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Gun Inn Hyde

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Gun Inn Hyde

2, Market Street, Hollingworth, Hyde, SK14 8LN Pub Code: 0020362101

Pub Code: 0020362101

Investment Tenancy

Est Min Ingoing Costs: £31,663

Annual Rent: £19,893

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Refreshed pub in stunning countryside setting

What would you do with this pub to make it even more of a success?

The Gun Inn offers an excellent opportunity for someone who wants to take on a well-backed, newly refreshed pub with strong local and visitor appeal.

The Area

The Gun Inn is located on the east side of Manchester on the busiest junction at the start of the Snake Pass that runs through to Sheffield. The surrounding area offers stunning countryside, a number of country parks and reservoirs, as well as strong connectivity by rail, buses and motorways. Hyde is only 20 minutes from Manchester city centre, with Manchester City Football Club being the closest landmark. Ladybower Reservoir and the Pennine Hills are also nearby.

There are 2,807 people living within ten minutes’ walk, and three competitor pubs within the same radius.

The Offer

The Gun Inn is available on our investment tenancy agreement. Click here for more information on our agreements.

The external redecorations, new signage, lighting and car park repairs will signal huge change for the pub and create a fresh beginning. The refurbishment will make the pub stand out to locals and tourists alike and supports the opportunity to become the best pub in town.

We’re always open to new ideas – what would you do to drive trade?

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…

  • Investment Tenancy

  • Refurbishment Planned

  • Function Room

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

  • Car Park

Trading Area & Facilities

The Gun Inn will be undergoing a refurbishment which will cover the exterior of the pub.

The pub’s trading areas and facilities post-refurbishment will be:

  • Main trading area with bar
  • Private accommodation
  • Car park
  • Outdoor seatnig area
  • Kitchen: not currently compliant - a new operator may choose to refurbish at their own expense

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Private Accommodation

The private accommodation at the Gun Inn consists of two bedrooms, kitchen, lounge and bathroom.

Pub Financials Icon

Estimated Total Ingoing Costs

£31,663


Estimated Minimum Ingoing Costs

£31,663

Annual Rent
£19,893
Estimated Annual Turnover
£330,156
Deposit
£4,973
Estimated Fixtures & Fittings Value
£18,190
Estimated Stock Valuation
£5,000
Estimated Working Capital
£3,500
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.

Location:

2, Market Street, Hollingworth, Hyde, SK14 8LN

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