Chambers Barnsley

18 Peel Square, Barnsley S70 1YA

  • Chambers Barnsley
  • Chambers Barnsley
  • Chambers Barnsley
  • Chambers Barnsley
  • Chambers Barnsley
  • Chambers Barnsley

Chambers Barnsley

Busy Town Centre Venue with Potential

Chambers is located in the heart of Barnsley town centre - only five minutes from the nearest University Campus and ten minutes from local rail links. Due to the nature of its location, the pub benefits from plenty of passing trade and ample opportunity to convert passers-by into customers. Its current trade consists of young people and town centre revellers - service can be quite fast paced during peak periods.

It is a large site, split over two floors - the ground floor functions as a modern bar with a pool table while the bar on the first floor can be used as a late night venue, private function room or even hired out as a conference space during the day. Chambers would benefit from a well promoted and exciting events calendar.

Experienced, Ambitious Operator Wanted

The right operator for this pub has the creativity to not only see its potential but also to utilise the space across various different functions to create multiple income streams. In partnership with Star Pubs & Bars, you will grow your business using not only your experience of creating and running appealing events but also your ability to market your business through social media. Former experience running a fast paced, competitively priced bar is preferred.

Pub Features

  • Business Start-Up Agreement
  • Function Room
  • Music Venue
  • Refurbishment Planned
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Chambers is a large and fairly modern pub which is split over two floors. There is plenty of fixed seating available and a pool table. The bar on the first floor is a large open space that can be adapted as a meeting space, function room or later night venue.

The architecture of the pub is quite impressive - it was formerly a bank and is on a corner plot in a busy part of town. Its large windows allow for plenty of light and also showcase the pub from the outside.

Private Accommodation

There is no private accommodation available on site.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 01:00 10:00 - 01:00 10:00 - 01:00 10:00 - 01:00 10:00 - 01:00 10:00 - 01:00 12:00 - 00:00

Financials

Annual Rent £
12,500
Estimated Annual FMOP (Licensee Profit) £
22,546
Representative HEINEKEN UK Brand Discount Per Barrel £
200
Estimated Annual Turnover £
388,484
Estimated Annual Barrelage
393

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
10,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
3,125
Rent In Advance £
240
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
20,550
Estimated Minimum Ingoing Costs £
11,277

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
2,147
Estimated Annual Maintenance Compliance Charge £
1,168
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased