Ponthir House Newport
Ponthir, Newport, NP18 1PGAgreement Type:
Foundation Tenancy
View details for Ponthir House Newport
Brunswick Inn Swansea
Brunswick Inn Swansea
Duke Street, Swansea, SA1 4HZ Pub Code: 0091641101
Pub Code: 0091641101
Foundation TenancyEst Min Ingoing Costs: £11,092
Annual Rent: £31,109
Situated on a great corner site location, next to one of Swansea’s main circuits.
What would you do with this pub to make it even more of a success?
The area
The Brunswick is located in the town of Swansea. The pub is surrounded by residential housing.
Demographics
The pub benefits from being next to one of Swansea’s main circuits with around 26,000 adults living within a 20 minute walk of the pub. The majority customer base is made up of students and affluent locals. The Brunswick has a well established trade.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through 30/70 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 entertainment. It offers a selection of cask ales, a pub classic menu, and 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 licensee for the pub will have experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy 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.
Trading Area & Facilities
- Main trading area with bar
- 60 internal covers
- Catering kitchen
- HEINEKEN SmartDispense
- Outside pavement trading license
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom.
Estimated Total Ingoing Costs
£33,262
Estimated Minimum Ingoing Costs
£11,092
Annual Rent
£31,109
Estimated Annual Turnover
£462,433
Deposit
£7,777
Estimated Fixtures & Fittings Value
£16,985
Estimated Stock Valuation
£5,000
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:
Duke Street, Swansea, SA1 4HZ
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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
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