Cask Inn Scarborough
Cambridge Terrace, Scarborough, YO11 2LQAgreement Type: Foundation Tenancy
View details for Cask Inn Scarborough
Commercial Scarborough
83, Falsgrave Road, Scarborough, YO12 5EG
Pub Code: 2302311101
Key Features
- Recently Refurbished
- Popular Location
- Free of Tie on Wines & Spirits
- Private Accommodation
Est Min Ingoing Costs: £13,046
Annual Rent: £30,546
More Information
Recently Refurbished Local
The Commercial is a busy local on the popular Falsgrave circuit. The pub was recently refurbished, bringing new life into the area. With a great reputation for live music and sports, the Commercial has a strong wet trade, supported by a great top shelf of gins, rums, and vodkas.
There is a well fitted commercial kitchen in the site, giving the future operator a great opportunity to expand on the current food offer.
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 Commercial will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu 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 what you can bring to this pub’s next chapter…
The Commercial is a busy local on the popular Falsgrave circuit. The pub was recently refurbished, bringing new life into the area. With a great reputation for live music and sports, the Commercial has a strong wet trade, supported by a great top shelf of gins, rums, and vodkas.
There is a well fitted commercial kitchen in the site, giving the future operator a great opportunity to expand on the current food offer.
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 Commercial will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu 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 what you can bring to this pub’s next chapter…
Trading Area & Facilities
Internally, the Commercial is decorated beautifully, giving the pub a fresh feel. Served by one large bar, the pub is very spacious with ample seating. There are plenty of flat-screen TVs, perfect for showing live sport.
Externally, there is a small outdoor area that includes a little outbuilding for additional drinking space.
Externally, there is a small outdoor area that includes a little outbuilding for additional drinking space.
Private Accommodation
The private accommodation at the Commercial consists of 4 bedrooms, a living room, a bathroom, and a kitchen.
| Annual Rent | £ 30,546 |
| Estimated Annual Turnover | £ 471,915 |
| Deposit | £ 7,637 |
| Estimated Fixtures & Fittings Value | £ 29,265 |
| Estimated Stock Valuation | £ 7,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 47,402 |
| Estimated Minimum Ingoing Costs | £ 13,046 |
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:
83, Falsgrave Road, Scarborough, YO12 5EG
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Royal Oak Malton
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View details for Royal Oak MaltonTo 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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