STAR & GARTER BUSINESS APPLICATION PROCESS BUSINESS, FINANCE & MARKETING PLAN & 2ND INTERVIEW OPPORTUNITY PERSONAL LICENCE If your initial interview is successful, we’ll ask If you’re planning to run a pub you’ll need a you to prepare a business plan for the pub for Personal Licence. If you don’t already have presentation at a 2nd interview. You’ll need one, you should start making enquiries to to include your ideas for developing the pub’s Star & Garter take the one day course and exam to get the potential and must also include the source of TO LET funding for purchasing the business and any Award for Personal Licence Holders (APLH). Star & Garter,The Green, Chelveston, developments that may be needed. For information on getting a Personal Licence NN9 6AJ and training courses available, please look at www.charleswellspubs.co.uk/ www.charleswells.co.uk or phone us for the APPOINTMENT pubs/opportunities relevant details. If your application is successful, an offer will be made and confirmed in writing. This ESTIMATED COSTS PEAT will include the legal position or ‘Heads of Total estimated ingoing costs £24,950 You will also need to complete the online Terms’ of the appropriate agreement. You’ll BII Pre-Entry Awareness Training (PEAT) be expected to attend our five day retailer Annual rent £25,000 pa course, which has been introduced to help induction course (CRISP). This will help prepare new licensees for taking on their prepare you for your new business venture BE PART OF A WINNING TEAM own pub. Applicants will be asked to provide and you’ll meet a number of key Charles evidence that they have completed the Wells staff. If this is your first tenanted or The Star & Garter course before they can be offered a pub. leased pub, we also offer the chance to spend is a Charles Wells pub Details can be found online on the BII website time with one of our experienced retailers in at www.bii.org/peat their pub. APPLICATION FORM BUSINESS SUPPORT To make an application for this business Charles Wells provides a high level of opportunity, please complete an application business support, some of which will be THE STAR & GARTER HIGHLIGHTS form and return it to us as quickly as possible. provided through the Monthly Service • Traditional village ‘local’ You can apply online, by post or by calling Charge. with a strong reputation Philippa Stanbridge on 01234 244423 or via • AWP Consultancy PUB OVERVIEW email at [email protected] • Short term loans for business purposes • Attractive and prominent Please fill in as fully as possible and give us A centrepiece of village life in Chelveston, the Star • Technical Services property on busy B645 & Garter has an integral part of its local community a call if you’ve any queries. • Accountancy support / stocktaking for over 300 years. This stone-built, two-roomed • Fully equipped commercial listed building features a seated area to the front • Payroll support INITIAL INTERVIEW kitchen with established food trade of the pub as well as a garden to the rear offering • Training courses 44 additional covers to take full advantage of the When we’ve had a chance to consider your • Fair Maintainable Profit potential of application, you may be invited to attend an • Wine List Planning sunnier months. A car park to the rear of the pub is • Licensing £26,891, plus gaming machine income complemented by ample parking to the front next initial interview. This will give you and Charles to the small green. Wells the chance to learn more about each • Facilities and Compliance review • Payment plan available for The pub has strong reputation for its food offer other. You will also have the opportunity to • Central point of contact fixtures and fittings amongst both the villagers of Chelveston and ask any questions you have. through customer helpdesk residents of nearby Wellingborough; its excellent RETAIL DEVELOPMENT MANAGER menu is complemented by an ever-evolving selection of cask ales, wine, spirits and soft drinks. MISREPRESENTATION ACT 1967 The RDM is Chris Reed All these elements, combined with the pub’s regular Charles Wells Ltd gives notice that the contents of these particulars are believed to be correct but are given without responsibility who can be contacted direct on events programme, combine to make the Star & and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give 07817 016987 Garter a golden opportunity for the right operator. representation of warranty to this property.

