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Archer Astley

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Archer Astley

62, Manchester Road, Manchester, M29 7EJ Pub Code: 2302375101

Pub Code: 2302375101

Foundation Tenancy

Est. Annual Turnover: £597,178

Annual Rent: £30,310

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Established food-led pub in Astley What would you do with this pub to make it a success?

The Area

The Archer is located in the heart of Astley and is a well-regarded community pub, popular with local residents and visiting customers. Its welcoming atmosphere, established reputation and strong links with the local community make it a destination for dining, drinks and social occasions.

Demographics

The pub attracts both local residents and visiting customers and benefits from an established, loyal customer base. Detailed local population and competitor figures have not been provided.

The Offer

The Archer is an established food-led community pub with a reputation for good-value, high-quality home-cooked food and a premium drinks selection. Its current sales mix is approximately 60% food and 40% drinks.

A dedicated dining area provides a focal point for the food offer and can also accommodate functions, private celebrations and community gatherings. A separate informal dining and drinking area offers customers a relaxed space for drinks, light bites and socialising. The front patio and rear beer garden give further opportunities to make the most of outdoor trade.

The opportunity lies in building on the pub’s existing reputation while developing food, drinks, events and community engagement. What would you do to drive trade?

The Ideal Operator

 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 Archer will have extensive experience of running a food-led hospitality business, including overseeing a busy kitchen operation.
  • They will have a strong grasp of margins, food quality, service standards and team leadership, together with local knowledge of Astley and an enthusiasm for building community relationships.
  • They will have a clear vision for developing the food and drinks offer, retaining loyal customers and attracting new visitors, while maintaining the welcoming atmosphere that makes The Archer popular.

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…

  • Foundation Tenancy

  • Car Park

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

  • Two distinct trading areas.
  • Dedicated dining area, also suitable for functions and private events.
  • Informal drinking and casual dining area.
  • Front patio.
  • Rear beer garden.
  • Customer car park with 21 spaces.

Private Accommodation

The private accommodation at the Archer consists of three bedrooms, additional office, lounge, kitchen and bathroom.

Pub Financials Icon

With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.


Indicative entry costs range from**:

£14,025 - £34,077

Annual
Estimated Annual Turnover
£597,178
Annual Rent
£30,310
Entry Costs
Deposit
**Deposit build up from 1 month rent
£7,577**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£15,000**
Stock Valuation
£8,000
Working Capital Required
£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 Β£10,000 un-borrowed funds.

Location:

62, Manchester Road, Manchester, M29 7EJ

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