindMyPub.com
Restaurant/Dining
Property details
Well located in the market town of Towcester, The Monk & Tipster is perfectly placed to allow the venue to serve a large number of locals. The local area is populated with 3,000 people within a 10-minute drive away that consists of high affluence demographics. There is a small number of competitors in the immediate area, giving the pub great potential once refurbished to be the go-to destination for locals and visitors to the area. The site is close to Towcester Racetrack.
The pub already has some fantastic natural finishes including timber floors, wooden beams, and real fireplaces. The new refurbishment will enhance these features and add to them, helping the venue appeal to a broader range of customers. Whether it's locals looking to relax in the bar, visitors enjoying a day out needing a place to stay, or couples wanting to share a delicious meal, The Monk & Tipster will offer something for every type of customer.
The Monk & Tipster will be undergoing a refurbishment which will cover the interior and exterior of the pub. The pub trading area and facilities post refurbishment will be the main trading area with a bar a separate dining room, 40 internal covers, a catering kitchen, smartDispense, and 9 letting rooms.
There is a patioed outside trading area.
The private accommodation consists of two bedrooms, a lounge, a kitchen, and a bathroom.
FindMyPub.com
Catering Kitchen
FindMyPub.com
Experienced Operator
Trading style
A wide range of consumers will attract the local community looking for a great space to enjoy drinks or some traditional pub food with a warm, welcoming atmosphere. Everyone from the surrounding community and due to its curbside appeal, should also be able to feed off the daily passing trade.
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 Monk & Tipster will be comfortable both behind the bar and in the Kitchen and have a great entrepreneurial spirit. They will have a clear vision for their food and drinks menu, marketing strategy, and entertainment offer 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
-
Reference Number:
8M9JTW / 0091880101
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£42,245.00
-
Annual Rent:
£22,981.00
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 £22,981
Estimated Annual Turnover £342,701
Deposit £5,745
Estimated Fixtures & Fittings Value £25,000
Estimated Stock Valuation £8,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £42,245
Estimated Minimum Ingoing Costs £42,245
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.