Masons Arms Thorpe Hesley
Thorpe Street, Thorpe Hesley, Rotherham, S61 2RPAgreement Type: Foundation Tenancy
View details for Masons Arms Thorpe HesleyRefurbishment Planned
Black Bull Ecclesfield
18, Church Street, Sheffield, S35 9WE
Pub Code: 2303009101
Key Features
- Refurbishment Planned
- Suburban Premium Local
- Main Road Location
- Introduce A Home Cooked Food Offer
- Free of Tie on Wines, Spirits & Food
- Cobbled Courtyard
Est Min Ingoing Costs: £37,352
Annual Rent: £17,409
More Information
Fantastic Refurbishment Planned
The Black Bull will undergo a full refurbishment of the trade area and toilets, forming 3 clear zones - bar area, lounge, and sports area. We plan to fully redecorate the external, with new signage and a beautiful external drinking area round the back of the pub. The refurbishment will transform the Black Bull into a great modern local community pub with a fresh, contemporary twist.
Heart of the Community
The Black Bull sits in the heart of Ecclesfield, a village located about 4 miles north of Sheffield City Centre. The pub is located across the main road from the beautiful Village Church, and in close proximity to the village centre. The Black Bull is one of 4 pubs located within a 10-minute walk time of over 2,500 adults.
Untapped Potential
This pub will be best suited to an operator looking to offer a great wet led pub to a local community - offering events through the week to drive footfall. The venue should be open to a diverse range of community functions, such as from the church, making it the beating heart of the local community.
Target Customers:
When refurbished, the Black Bull will appeal to:
- The local community of Ecclesfield
- Those looking to get involved and be part of community events.
- Those looking for a quality wet led pub, where they can watch sports and play traditional pub games such as darts or pool.
Offer:
When refurbished, the XXXXX will offer:
- A great range of draught lagers & ciders, wines & spirits.
- Live sports
- A calendar of weekly events such as pub quiz, darts, pool, and the occasional entertainment
Experienced Publican Wanted
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 Black Bull will have extensive experience in hospitality businesses. They will have a clear vision for their food & drink offer, and marketing plan. They will be passionate about can creating 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 pubs next chapter…
Trading Area & Facilities
The Black Bull will benefit from a full refurbishment with works being done both internally and externally. For a full summary of planned works, please review the 'Refurbishment Details' in the downloads section.
Please 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. This 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. This applies to all pubs in England & Wales as per The Pub Code (2016).
Private Accommodation
Private accommodation consists of three bedrooms, living room, kitchen and bathroom.
| Annual Rent | £ 17,409 |
| Estimated Annual Turnover | £ 248,316 |
| Deposit | £ 4,352 |
| Estimated Fixtures & Fittings Value | £ 24,500 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 37,352 |
| Estimated Minimum Ingoing Costs | £ 37,352 |
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:
18, Church Street, Sheffield, S35 9WE
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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