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

£260,000 Transformational Refurbishment Planned

Located within the large village of Ecclesfield on the outskirts of Sheffield, The Black Bull is a spacious pub situated on a prominent high street part of the heart of the Ecclesfield community - near to both the local park and parish church. With 8,500 adults living within walking distance from the pub, there is plenty of demand for an alternative offer to the local more traditional pubs. Here we are looking to create a premium local pub following the £260,000 investment to offer a stylish alternative for the community.

We will seek to create a quirky indoor trading space with high touch finishes such as quality leather upholstered seating in a mix of fixed booths and loose furniture, timber flooring, modern tiling and wall panelling. It will have a stand out semi-industrial metal back bar that will be blended with metal framed benches, and screens throughout the site.

The Black Bull will house a distinctive and unique indoor-outdoor flow - as we will look to reclaim a barn space as part of the trading area. This previously disused space will serve as the middle ground between the indoor hub of the pub linking through to the statement outdoor trading space. There will be heaters and furniture throughout this rustic barn space leading to the rear yard which will have a mix of fixed and loose furniture, planters, festoon lighting and stylish wall art.

In the Black Bull we will be looking to exploit multiple income streams at the site by re-establishing a quirky alternative food offer that will increase food based turnover, utilising a premium draft and craft beer menu with an on trend wine and spirits menu. There is a private function room upstairs at the pub that will allow an operator to develop an additional income stream, catering for private functions.

If you want to take a virtual tour of a recent refurbishment we have carried to get a feel for our plans at the Black Bull, then click here.

Ambitious Entrepreneurial Operator Wanted

There is plenty of opportunity to drive trade further at the Black Bull, and we are now looking to partner with an ambitious operator who is skilled in delivering a fantastic food offer - and has an ability to maintain and develop premium quality drink trade. You will be familiar with the local area and have the drive to grow this business opportunity.

Pub Features

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

Trading Area & Facilities

Trading Area & Facilities

Inside, the pub has a large spacious two area trading space linked with an innovative semi-outdoor rustic barn space that leads through to the main outdoor trading area and car park. Upstairs there is a function room with its own personal bar, and there will be commercial kitchen that is capable of maintaining the 120 covers (internal and external) found on site.

Outside, we will be renewing the external decoration, creating a new signage scheme and creating a casual quirky outdoor yard with fixed and loose seating, festoon lighting and graffiti style art work.

If you want to take a virtual tour of a recent refurbishment we have carried to get a feel for our plans at the Black Bull, then click here.

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
- - - - - - -

Financials

Annual Rent £
37,000
Estimated Annual FMOP (Licensee Profit) £
37,356
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
451,679
Estimated Annual Barrelage
255

“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 £
30,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
9,250
Rent In Advance £
712
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 £
48,147
Estimated Minimum Ingoing Costs £
48,147

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 £
1,565
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