Rookery Tavern Sandbach
Elton Road, Sandbach, CW11 3NFAgreement Type: Foundation Tenancy
View details for Rookery Tavern Sandbach
Railway Hightown
4, Biddulph Road, Congleton, CW12 3JS
Pub Code: 2301003101
Key Features
- Large Car Park
- Substantial Commercial Kitchen
- Open Plan trading
- Real Fires
- Large external trading area
- Private Accommodation
Est Min Ingoing Costs: £36,676
Annual Rent: £23,745
More Information
This is a well-established premium pub located on a major thoroughfare and opposite a busy station.
What would you do with this pub to make it even more of a success?
The area
The Railway is located in the picturesque market town of Congelton. The town has a population of around 26,900 and is well known for its festivals with over 150 local organisations and groups. There are nearly 7,000 adults living within a 20-minute walk and is positioned within a residential area of predominantly high affluence, making this a lucrative opportunity for the incoming licensee to capitalise on. The Congleton train station is a short distance away, taking only two minutes to walk from the pub.
The pub benefits from being one of 2 pubs found in an area of around 2,000 adults. The Railway appeals to a broad range of customers in the local area as well as being a destination venue for diners. The pub will predominantly appeal to locals that reside within Congelton, however, the car park provides the facility for a wider draw of customers. With the variety on offer in the pub, it will appeal to young families, families with teenagers, couples and mixed friend groups.
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 50:50 food & drinks offer. What would you look to implement in the pub?
The site currently has the ability to drive trade via great traditional pub food, live sports and occasional live entertainment. It offers a selection of popular beers, ciders, wines and spirits, cask ales, and coffees.
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…
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- 70 internal covers
- 30 external covers
- Large commercial kitchen
- Large garden with children’s play area.
- Car Park with 30 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom .
| Annual Rent | £ 23,745 |
| Estimated Annual Turnover | £ 391,583 |
| Deposit | £ 5,936 |
| Estimated Fixtures & Fittings Value | £ 22,240 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 36,676 |
| Estimated Minimum Ingoing Costs | £ 36,676 |
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.
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
Location:
4, Biddulph Road, Congleton, CW12 3JS
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View details for Railway NantwichTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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