Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.
Register
Churchills Manchester
37, Chorlton Street, Manchester, M1 3HN
Pub Code: 0091816101
Key Features
- Diverse & Inclusive Gay Friendly Business
- Canal Street Manchester
- City Centre Venue
- High Volume Site
Est Min Ingoing Costs: £17,323
Annual Rent: £73,835
More Information
Premium Site – Canal Street Manchester
A fantastic opportunity has arisen to acquire a prominent, well established business on Canal Street. Churchills is one of the premium venues situated in the heart of the vibrant LGBT scene of Manchester City Centre.
Churchills is beacon of celebration in the city, and the Gay Village is a must see attraction for any visitors to Manchester.
This vibrant site welcomes all members of the LGBT community, catering for all manners of persuasion providing entertainment seven nights a week.
The listed building is prominently situated on the edge of the long stretch of the Rochdale Canal, making it the perfect setting to enjoy a drink, relax with friends or party into the small hours.
City Centre Operator Required
We are looking for very experienced operator used to trading a high volume site and has the passion, drive and commitment to compliment this thriving business. If this sounds like you, please come and talk to us.
A fantastic opportunity has arisen to acquire a prominent, well established business on Canal Street. Churchills is one of the premium venues situated in the heart of the vibrant LGBT scene of Manchester City Centre.
Churchills is beacon of celebration in the city, and the Gay Village is a must see attraction for any visitors to Manchester.
This vibrant site welcomes all members of the LGBT community, catering for all manners of persuasion providing entertainment seven nights a week.
The listed building is prominently situated on the edge of the long stretch of the Rochdale Canal, making it the perfect setting to enjoy a drink, relax with friends or party into the small hours.
City Centre Operator Required
We are looking for very experienced operator used to trading a high volume site and has the passion, drive and commitment to compliment this thriving business. If this sounds like you, please come and talk to us.
Trading Area & Facilities
Renowned for its evening entertainment and live artists, Churchills caters for this wide audience by having a well zoned internal trading area - a more traditional pub lounge area with a mezzanine complemented by the main bar area. This area has fantastic patio windows that open out onto the famous cobbled Canal Street. The venue has one central bar that wraps around into both rooms. Churchills also has many quirky attractions including unisex toilets - alongside the more traditional set up.
There is a great opportunity to introduce a food offer here with extensive kitchen facilities on the first floor.
There is a great opportunity to introduce a food offer here with extensive kitchen facilities on the first floor.
Private Accommodation
The private accommodation at Churchills consists of three bedrooms, living room, kitchen and bathroom. As part of our promise to you, we will ensure your private accommodation is in good order from day one so that you can focus your energy on getting the business right.
Premises Licence Details
Please refer to Premises Licence for full details.
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
11:00 - 04:30 |
11:00 - 04:30 |
11:00 - 04:30 |
11:00 - 04:30 |
11:00 - 04:30 |
11:00 - 04:30 |
11:00 - 04:30 |
| Annual Rent | £ 73,835 |
| Estimated Tenants Annual Operating Profit | £ 76,334 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 175 |
| Estimated Annual Turnover | £ 760,580 |
| Estimated Annual Barrelage | 268 |
* 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
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 20,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 8,000 |
| Deposit Amount | £ 18,459 |
| Rent in Advance | £ 1,420 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 49,629 |
| Estimated Minimum Ingoing Costs | £ 17,323 |
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
| Other SP&B Ongoing Charges | |
|---|---|
| Estimated Annual Building Insurance | £ 1,001 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
N/A
|
| Estimated Annual Repairs Fund | £ 1300 |
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
** 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
* 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
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
Pub Vacancy Alerts
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download