Water Tower Sheffield
Hemsworth Road, Sheffield, S8 8LNAgreement Type: Just Add Talent
View details for Water Tower Sheffield
Cross Scythes
145-147, Derbyshire Lane, Sheffield, S8 9EQ
Pub Code: 2300529101
Key Features
- Local Community Pub
- Great Cask Ales
- Beer Garden
- Large Car Park
- Small Catering Kitchen
- Private Accommodation
Est Min Ingoing Costs: £12,758
Annual Rent: £27,099
More Information
Great Location
The Cross Scythes is situated on a large corner plot just off Derbyshire Road, with Woodseats less than 500m away. It’s close to the Water Tower landmark and half a mile away from Norton Lees Golf Club.
Passionate Operator Wanted!
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with customers
*Cask ale generates up to 50% of the predicted volume at the Cross Scythes, so previous experience with cask ale would be beneficial, but not essential.
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
The pub has one main bar that services the main bar area, tap room, function room and separate family room. There is a small catering kitchen, giving the next operator the opportunity to offer a small food offer. Historically, the pub has introduced a pizza offer as an additional income stream.
There is a beer garden to the front and rear of the pub, with patio and decking. The garden is south facing, a prime spot to get the sunshine. It also boasts a large car park suitable for 30 cars.
Private Accommodation
Private accommodation consists of 2.5 bedrooms, bathroom, kitchen, and living room.
| Annual Rent | £ 27,099 |
| Estimated Annual Turnover | £ 381,635 |
| Deposit | £ 6,774 |
| Estimated Fixtures & Fittings Value | £ 12,000 |
| Estimated Stock Valuation | £ 7,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 29,274 |
| Estimated Minimum Ingoing Costs | £ 12,758 |
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:
145-147, Derbyshire Lane, Sheffield, S8 9EQ
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View details for Old Crown InnTo 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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