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RegisterBridge Inn Stourport On Severn
Bridge Inn Stourport On Severn
10, Bridge Street, Stourport-on-severn, DY13 8UX Pub Code: 0050616101
Pub Code: 0050616101
Foundation TenancyEst Min Ingoing Costs: £8,833
Annual Rent: £28,000
Fantastic opportunity to take over a well located pub with food, drinks and sports. What would you do with this pub to make it a success?
The area
The Bridge Inn is located in Stourport. It's located about 10 miles north of Worcester. The pub overlooks Stourport’s historic bridge and the picturesque riverside park. It even has a beer garden with direct views of the bridge, greenery, and river. Its also close to the Fairground that open all year round. There are c2,500 adults within a ten-minute walk of the pub however the area attracts ample tourists and visitors to the nearby attractions.
There is 20 other licenced premises within a 10-minute radius of The Bridge Inn. The pub is surrounded by shops, eateries and pubs. As well as riverside paths. The main customer base is made up of retired and employed adults and is in an area of medium affluence.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through 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, selection of pub games, such as pool, and darts and pub games machines. It offers a good pub grub as well as a selection of wine beers and ciders.
We’re always open to new ideas, what would you do to drive trade?
The right operator for the pub will have extensive retail experience They will have a clear vision for their, food & drinks menu and sports offer 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…
The area
The Bridge Inn is located in Stourport. It's located about 10 miles north of Worcester. The pub overlooks Stourport’s historic bridge and the picturesque riverside park. It even has a beer garden with direct views of the bridge, greenery, and river. Its also close to the Fairground that open all year round. There are c2,500 adults within a ten-minute walk of the pub however the area attracts ample tourists and visitors to the nearby attractions.
There is 20 other licenced premises within a 10-minute radius of The Bridge Inn. The pub is surrounded by shops, eateries and pubs. As well as riverside paths. The main customer base is made up of retired and employed adults and is in an area of medium affluence.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through 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, selection of pub games, such as pool, and darts and pub games machines. It offers a good pub grub as well as a selection of wine beers and ciders.
We’re always open to new ideas, what would you do to drive trade?
The right operator for the pub will have extensive retail experience They will have a clear vision for their, food & drinks menu and sports offer 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
• Open plan with 2 bars
• Separate dining area
• Pool table/Darts board to front of pub
• Outside garden and seating to side and rear of pub
• Fully equipped catering kitchen to deliver pub grub
• Separate dining area
• Pool table/Darts board to front of pub
• Outside garden and seating to side and rear of pub
• Fully equipped catering kitchen to deliver pub grub
Private Accommodation
The private accommodation consists of three bedrooms, kitchen, lounge and bathroom.
Estimated Total Ingoing Costs
£28,500
Estimated Minimum Ingoing Costs
£8,833
Annual Rent
£28,000
Estimated Annual Turnover
£410,541
Deposit
£7,000
Estimated Fixtures & Fittings Value
£15,000
Estimated Stock Valuation
£3,000
Estimated Working Capital
£3,500
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:
10, Bridge Street, Stourport-on-severn, DY13 8UX
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To 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
