Everest Inn Sheffield

44 Ballifield Drive, Sheffield, Sheffield S13 9HS

  • Everest Inn Sheffield
  • Everest Inn Sheffield
  • Everest Inn Sheffield
  • Everest Inn Sheffield

Everest Inn Sheffield

Beloved Local Pub

The Everest Inn is a large pub in a residential area of Sheffield and benefits from being situated close to a parade of shops. The pub is popular with snooker fans and participates in friendly competitions with neighbouring pubs. The Everest Inn is also known for its efforts within the community - family fun days and charity nights go down a treat. The future offer for this site will include an improve drink offer to increase trade, plus an ambitious publican will be able to introduce a bar snacks menu.

Community Champion Wanted

We are looking for a community champion to take on The Everest Inn. You will be customer focused and ideally have experience in in a community pub and increasing trade via a function room.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Car Parking
  • Live Sports
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Inside, the pub has a contemporary design and consists of a main bar plus a separate function room in the back - both have their own bar.

There is a large car park available on site also.

Private Accommodation

More details to follow.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 01:00 10:00 - 01:00 11:00 - 00:00

Financials

Annual Rent £
10,500
Estimated Annual FMOP (Licensee Profit) £
17,571
Representative HEINEKEN UK Brand Discount Per Barrel £
164
Estimated Annual Turnover £
108,583
Estimated Annual Barrelage
190

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).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
5,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
1,500
Deposit Amount £
3,000
Rent In Advance £
202
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 £
11,887
Estimated Minimum Ingoing Costs £
7,560

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 £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,920

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