Run a Star Pub - Closed Shop Walkley - Sheffield

Pub Overview

The Closed Shop is located in the suburb of Commonside, between Walkley and the centre of Sheffield. Within 10 minutes’ walk of Sheffield University and a 15 minutes’ walk to Sheffield town centre, the pub is surrounded by many houses with a high proportion of students, young professionals and families.

Available on our foundation tenancy agreement. The potential of the Closed Shop lies in introducing a quality pub classic food offer in this bustling community local. The ideal operator for the site will host entertainment nights and community events to keep loyal customers returning.

The site currently has the ability to drive trade via its extensive cask offering, live entertainment, and jukebox. The pub’s raised terrace beer garden has been recently refurbished, ideal for the warmer months.

The Closed Shop offers a selection of popular beers, ciders, wines, spirits and cocktails. Cask ales and their pub classic menu with specials are a big hit. We’re always open to new ideas, what would you do to drive trade?

Required Skills

• Understanding of the local community
• Understanding of how to build a successful business
• Ability to engage with customers from behind the bar

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Features

• Foundation Tenancy
• Catering Kitchen
• Cask Ale
• Outdoor Trade
• Music Venue
• Car Park
• Private Accommodation

Trading Area & Facilities

• Multi levelled trading area.
• Space for separate area for parties/functions (20/25)
• 70+ internal covers
• 50+ external covers
• Fully equipped, fit for purpose kitchen with new equipment
• Large Car Park

Private Accommodation

Private accommodation consists of 1 bedroom, living room, bathroom, kitchen and a storage room.

Pub Financials

Estimated Total Ingoing Costs: £25,044
Estimated Minimum Ingoing Costs: £10,681
Annual Rent: £26,376
Estimated Annual Turnover: £391,824
Deposit: £6,544
Estimated Fixtures & Fittings Value: £10,000
Estimated Stock Valuation: £5,000
Estimated Working Capital: £3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

• Demographics Report
• Energy Performance Certificate