Star Pubs Leased & Tenancy
Location
Alfreton, Derbyshire | United Kingdom
Job description
Pub Overview
The area The Fox & Hounds is a beautiful country food pub, located in Coxbench, near Derby City Centre.
Demographics The pub benefits from being one of 2 pubs found in an area of around 401 adults, but is truly a destination site, and easily accessible from Derby City Centre. The affluent customer base is made up of families, couples, and mature professionals.
The offer Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in maintaining a well thought through food & drinksoffer, and the ability to market the offer online. What would you look to implement in the pub?
The site currently has the ability to drive trade via home cooked food, cask ales and its appealing beer garden in the summer months.
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 destination food hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and the ability to 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…
Features - Catering Kitchen
- Foundation Tenancy
- Car Park
- Cask Ale
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities - Main trading area with bar
- Separate dining room
- 50+ internal covers
- Catering kitchen
- SmartDispense
- Terrace beer garden
- Car Park across the road from the pub
Private Accommodation The private accommodation consists of 3 bedrooms, living room, kitchen and bathroom.
Pub Financials Annual Rent £
21,771
Estimated Annual Turnover £
362,258
Deposit £
5,442
Estimated Fixtures & Fittings Value £
15,000
Estimated Stock Valuation £
10,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
33,942
Estimated Minimum Ingoing Costs £
15,314
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
