Shears Inn

Cadley Road, Collingbourne Ducis, Marlborough, Wiltshire, SN8 3ED
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Letting Details

Description and Trading Style

The Shears Inn is a traditional inn, catering for visitors and locals alike. With the benefit of the well appointed letting bedrooms, The Shears can draw from a wide market for both mid week and weekend bookings. Food ca be both formal and informal and the bar retains a delightful pub feel.

Location and Local Amenities

Collingbourne Ducis is a village on the A338 between Marlborough and Salisbury, not far from the A303. the small town of Tidworth is close by, and Marlborough and Hungerford are both a short drive away. There is a shop and a primary school in the village.

Accommodation

Trade: Bar (30 covers), restaurant areas (50 covers), 6 en suite letting rooms (4 doubles and 2 family), patio and garden with BBQ (40 covers), kitchen (outside walk in fridge), cellar, stores, car park and WC's including disabled.
Private: 2 double bedrooms, sitting room/kitchen area, landing area/office and bathroom.

Current and Future Markets

The pub is currently closed, but previously had enjoyed food trade from far and wide. Future operators would wish to develop the food reputation, enhance the bar feel, and market the letting rooms.

Requirements

We seek experienced applicants with a strong food offer who have a good ability to market themselves to a broad customer base. Applicants must have or be able to apply for a personal licence.

Estimated Ingoings

Circa £14,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware, loose goods and training deposit. Fixtures & fittings are circa £13,000 (excl Vat) and working capital is circa £5,625.

Trade Volumes (FOT=Free of Tie) 2014 2015 2016 2017
Draught Beer and Cider (36 gallon units) 41.48 51.76 50.60 49.48
Packaged (litres) FOT 153.46 319.20 319.52
Minerals (10 litres) FOT 29.92 196.54 183.54
Spirits (litres) FOT FOT FOT FOT
Wines (litres) FOT FOT FOT FOT

Estimated Turnover

You will need to estimate the turnover you expect from the pub. The current barrelage is given to assist you with calculations, but you need to estimate the food sales.

Guide Rent

Headline rent £45,000 per annum payable fortnightly in advance by direct debit. Retail Price Indexation applies to rents.

Terms

Five year renewable tenancy agreements with an additional service charge that covers property insurance, servicing of heating and cellar cooling equipment etc. There is a full wet tie unless agreed otherwise.

Rateable value

Draft 2017 figure £20,500. Please contact the local authority to find out actual rates payable.

Licenses & Permits

Sale of alcohol by retail for consumption on and off the premises.

Permitted hours

Mon - Sat: 10.00am - 23.00pm; Sun: Noon - 22.30pm.

Current Offerings

Serves Food
Hold a party 
Stay the night 
Places to Walk
Garden / Patio
Family friendly
Disabled access 
Park the car
Wifi access 

Current Opening Times

CURRENTLY CLOSED