Page 14 - Online Notes 2017 Flipbook_Neat

The estimated life of the fixed assets is as follows:

10 years - guest rooms, function rooms, dining rooms, car parks
5 years - gardens, playgrounds, lighting, internal refurbishment

The pub building itself is not depreciated.

Any capital expenditure comes online half way through the next quarter. For example, if you
indicate that you want to convert an upstairs room into a guest room during the spring, it will be
available to sell for half of the quarter (i.e. for 45 nights rather than for 90). This means you will
need to think ahead – the summer is too late to start planning your beer garden! Note that the
depreciation charge will assume that the room arrived at the start of the quarter.

Outdoor Options

Garden

Providing a garden increases the popularity of your pub across all
groups, though its impact is particularly strong in the summer and
almost non-existent in the winter. Costs £3,000 per unit, with a
maximum of £9,000 over the game.

Playground

Popular with families. Most groups are ambivalent, but some are put off by it. Costs £1,000 per
unit with a maximum of £3,000 over the game.

Car Park

Has a positive impact with most parts of the market. Cost is £5,000
per unit and you can buy up to three units during the game.

External Lighting

When you take over your pub it appears gloomy from the outside (and, frankly, from the inside
too). One unit of external lighting will be adequate, two or three will make it stand out from the
crowd. Cost is £1,000 a time but look out for the running cost as well.

© Virtual Village Pub Limited 2016 12