HIGH CORNER LLANHARAN High Corner, 1A the Square, Llanharan, Pontyclun, Rhondda Cynon Taff, CF72 9NR
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HIGH CORNER LLANHARAN High Corner, 1A The Square, Llanharan, Pontyclun, Rhondda Cynon Taff, CF72 9NR At a glance Your agreement: Retail Partnership Tenancy Potential turnover: £423,000 Introductory Rent: £19,000 per annum • Traditional village pub in a prominent location • Comprises four en-suite letting rooms • Large, open plan internal trading area • Conservatory is perfect opportunity for holding private functions • Three bedroomed private quarters, ideal for a family To talk to someone about this opportunity or for any general enquiries call or email the recruitment Overview of High Corner team on: The High Corner is a large pub occupying a very prominent position in the village of Llanharan, some seven miles from the town of Bridgend. The pub comprises a 03333 20 00 36 single bar servery with drinking and dining throughout. The main trading area has raised seating so customers can enjoy the pub separately, whether it’s a quiet [email protected] drink, bite to eat or catching up with friends. The conservatory offers scope to provide a space for private functions and can accommodate up to 40 covers. The pub is served by a well-equipped trade kitchen. The pub also benefits from four en-suite letting rooms, which are in good order. The High Corner represents an excellent opportunity for a publican that can deliver excellent standards and build upon the pub’s current reputation. For enquiries, call or email the team on: 03333 20 00 36 [email protected] Regional Manager's thoughts on High Corner Key features The High Corner attracts both local and passing trade and is developing an excellent reputation for good quality food. The pub requires an experienced, food-led publican to continue the pub’s success and drive the pub business ü Cask Ale forward, utilising all aspects of the pub. Matthew Venables, Regional Manager ü Trade Kitchen Indoor trading area ü Restaurant The internal trading area comprises a single bar, spacious lounge and dining area accommodating up to 70 covers and a conservatory, accommodating a up to 40 covers. The conservatory could also serve as a function room or private ü Letting Rooms dining area. The décor is traditional in style, with a mixture of fixed and loose seating. The trade kitchen is fully equipped and capable of supporting a quality Parking food offer. The pub boasts four en-suite letting rooms, three doubles and one ü family room, all of which are in good order. Outdoor trading area ü Pub Games Parking is available to the front, side and rear of the pub, with space for up to 30 Function Room vehicles. Although there is no designated beer garden, there is a small grass ü bank to the side of the pub and patio areas that could accommodate a handful of picnic benches, if the new publican wished. 3 Private Bedrooms Your living accommodation The private accommodation comprises three bedrooms, a lounge, kitchen and bathroom. Location The High Corner commands a Our proposed agreement - Tenancy very prominent position in the village of Llanharan, some seven Potential turnover miles from the town of Bridgend. Llanharan is a small village in the £423,000 per annum borough of Rhonda Cynon Taf, This is our estimate of the potential annual turnover of the pub business. It does Wales. It is close to the M4 not include the financial benefits of any living accommodation, which you will motorway, Bridgend, Llantrisant need to consider. and Talbot Green, which are all within five miles of the town. Partnership terms Introductory Rent: £19,000 per annum, payable weekly in advance. Based on discount scheme PARTNERSHIP BAND H. Local competition This pub needs personal investment of time, effort and skills to realise its Turberville Hotel, Chapel Road, potential. Our vision for this pub is a business capable of sustaining a rent of Pontyclun, CF72 9QA (0.09 mi) £34,000 per annum. Bryncae Arms, Bridgend Road, The proposed agreement: Retail Partnership Tenancy Pontyclun, CF72 9RP (0.73 mi) Mountain Hare, Brynna Road, Key terms available online here Bridgend, CF35 6PG (1.53 mi) We will also discuss your purchasing options (Wines, spirits, cask, minerals and Bear Inn, Main Road, Pontyclun, flavoured alcoholic beverages) which you can choose all, a combination or none. CF72 9LH (1.76 mi) Tie release fees will apply. Fox & Hounds Inn, Llanharan Road, Pontyclun, CF72 9LH (1.76 Estimated capital start-up mi) £15,500 (excl VAT) Often referred to as ingoing costs. Includes stock & glassware at valuation, cash float and a deposit (calculated as 25% of £19,000), 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 £20,000 (excl VAT) To be discussed with the Regional Manager Rateable value £27,250 - 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 (England) 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].