Northwood Inn Stoke-On-Trent
55 Botany Bay Road, Stoke On Trent, ST1 6PUAgreement Type: Foundation Tenancy
View details for Northwood Inn Stoke-On-Trent
Birches Head Stoke On Trent
Birches Head Road, Stoke On Trent, ST1 6LL
Pub Code: 2301887101
Key Features
- Function Room
- Catering Facilities
- Bowling Green
- Private Accommodation
Est Min Ingoing Costs: £9,251
Annual Rent: £21,009
More Information
Ideal opportunity to take on this already thriving business
The Birches Head sits among a mix of residential housing and commercial businesses. With almost 6,000 adults living within a ten-minute walk, this is an ideal location for a pub business.
This large Victorian property is a thriving community pub which is one of the busiest in the area. It has a good reputation for quality food, supplemented by strong drink sales. The function room is well-used by the locals. Hosting a series of community events as well as private functions.
The Birches Head sits among a mix of residential housing and commercial businesses. With almost 6,000 adults living within a ten-minute walk, this is an ideal location for a pub business.
This large Victorian property is a thriving community pub which is one of the busiest in the area. It has a good reputation for quality food, supplemented by strong drink sales. The function room is well-used by the locals. Hosting a series of community events as well as private functions.
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 community led hospitality business. They will have a clear vision for their food & drinks menu and can 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…
Trading Area & Facilities
The Birches Head in Stoke is very traditional. It has a variety of trading areas surrounding the bar servery in the centre of the pub. There is ample room for seating and space for diners looking to enjoy a meal.
The separate function room has its own bar. The bar has a separate games area which hosts a pool table.
Outside there are some picnic benches to the front of the property. Further outdoor trading is at the back of the pub where you can watch a game of bowls while you enjoy a refreshment.
Private Accommodation
The private accommodation consists of two bedrooms, kitchen & bathroom and a lounge and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.
| Annual Rent | £ 21,009 |
| Estimated Annual Turnover | £ 344,430 |
| Deposit | £ 5,252 |
| Estimated Fixtures & Fittings Value | £ 22,180 |
| Estimated Stock Valuation | £ 4,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 34,932 |
| Estimated Minimum Ingoing Costs | £ 9,251 |
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.
Location:
Birches Head Road, Stoke On Trent, ST1 6LL
More properties in this region
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View details for Jolly Potters Stoke On Trent
Red Cow Inn Stoke-On-Trent
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View details for Red Cow Inn Stoke-On-TrentTo 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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