Black Bull Ecclesfield

18 Church Street, Sheffield, S35 9WE

  • Black Bull Ecclesfield
  • Black Bull Ecclesfield
  • Black Bull Ecclesfield
  • Black Bull Ecclesfield
  • Black Bull Ecclesfield
  • Black Bull Ecclesfield
  • Black Bull Ecclesfield
  • Black Bull Ecclesfield

Black Bull Ecclesfield

Refurbishment Planned at Village Pub

The Black Bull is a spacious community pub in the village of Ecclesfield, South Yorkshire. The pub sits on the village's main through road, opposite St Mary's Church. Over 2,500 adults live within a ten minute walk from the pub and there is little competition in the area for a premium community pub that offers good food.

We are now planning an investment of over £220,000 in the pub to give it a new lease of life. This investment will cover all trading areas of the pub.

The next operator of The Black Bull should introduce a home cooked food menu. This menu should be traditional in nature but pride itself on being fresh and locally sourced. But ultimately, The Black Bull will be a community pub. This means the new operator should also focus on developing an appealing calendar of weekly events to bring locals together.

Experienced Publican Wanted

The perfect operator for The Black Bull will know the area well and have prior experience running a food business. They will take pride in their customer service skills and understand how to market their business both online and through traditional channels.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Car Parking
  • Refurbishment Planned
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Pub Games

Trading Area & Facilities

Inside, the pub is split into two trading areas, allowing an operator to dedicate space solely to dining.

Our investment will cover all trading areas of the pub. We will add new Karndean flooring throughout, along with new furniture. The bar itself will be stripped back and restained. We will add an eye catching glass gantry above the bar. The pub will also be redecorated in a welcoming, modern style. The interior of the pub will accommodate circa 70 covers.

Outside, the pub's cobbled courtyard will be updated with new furniture, planters and festoon lighting. We will also repaint the pub's exterior, adding new signage and lighting.

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

Private accommodation consists of three bedrooms, living room, kitchen and bathroom. In line with our Ready To Trade Promise, we will ensure that the private accommodation is brought up to a good standard so that you can focus on getting the business side right.

Premises Licence Details

Please note - we are currently awaiting an up to date Premises Licence from Sheffield Council, this will be updated in due course.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 01:00 10:00 - 02:00 10:00 - 02:00 10:00 - 23:30

Financials

Annual Rent £
28,500
Estimated Tenants Annual Operating Profit £
29,569
Representative HEINEKEN UK Brand Discount Per Barrel £
170
Estimated Annual Turnover £
392,444
Estimated Annual Barrelage
213

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
21,903
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
7,125
Rent In Advance £
548
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
37,761
Estimated Minimum Ingoing Costs £
37,761

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
2,639
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased