Property Description
Great pub in the heart of Bodmin town centre.
What would you do with this pub to make it even more of a success?
The Area
The Hole in the Wall is located in the town of Bodmin, Cornwall. The pub is centrally located and surrounded by shops, food and retail outlets, and mixed housing.
Bodmin is popular with visitors, and the Hole in the Wall benefits from a prime location close to many of the town’s main tourist attractions, including Bodmin Gaol and the Military Museum.
Demographics
The pub benefits from being in a town centre location and is one of 12 pubs found in an area of around 4,297 adults. The customer base is mainly made up of mature adults on medium incomes, as well as visitors to the area.
The Offer
Available on our Foundation Tenancy Agreement. Click here for more information on this agreement.
The potential of this pub lies in developing the business, which currently operates as a wet-led offer with a strong focus on cask ales. The pub is also SIBA accredited.
The site has the opportunity to drive trade by making the most of social media, maintaining its cask ale offer and maximising the use of its large outside trading area. It currently offers a great selection of cask ales, popular beers, ciders, wines, spirits and coffees.
We’re always open to new ideas. What would you do to drive trade?
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their drinks offer and marketing strategy, and be able to create a memorable experience for customers.
A good understanding of the local community would also be beneficial.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...
Main trading area with bar
Circa 70 internal covers
Circa 40 external covers
Function room upstairs
HEINEKEN SmartDispense
Large paved outside trading area
Located next to a public car park
Private accommodation consists of two bedrooms, a living room, kitchen and bathroom.
Premises licence available on request.
Agreement Type
Foundation Tenancy
Property Facilities
Function Room
Outdoor Trade
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* 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
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
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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