George & Dragon Newton
23 Bennett Street, Hyde, SK14 4TQAgreement Type: Foundation Tenancy
View details for George & Dragon Newton
Gun Inn Hyde
2, Market Street, Hollingworth, Hyde, SK14 8LN
Pub Code: 0020362101
Key Features
- Foundation Tenancy
- Established Trade
- Function Room
- Cask Ale
- Outdoor Trade
- Car Park
Est Min Ingoing Costs: £10,051
Annual Rent: £18,608
More Information
Great Reputation
Destination pub that appeals to local residents and visitors alike, the Gun Inn is a friendly local situated in the village of Hollingworth on a prominent busy junction road. Catchment area is made up of families, professionals and mature couples making this a great opportunity for someone with bags of personality to further enhance this already successful business.
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
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 Gun Inn is decorated to a high standard, with a very modern colourful scheme. Exposed brickwork throughout, lovely feature of large hanging light as a centre piece and comfortable seating throughout. Untapped potential of the Function Room upstairs which can accommodate 70 covers, the bar area downstairs can accommodate 45 guests.
Externally, car parking facilities are available to accommodate your guests and outdoor trading area is also provided with a small seated area.
Private Accommodation
The private accommodation at the Gun Inn consists of two bedrooms, kitchen, lounge and bathroom.
| Annual Rent | £ 18,608 |
| Estimated Annual Turnover | £ 309,756 |
| Deposit | £ 4,652 |
| Estimated Fixtures & Fittings Value | £ 22,980 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 36,132 |
| Estimated Minimum Ingoing Costs | £ 10,051 |
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:
2, Market Street, Hollingworth, Hyde, SK14 8LN
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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