Duke Inn Sutton Coldfield

12 Duke Street, Sutton Coldfield, B72 1RJ

  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield
  • Duke Inn Sutton Coldfield

Duke Inn Sutton Coldfield

Traditional Town Centre

Located at the outskirts of the affluent Royal town of Sutton Coldfield, The Duke Inn occupies an area of high footfall being surrounded by a mix of residential housing and shops. The town itself has fantastic demographics, with 16,000 people living within 1 mile, Furthermore, the nearby health centre, school and local football club ensures a steady and lucrative stream of passing trade both day and night.

The Duke inn is a traditional community pub, the bar area is serviced by a large L shaped bar and there is a designated area set aside with a dart board for customers who enjoy traditional pub games. There is a separate cosy lounge with open fireplace that can also be used for small functions. It has welcoming feel, brightly decorated throughout with wood panelling and a mix of fixed and traditional style seating. It is popular with sports enthusiasts through the offer of a live sports programme with Sky TV. The large outdoor area is popular in the summer months and is a great boost to trade.

Neighbourly Operator Wanted

Are you a friendly and community focused operator with a passion for cask ales? With your passion for service and knowledge of the local community, you will grow your business in partnership with Star Pubs & Bars.

Available on our Business Start-Up Agreement, with the following support:

  • Manage your risk: 3 year fixed term agreement that you can terminate at any time on 28 days' notice;
  • Financial support :
    • Even higher discounts on HUK products

This financial support is for the first year, to help you along the way. All quoted figures are based on Star Pubs & Bars FMT rent model.


Pub Features

  • Business Start-Up Agreement
  • Function Room
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the pub is in good order with traditional decor throughout and a mix of fixed and loose seating. A separate lounge area with open fireplace is a great space that can be utilised for functions.

Externally there is a large outdoor trading area with picnic style benches and a large car park making it easily accessible.

Private Accommodation

The private accommodation consists of bedrooms, kitchen & bathroom and a lounge and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

For full licensing details please refer to the premises license.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 02:30 11:00 - 02:30 11:00 - 02:30 11:00 - 02:30 11:00 - 02:30 11:00 - 02:30 11:00 - 02:30

Financials

Annual Rent £
20,000
Estimated Annual FMOP (Licensee Profit) £
19,658
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
274,718
Estimated Annual Barrelage
233

“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

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
12,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
3,000
Rent In Advance £
385
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 £
20,570
Estimated Minimum Ingoing Costs £
9,852

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 £
1,026
Estimated Annual Maintenance Compliance Charge £
1,473
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

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