Plough Inn
33 Hall Gate, Derby, DE74 2QJAgreement Type: Foundation Tenancy
View details for Plough InnComing Soon
Bulls Head Coalville
Warren Hills Road, Coalville, LE67 4UY
Pub Code: 2300014101
Key Features
- Established destination pub business
- Rural location
- Extensive outside trading area
- Great reputation for food
- Large Car Park
- Private accommodation
Est Min Ingoing Costs: £14,250
Annual Rent: £69,000
More Information
Coming soon!
We are currently working up the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime so apply today
Beautiful, established rural destination pub
What would you do with this pub to make it even more of a success?
The area
The Bulls Head is located on the outskirts of the village of Coalville, situated on the busy main road from Markfeild, heading to Whitwick which benefits from passing trade. The pub is surrounded by rural housing.
The pub has benefits from being the only pub found in an area of around 18,000 adults, within a 20 minute walk time. The customer base is made up of a diverse age range and destination food trade.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a strong wet/dry, 50/50 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via a strong, high quality destination food offer. It also benefits from having a fantastic, extensive outside drinking area with external bar. It offers a selection of popular beers, ciders, wines and spirits, cask ales, and coffees.
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 destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, 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 what you can bring to this pub’s next chapter…
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- 50 internal covers
- 80 external covers
- Fully functioning, catering kitchen
- Extensive beer garden
- Car park with 40 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom
| Annual Rent | £ 69,000 |
| Estimated Annual Turnover | £ 680,000 |
| Deposit | £ 17,250 |
| Estimated Fixtures & Fittings Value | £ 27,000 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 52,750 |
| Estimated Minimum Ingoing Costs | £ 14,250 |
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:
Warren Hills Road, Coalville, LE67 4UY
More properties in this region
Wheel Derby
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View details for Wheel Derby
Cap & Stocking Kegworth
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View details for Cap & Stocking KegworthTo 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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