Charles Wells, The Eagle Brewery, Havelock Street, Bedford MK40 4LU Charles Wells, The Eagle Brewery, Havelock Street, Bedford MK40 4LU 01234 244423 www.charleswells.co.uk 01234 244423 www.charleswells.co.uk STAR & GARTER STAR & GARTER

BUSINESS POTENTIAL Month and Year Total volume Barrels Composite ANTICIPATED INVESTMENT of MAT figures Brewers barrels = Beer and Stout Barrels • The Pub needs to continue with the great 09/2018 36 gallons Cider, wines, spirits, REQUIRED FAB’s and minerals customer service, to maintain the current trade We estimate the investment required for this pub Moving Annual 231 201 31 levels. The Fair Maintainable Trade is £7,100 gross Turnover would be as follows: per week, with a wet food split of 75/25 • The pub is currently trading higher than The Fair Last Year 234 181 52 Security deposit in the region of £6,250 Maintainable Trade, and it will be important for the Paid in advance to Charles Wells Pub Company and Previous year 215 167 49 held to cover credit and rental charges. Note - If the applicants to protect this trade. The Potential Fair business is to be run as a limited company, personal Maintainable Profit is £26,891. guarantors from each company director are required. The Volume Notes Full Tie bond specified is for a sole trader agreement. If its below £10,000 it will rise to that amount for a limited company. SUITABLE APPLICANTS AGREEMENT OFFERED Fixtures and fittings estimated valuation £18,000 The Star & Garter would benefit from an operator (paid to the outgoing licensee via the valuer at least 7 days in with catering know-how, focused on delivering A 3-5 year fixed term or renewable tenancy advance) to purchase e.g. carpets, curtains, tables and chairs, consistently great customer service and building agreement is offered with a full tie to buy all drinks kitchen equipment. The successful applicant must rely upon (beer,wines, spirits, minerals, stouts and ciders) the valuation provided by their appointed licensed trade valuer on the pub’s centuries-old role at the heart of in relation to the actual sum to be paid. Chelveston village life. Marketing knowledge from Charles Wells Ltd. A long term fully insuring will be essential in broadening awareness of the and repairing lease agreement would be considered Stock and glassware in the region of £4,500 pub amongst a wider regional demographic to for a well-funded and experienced applicant. (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock. complement its strong local following. PREMISES LICENCE Valuers fees in the region of £800 (paid to valuer) for valuing fixtures and fittings. There is a current premises license in place for LICENSING LAYOUT alcohol and regulated entertainment, with licensing Training course fees per person £500 hours being 11am to 12am Monday to Saturday and (payable to Charles Wells Pub Company) 5 day CRISP induction 12 noon to 11pm on Sunday. A copy of the license course mandatory for all licensees. NB £800 for two people. will be made available for applicants to view. Administration fee in the region of £400 (payable to Charles Wells Pub Company in advance) to cover LOCATION BUSINESS RATES e.g. premises licence changes, solicitors fees and agreement. Star & Garter is in a prominent position in the centre Information about current business rates can be Minimum working capital required £10,000 of Chelveston on the busy B645 from found at www.voa.gov.uk We always encourage (4 miles) to Kimbolton (8 miles). The population Advance rent in the region of (usually 1 month) £2,500 our licensees to challenge rates by using Gerald of Chelveston is 541, Therefore there is a need to Eve, our nominated specialist. target customers from the surrounding villages, APPROXIMATE TOTAL £24,950 (Stanwick, and , to name Excludes fixtures and fittings, payment of which can be spread ENERGY PERFORMANCE over the period of the agreement. Please note that these are a few) as a Community Destination Wet pub with estimated figures, given as a guide only. a significant food offering. Chelveston Air Base is 2 miles away also a potential for customers, with ONGOING COSTS reunions and Americans touring the area and visiting the RAF monument just beside the pub Rent £25,000 pa (payable monthly in advance).

PROPERTY Service charge in the region of £2,007 pa payable monthly, to include: Cellar cooling service, Buildings • The Star & Garter is a traditional stone-built insurance, Fire Compliance, Boiler maintenance (tenancies building with slate tiled roof. only), NICEIC Electrical Test (tenancies only). • The Pub is a single bar operation with a separate raised area that is prominently used for food. Accountancy services in the region of £2,600 pa fees for nominated accountant (payable monthly). There are 32 covers in the main area, and additional seating in the bar Stocktaking services in the region of £1,560 pa • The accommodation is situated on the first floor we recommend all licensees should have six professional stocktakes per annum. and benefits from 2 double bedrooms, bathroom with shower and toilet, lounge and a fitted kitchen Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

DISCLAIMER This financial data is provided by Charles Wells Limited as general information and for illustrative purposes only. It should not be relied upon as a source of financial or legal advice either by you or by any third party. We cannot accept any responsibility to you or to anyone else for any losses arising from reliance on information or data contained within this document.