Fullers Tenancy

Pub Tenancy Opportunity - Ryde

Location
Ryde, Isle of Wight
Salary
Self Employed - Uncapped Earnings
Posted
14 Nov 2019
Closes
11 Dec 2019
Job Type
Full Time, Live in

Pub Tenancy Opportunity - The Cedars - Wootton Bridge, Ryde

TOP LINE FIGURES

Rent: £TBC

Ingoing Costs: Approx. £19,000 + F&F

Overview

A warm welcome greets you at The Cedars in Ryde.  Traditional in style The Cedars has 2 bars and a lovely garden dominating two sides of the pub.offering great respite to those tirelessly exploring the Isle of Wight.

The Cedars is located in the pretty village of Wootton on the main road between Ryde and Newport on the Isle of Wight and close to the main Wightlink ferry terminal of Fishbourne.  

Private Accommodation

3 Bedrooms, Lounge, Bathroom, Kitchen, Office, Shower Room

Outside

There is a large enclosed garden with at least 8 x 6 seater picnic benches and space for more, also a children's play area.

There is further external seating to the front and sides of the pub and a large smoking shelter with seating for 24

Car park with space for 20+ cars

Fuller's Tenancy

The property is to be let on a three year tenancy and is Landlord and Tenant Act protected. Rent £TBC per annum, subject to a three-year review pattern and annual increases in line with the Retail Price Index. There is a full tie on all wet products. Machine income is shared 50/50 between the tenant and Fuller’s. A Security Deposit of £8,000 is required and is included in the capital required figure. The tenancy has no minimum purchase requirement and no volume penalty. Further details will be discussed at interview.

Applicant Procedure

Applicants are required to complete and return a Fuller's Application Form. A business plan, cash flow forecast and evidence of funding will be required at interview.

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