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Hankridge Arms, Hankridge Way, Taunton, Somerset, TA1

POA
Hall and Woodhouse, Dorset
SIZE AVAILABLE

6,103 sq ft

567 sq m

SECTOR

Pub to lease

Lease details

Lease available date:
Ask agent

Key features

  • Beautifully restored stone farmhouse
  • Unique retail and leisure park position and easily accessed from the M5
  • Strong food reputation, inside seating 80
  • Attractive beer garden (30)
  • First floor event space
  • FMT £650K pa
  • Premium fully equipped kitchen
  • Extensive private accommodation
  • Car park (50)

Description

About the pub:

The Hankridge has been lovingly restored from a dilapidated old farmhouse in the 1990's and the guest area divides into two parts; the characterful bar area with a large original fireplace and seating for 30-40 guests, and the restaurant area which contains many historic features and can seat 40-50.

There is a premium fully equipped catering kitchen and a large cellar all on the ground floor. Upstairs is a separately accessed function room and spacious private accommodation. The business is well known in the area, having gained a great reputation for food, so the ideal applicant will be able to demonstrate the ability to work with a premium site and the desire to capitalise and expand upon an already busy offer.

The location:

Riverside, Taunton

The Hankridge Arms sits in the middle of the thriving Hankridge Retail Park and serves a variety of shoppers and business personnel based in the significant number of offices in the immediate area.

The pub is surrounded by the national retail giants of Sainsbury's, Halfords, PC World, Costa, The Range and many others. At the other end of the retail park is a multiplex cinema, ten pin bowling, B&Q, McDonalds, and a Travelodge. Across the road from the retail park is a business park containing many professional offices, a Premier Inn and a Harvester restaurant. All of this is situated just off Junction 25 of the M5, and less than 10 minutes drive from the centre of Taunton.

Could this be the pub for you?

Top Line Figures

Rent: 8.5% of turnover, with a minimum base rent of £47,800
Minimum Initial Investment: £32,000 plus, VAT
Fair Maintainable Trade* (FMT) Turnover: £650,000 per annum net
Annual rent illustration based on FMT: £55,250

Full Investment Breakdown**

Fixtures & Fittings: Existing £52,000 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Illustration of Year 1 Ingoings (excludes rent)

Deposit £7,500 VAT N/A
Working Capital*** £10,000 VAT N/A
Training Fee £1,000 Plus VAT
Change of DPS £250 Plus VAT
Digital Asset Fee £250 Plus VAT

F&F (Outright Purchase Option A) £52,000 Plus VAT
F&F (Purchase Agreement Option B) £13,000 Plus VAT

Total Option A £81,700 Inc VAT
Total Option B £42,700 Inc VAT

Additional Information

Estimated Wet/Dry Split: 25%/75%
Business Rates**** Payable: £11,826 pa
Available From: Spring 2026
Closing Date: 31/10/25

E&OE

Trade

The current business model unusually demonstrates that weekday lunchtimes are some of the busiest sessions of the week, reflecting the Hankridge's unique location. The operation caters to a genuinely eclectic mixture of guests.

"The ideal applicants will be experienced operators able to demonstrate the ability to run a multi-faceted business serving a wide cross-section of guests. We're looking for Business Partners who will be able to market the business effectively, and promote the pub and its offer to the thousands of retail park visitors.

Energy and drive will be major qualities required in running this business, which has the opportunity to trade from breakfast (the Travelodge next door is without a breakfast offer), through the day (for shoppers and business people) and on to late dinners (as there is a cinema and bowling alley in the retail park)."

Izzy Hersom
Business Development Partner

Misrepresentation

*Fair Maintainable Trade (FMT):

FMT is the level of turnover and profit that we believe that the business is capable of delivering if being operated competently. The FMT is usually calculated by the Business Development Partner for the pub to rent, who will produce a shadow profit and loss account for the business which supports the rent. A copy of the shadow profit and loss account will be provided during the recruitment process.

Code of Practice:

Please see our Code of Practice for more information on FMT and rent. The Fair Maintainable Trade is not a guarantee of levels of trade or profit that will be made from the business - we strongly recommend you seek appropriate independent legal and business advice as part of your Business Plan.

**The Full Investment Breakdown:

The Full Investment Breakdown for each public house is higher than the minimum investment we will accept. This is because potential Business Partners with the minimum investment available can still be accepted as we are able to offer them financial support for the rest of the monies.

***Working Capital:

The working capital incorporates the purchase of stock, glassware, loose catering effects and valuer fees - please note the number quoted on this website are based on estimates. The exact costs will be determined on the day you take on the public house by independent valuers and stock takers. Please see our Code of Practice for more information about investment.

****Business Rates Payable:

This figure reflects the current multipliers for 2025/2026 and the 40% hospitality relief, effective until 31/03/2026.

Energy Performance Certificates

EPC 1

Brochures

Hankridge Arms, Hankridge Way, Taunton, Somerset, TA1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Taunton Station1.7 miles

About Hall and Woodhouse, Dorset

The Brewery, Blandford St. Mary, Blandford Forum, DT11 9LS

Hall and Woodhouse are proud to be the leading independent regional brewer in the South of England, boasting an established pub estate of well-maintained pubs in idyllic locations including Dorset, Devon, Somerset, Wiltshire, Hampshire, and West Sussex. Learn more about how to run a pub of your own today and browse pubs available to rent near you. https://www.hall-woodhousepartnerships.co.uk/

We're excited to announce that we have been ranked as the UK's Top Family Brewer in 2023 from The Licensee Index survey results!

Each year, nearly 1,500 Business Partners across the 11 key UK Family Brewers are surveyed by KAM to compile The Licensee Index (TLI). The survey is the industry-leading sentiment tracker for the UK leased and tenanted pub sector. The survey is a useful measure for prospective Business Partners to gauge the strengths of a potential pub company. We were delighted that Hall and Woodhouse were ranked No. 1 out of the Family Brewers in this year's research. We ranked 1st in 42 of the 67 questions asked, and were only outside the top 3 in 11 of those questions. As always, we will take our results as a learning opportunity to continue to develop the ways in which we can further support our Business Partners.

Becoming a Business Partner on a tenancy with Hall and Woodhouse, is an excellent way to run your own pub. With support from a family-owned company that has nearly 250 years' experience in the brewing and hospitality sectors, we'll ensure you are set up for success from the start.

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Disclaimer - Property reference HANKRIDGE. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hall and Woodhouse, Dorset. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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