The Swan Inn Market Place, Sturminster Newton, Dorset, DT10

About The Pub to Rent

The Swan has a prominent and attractive exterior and a spacious L-shaped interior layout, with well defined trading areas. There is a good sized bar area at the front of the pub and an extensive dining area to the rear, which leads out to the lovely landscaped garden.

The comfortable guest rooms are accessed from a central staircase. They are in good decorative order with historic references to the days when Sturminster Newton held the biggest agricultural market in the South of England.

This is a striking, historic building with great character and the added benefit of guest accommodation.

With its prominent central location, the Swan Inn is perfectly placed to capitalise on a good cross section of visitors to Sturminster Newton, an attractive rural market town in North Dorset.

Local market traders operate outside the pub every Monday and there are regular bus services into and out of the town. The licensed trading competition in the town is mainly limited to the White Hart pub (opposite), the Exchange (community and venue site) and the Football Club.

Every September, a hugely popular Cheese Festival is held in the town and there is a well attended carnival every October. This is a good sized pub with guest accommodation that has great business potential for the right operator.

The domestic accommodation comprises 3 good sized bedrooms, a large lounge, a kitchen, office and a bathroom/WC that are all in excellent condition.

There are also two private parking spaces to the rear of the pub.

Bedrooms - 3

Lounge - 1

Private kitchen - 1

Bathrooms - 1

Office - 1

Trade

There is an eclectic demographic of guests for this site and the business benefits from all day trade, with morning coffees, lunches, post-work drinks, guests checking into their accommodation, evening diners and a later drinks trade.

There is significant opportunity here to engage with local guests, and really capitalise on the guest accommodation.

Top Line Figures
Starting Rent: £37,000 with annual CPI adjustments
Initial Investment: £30,000
Fair Maintainable Trade* (FMT) Turnover: £500,000 per annum
Full Investment Breakdown ?
Deposit: £7,500
Training Fee: £1,200 incl. VAT
Digital Assets Fee: £200 incl. VAT
Working Capital: £10,000
Fixtures & Fittings: TBC (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).
Additional Information
Estimated Wet/Dry/Accommodation Split: 55%/25%/20%
Business Rates: Rateable value £36,400. Rates payable pre any discounts £18,163.60
Available From: Immediately

"Successful applicants will need to demonstrate a number of key skills reflecting the varied guest base at the Swan. Ideally I'm looking for experienced operators with a sound understanding of running guest accommodation; good food knowledge and experience; proven customer service skills; and an overall appreciation of the need for targeted marketing, especially through social media. These are all fundamental requirements to fully capitalise on the trade opportunities at this pub.

It is likely that the vacancy will best suit a couple or a partnership, and we will particularly welcome applications from operators with chefing experience."

Scott Rhodes-Ward

Business Development Partner, South West Region