Hall & Woodhouse Business Partnerships

Run A Hall & Woodhouse Pub (Tenancy) - The Halfway Inn

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Job Location

Norden, United Kingdom

Job Description

This Business Partnership opportunity is available January 2025!



Situated in stunning heathland at the heart of the Isle of Purbeck, the Halfway Inn is the meet point between the historic market town of Wareham, and William the Conqueror’s Corfe Castle. The pub is perfectly positioned amongst a multitude of beautiful, local rural attractions including Corfe Castle, the Blue Pool, Studland National Reserve and the Jurassic Coast. Popular with Nordic walkers, ramblers, cyclists and dog-walkers, the surrounding picturesque countryside offers an array of walking and cycling routes.



There are plenty of activities within driving distance, including Monkey World, Dorset Water Park and Swanage Railway, which are all popular favourites with visitors and families.



This is a great opportunity. Could this be the pub for you?



The pub itself dates back to the 16th century and was originally used as a thatched-roof farmhouse. With a large car park, secluded garden, spacious terrace and a lovely children’s play area, the Halfway is perfect for drinks, lunch or dinner.



The pub is in close proximity to several campsites and during the summer, the children’s play area and large outdoor seating area is perfect for keeping the family entertained. Inside, it has a cosy and traditional feel with characterful nooks and crannies, a wood burner and many original features including wattle and daub walls and flagstone floors.



The Halfway Inn is currently closed and is available early January 2025. It is a perfect opportunity for an experienced operator to run a high volume business in a beautiful location.



This is also a home in great condition with two large bedrooms, one small bedroom, a bathroom, two toilets, a private kitchen and a large living room.



Top Line Figures




  • Rent: 10% of net turnover

  • Initial Investment: minimum £50,000

  • Fair Maintainable Trade* (FMT) Turnover: £655,202 per annum



Full Investment Breakdown




  • Deposit: £7,500

  • Training Fee: £1,200 incl. VAT

  • Change of DPS Fee: £200 incl. VAT

  • Digital Assets Fee: £200 incl. VAT

  • Working Capital: £20,000

  • Fixtures & Fittings: TBC, waiting on valuation (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings.)



Additional Information




  • Estimated Wet/Dry Split: 30%/70%

  • Business Rates: TBC



The trade is very seasonal with extremely high volumes during the summer months. Summer trade mainly consists of families travelling to and from the beaches at Swanage, Studland Bay and the Jurassic Coast, who stop at the pub for drinks and a meal.



Trade volumes are lower in the winter but there is great potential here to increase local guest engagement during the quieter months.



For more details and to submit your interest, please click on Apply.






Location: Norden, GB

Posted Date: 11/29/2024
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Hall & Woodhouse Business Partnerships

Posted

November 29, 2024
UID: 4953798587

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