WYE HOTEL LOWER BULLINGHAM Wye Hotel, Lower Bullingham, Hereford, , HR2 6EF

At a glance Your agreement: Retail Partnership Tenancy

Potential turnover: £428,000

Guide Rent: £27,000 per annum

• Family-focused pub in a Herefordshire village • A large outdoor drinking area with a children’s play area • Two separate bar areas • Three bedroom private accommodation • Discounts of up to £155 per barrel with an average of £130 per barrel

To talk to someone about this opportunity or for any general enquiries call or email the recruitment team on: Overview of Wye Hotel The Wye Hotel is located in Lower Bullingham, a densely populated and thriving commercial area, on the southern outskirts of Hereford, close to the River Wye. 03333 20 00 36 The property has recently had a major internal refurb, and benefits from an internal and external children’s play area which is ideal for a family dining setting, [email protected] regardless of weather. With a large carpark and easy road access the Wye Hotel has a high amount of passing trade alongside the local community holding the pub in high regard. Looking over the beautiful countryside the Wye Hotel creates the perfect setting for al-fresco dining in the warmer months, therefore it’s desired that the new publican would have a high level of food knowledge and the experience of running a family-focused pub.

For enquiries, call or email the team on:

03333 20 00 36 [email protected] Regional Manager's thoughts on Wye Hotel Key features The Wye Hotel is a family orientated pub, offering great value food and both an internal and external children’s play area. A separate bar area serves the local community, offering a range of beers and lagers. I am looking for an experienced ü Cask Ale publican capable of running a very busy family-focused community pub.

Mike Haley, Regional Manager ü Trade Kitchen

Indoor trading area ü Restaurant Accessed either directly from the car park or from the enclosed rear garden, the main bar has 65 covers arranged in a series of cosy areas on split levels, some with views over the large garden. The Wye Hotel offers plenty of entertainment ü Parking for all ages, with an indoor play area close to the garden entrance, and a smaller bar area for the local community to have a relaxed drink down their local. The Children's Play Area smaller bar area to the left of the servery is equipped with both fixed and loose ü seating for approximately 16 covers. The pub also benefits from a large and fully equipped trade kitchen which is more than capable of meeting the current high- ü Beer Garden volume food offer.

Outdoor trading area 3 Private Bedrooms The Wye Hotel comes with extensive outdoor areas, perfect for the summer months. At the front of the pub there is a walled patio area with seating for around 40 customers. To the rear of the pub there is an enclosed beer garden with a children’s play area and seating for a further 40 customers. Then to the Location right of the pub is a large car park with space for approximately 40 vehicles. Lower Bullingham is a village and in Herefordshire. The Your living accommodation main village is a south eastern suburb of Hereford and the parish The good size private accommodation above the flat comprises of three also extends into the countryside bedrooms, lounge and kitchen area. and takes in the hamlet of Green Crize. The pub is to the south of Our proposed agreement - Tenancy Hereford, less than a mile from the main A49 trunk road. It is Potential turnover surrounded by residential and commercial properties with a large £428,000 per annum housing estate and an industrial This is our estimate of the potential annual turnover of the pub business. It does estate within walking distance. not include the financial benefits of any living accommodation, which you will need to consider. Partnership terms Local competition Guide Rent: £27,000 per annum, payable weekly in advance. Broad Leys, Ross Road, Hereford, HR2 7RP (0.65 mi) Based on discount scheme PARTNERSHIP BAND I. Volunteer Inn, Harold Street, The proposed agreement: Retail Partnership Tenancy Hereford, HR1 2QU (0.71 mi)

Key terms available online here Brewers Arms, Eign Road, Hereford, HR1 2RU (0.74 mi) We will also discuss your purchasing options (Wines, spirits, cask, minerals and Treacle Mine, St Martins Street, flavoured alcoholic beverages) which you can choose all, a combination or none. Hereford, HR2 7RG (0.83 mi) Tie release fees will apply. Victory Inn, St Owen Street, Hereford, HR1 2QD (0.85 mi) Estimated capital start-up £16,750 (excl VAT) Often referred to as ingoing costs. Includes stock & glassware at valuation, cash float and a deposit (calculated as 25% of £27,000), refundable at the end of your agreement dependent on your account being in good order. Up to two weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.

For enquiries, call or email the team on:

03333 20 00 36 [email protected] Estimated fixtures & fitting value £26,000 (excl VAT) To be discussed with the Regional Manager Rateable value £22,500 - For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search Uniform Business Rate April 2018 49.3p () 51.4p (Wales). To establish the rate payable, please contact the relevant Local Authority.

For enquiries, call or email the team on:

03333 20 00 36 [email protected]