Run a Star Pub - Cannon Guildford - Guildford

The Cannon is located in the town of Guildford. The pub is one of 28 pubs in a catchment area of 6,047 adults but is set apart due to its attractive beer garden.

If you've benefited from running or owning a pub business, or come from a food/hospitality background, we'd love to hear what experience you can bring. The right operator for the pub will have experience in a similar hospitality business. They will have a clear vision for their menu, entertainment and marketing strategy, and the ability to create a memorable experience for their customers. Features

• Foundation Tenancy
• Catering Kitchen
• Outdoor Trade
• Live Sports
• Music Venue
• Private Accommodation
Trading Area & Facilities
• Main trading area with bar
• Separate dining room
• 44 internal covers
• 36 external covers
• Catering kitchen
• Function room
• SmartDispense
• Seated beer garden
Private Accommodation Private accommodation consists of two bedrooms, lounge, kitchen/dining/living room area and bathroom. Pub Financials Pub Financials Icon With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term. Indicative entry costs range from
• :
£10,916 - £20,748 Annual Estimated Annual Turnover £255,761 Annual Rent £16,995 Entry Costs Deposit
• Deposit build up from 1 month rent
£4,248
• Estimated Fixtures & Fittings Value
• Rented fixtures & fittings deal available
£7,000
• Stock Valuation £6,000 Working Capital Required £3,500 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.