Wheel Inn Oadby
99 London Road, Leicester, LE2 5DPAgreement Type: Foundation Tenancy
View details for Wheel Inn Oadby
Bricklayers Arms Leicester
78, Welford Rd, Leicester, LE2 7AB
Pub Code: 0091314101
Key Features
- City Centre
- Free of Tie on Spirits, Wine & Food
- Live Sports
- Private Accommodation
Est Min Ingoing Costs: £12,453
Annual Rent: £23,440
More Information
City Centre Sports Bar
What would you do with this pub to make it a success?
The Bricklayers Arms is located in the city of Leicester, situated along the main transport route of Leicester. It is close to the markets, the shopping centre and the two sports grounds.
The pub benefits from being one of 53 pubs found in an area of around 14,807 adults. The transient customer base is built of drinkers coming to watch live sport events.
Available on our foundation tenancy agreement, the potential of this pub lies in developing a competitive 90/10, wet/dry food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports. It offers a selection of popular beers, ciders, wines and spirits. We’re always open to new ideas, what would you do to drive trade?
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 high street, community sports led pub. They will have a clear vision for their sports offer and food & drinks menu 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 pub next chapter…
Trading Area & Facilities
- Main trading area with bar
- Separate dining room.
- 30 internal covers
- Small catering kitchen
- Smart Dispense
Private Accommodation
Private accommodation consists of 4 bedrooms, a living room, kitchen, bathroom, and office. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
| Annual Rent | £ 23,440 |
| Estimated Annual Turnover | £ 387,733 |
| Deposit | £ 5,860 |
| Estimated Fixtures & Fittings Value | £ 13,940 |
| Estimated Stock Valuation | £ 7,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 30,300 |
| Estimated Minimum Ingoing Costs | £ 12,453 |
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:
78, Welford Rd, Leicester, LE2 7AB
More properties in this region
Old Crown Inn Wigston
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View details for Old Crown Inn Wigston
Bulls Head Blaby
Lutterworth Road, Leicester, LE8 4DNAgreement Type: Foundation Tenancy
View details for Bulls Head BlabyTo 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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