William Morris Walthamstow
807/809 Forest Rd, Walthamstow, London, E17 4JDAgreement Type:
Investment Tenancy
View details for William Morris Walthamstow
Cleveland Huntsman Hemlington
Cleveland Huntsman Hemlington
Cass House Road, Middlesbrough, TS8 9JH Pub Code: 2302313101
Pub Code: 2302313101
Foundation TenancyEst Min Ingoing Costs: £9,085
Annual Rent: £15,660
What would you do with this pub to make it even more of a success?
The area
The Cleveland Huntsman is Set in the heart of Hemlington, just off Cass House Road and part of the bustling Viewley Centre, The Cleveland Huntsman offers a fantastic opportunity for an experienced operator or ambitious newcomer to take on a well-known community pub with strong local presence and real potential for growth. The pub is surroundings are residential housing and local shops & businesses.
Demographics
The pub benefits from being one of 1 pubs found in an area of around 3,143 adults. The Cleveland Huntman customer base is made up of mature and young adults.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining and introducing a small food offer. What food would you look to implement in the pub?
The site currently has the ability to drive trade via, live sports and live entertainment. It offers a selection of popular beers, ciders, wines and spirits, 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 community led hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment 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
- Main trading area with bar
- Separate bar area and pool table
- 80 internal covers
- 12 external covers
- Half a kitchen installed
- Smart Dispense
- 2 large picnic benches to the front of the pub
Private Accommodation
Private accommodation consists of 3 bedrooms, kitchen, bathroom, a living room,
Estimated Total Ingoing Costs
£27,592
Estimated Minimum Ingoing Costs
£9,085
Annual Rent
£15,660
Estimated Annual Turnover
£278,240
Deposit
£3,915
Estimated Fixtures & Fittings Value
£15,897
Estimated Stock Valuation
£4,280
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:
Cass House Road, Middlesbrough, TS8 9JH
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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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