Run a Star Pub - Walkley Cottage Inn Walkley - Sheffield

Star Pubs Leased & Tenancy; Sheffield; On-site; GBP 11,000 - 27,000; Full time

Job description

Pub Overview

A community food lead pub that boasts a large beer garden and established reputation for fantastic Sunday roasts and weekday main menu with specials.

Fantastic opportunity to take over a community focused pub.

What would you do with this pub to make it a success?

The area

The Walkley Cottage is located within an affluent suburb of Sheffield. It is an established community pub known for home cooked pub grub and a welcoming atmosphere.

Demographics

The pub benefits from being one of 4 pubs found in an area of around 6,965 adults. The customer base is made up of mixed age group of adults.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in maintaining a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, and can create a memorable experience for their customers.

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...

1. Understanding of the local community
2. You know what it takes to build a successful business

Features

• Foundation Tenancy
• Function Room
• Catering Kitchen
• Pub Games
• Outdoor Trade
• Car Park
• Private Accommodation

Trading Area & Facilities

• Main trading area with bar
• Separate dining room
• 60 internal covers
• 30 external covers
• Small kitchen
• Function space
• Smart Dispense
• Large garden
• Car park with 12 spaces
• Pool table

Private Accommodation

Private accommodation consists of a bathroom, 4 bedrooms, a living room, kitchen and office.

Pub Financials

Estimated Total Ingoing Costs: £26,518

Estimated Minimum Ingoing Costs: £11,839

Annual Rent: £28,072

Estimated Annual Turnover: £506,979

Deposit: £7,018

Estimated Fixtures & Fittings Value: £10,000

Estimated Stock Valuation: £6,000

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 Download
• Energy Performance Certificate Download