Star Pubs Leased & Tenancy
Location
Doncaster, South Yorkshire | United Kingdom
Job description
Pub Overview
Established Community Pub The Royal Hotel is a traditional community pub on the high street in Norton, Doncaster. The pub is a two-bar operation, allowing for plenty of space for both drinkers and diners. It has a good-sized catering kitchen and large beer garden, complete with a child's play area.
The pub is currently known for its home cooked pub food and welcoming atmosphere. The next operator should maintain and build on the pub's drinks trade. Community events and a good food menu will be key to the pub's success.
Passionate Operator Wanted! Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.
• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with 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…
Features - Catering Kitchen
- Childrens Play Area
- Foundation Tenancy
- Pub Games
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities The Royal Hotel is a two-room operation. It has ample space for both drinking and dining customers. The catering kitchen on site is a good size and in good condition.
Outside, the pub holds a prominent position on the local high street. It has a patio, beer garden and child's play area.
Private Accommodation Private accommodation consists of two bedrooms, living room, bathroom and kitchen.
Pub Financials Annual Rent £
16,019
Estimated Annual Turnover £
266,978
Deposit £
4,005
Estimated Fixtures & Fittings Value £
9,050
Estimated Stock Valuation £
2,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
18,555
Estimated Minimum Ingoing Costs £
6,835
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.
Job tags
Salary
