Star Pubs Leased & Tenancy
Location
Sheffield | United Kingdom
Job description
Pub Overview
The area The Holly Bush is located in the town of Sheffield, only a 10-minute drive from the City Centre. The pub is surrounded by residential housing, and next to next to Rivelin park in Sheffield.
Demographics The pub benefits from being one of 2 pubs found in an area of around 4,651 adults. The customer base is made up of elderly couples and mature singles.
The offer Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing the food offer and utilising the pub's outdoor area.
The site currently has the ability to drive trade via it's food and drink over which can be further developed, it's community events and ties to local sports teams, and it's ideal location.
We're always open to new ideas, what would you do to drive trade? 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
- Live Sports
- Car Park
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities Trading areas and facilities: - Main trading area with bar
- Separate dining room
- 40 internal covers
- 50 external covers
- Catering kitchen
- Function room
- SmartDispense
- Large beer garden
- Car park
Private Accommodation Private accommodation consists of bedrooms, kitchen, bathroom and living room.
Pub Financials Annual Rent £
18,621
Estimated Annual Turnover £
302,737
Deposit £
4,655
Estimated Fixtures & Fittings Value £
7,500
Estimated Stock Valuation £
5,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
21,155
Estimated Minimum Ingoing Costs £
10,551
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
