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Handbridge Chester
66, Handbridge, Chester, CH4 7JF
Pub Code: 2302354101
Key Features
- Great Location
- Beautiful Extensive Gardens
- Beautifully Presented
- Commercial Kitchen
Est Min Ingoing Costs: £9,042
Annual Rent: £22,481
More Information
While the Handbridge is located in an affluent residential area of the same name it is important to note that this is just a short stroll from the Chester City walls and the River Dee. As such the future proposition of the pub will be able to benefit from community walk to traffic but also as a staging point for revellers heading to and from the City nightlife.
There has been a comprehensive investment in the site to bringing the pub back to life as a real community asset with a proposition to suit. Currently there is a great home cooked, contemporary menu complimented by heritage ciders, craft beers and cask ales and world beers. A place to enjoy great coffee in a relaxed atmosphere or a uniquely poured draught lager, all in surroundings that we would describe as having “A Bit of Style!” This is truly a premium local with the added benefit of a wonderful beer garden which is a key asset and the envy of the competition.
You’ll be an experienced operator, and you’ll quickly see how you could continue to embed yourself within the community here – perhaps the area’s already familiar to you? The food offer will remain important to compliment the healthy Wet sales; while maximising the beer garden through spring and summer will be “icing on the cake!”
There has been a comprehensive investment in the site to bringing the pub back to life as a real community asset with a proposition to suit. Currently there is a great home cooked, contemporary menu complimented by heritage ciders, craft beers and cask ales and world beers. A place to enjoy great coffee in a relaxed atmosphere or a uniquely poured draught lager, all in surroundings that we would describe as having “A Bit of Style!” This is truly a premium local with the added benefit of a wonderful beer garden which is a key asset and the envy of the competition.
You’ll be an experienced operator, and you’ll quickly see how you could continue to embed yourself within the community here – perhaps the area’s already familiar to you? The food offer will remain important to compliment the healthy Wet sales; while maximising the beer garden through spring and summer will be “icing on the cake!”
Trading Area & Facilities
The open plan trading area of the property leads is beautifully presented and leads onto a bar main servery behind which the commercial kitchen is located. While open plan the floor space is carefully zoned; with area of loose and fixed seating which lend themselves to relaxed drinking and dining; meeting friends or enjoying entertainment.
The jewel in the crown of the property is the extensive beer garden. This is set on several levels and is perfect for al fresco dining and drinking and is a real draw during the spring and summer months, more than doubling the commercial trading area.
The jewel in the crown of the property is the extensive beer garden. This is set on several levels and is perfect for al fresco dining and drinking and is a real draw during the spring and summer months, more than doubling the commercial trading area.
Private Accommodation
The private accommodation consists of 3 bedrooms, bathroom, and Kitchen with lounge area. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.
Premises Licence Details
Please refer to the Premises Licence for full details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
11:00 - 00:30 |
11:00 - 00:30 |
11:00 - 00:30 |
11:00 - 00:30 |
11:00 - 00:30 |
11:00 - 00:30 |
12:00 - 00:00 |
| Annual Rent | £ 22,481 |
| Estimated Tenants Annual Operating Profit | £ 24,880 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 125 |
| Estimated Annual Turnover | £ 320,547 |
| Estimated Annual Barrelage | 145 |
* 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
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 13,915 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 4,000 |
| Deposit Amount | £ 5,620 |
| Rent in Advance | £ 432 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 25,577 |
| Estimated Minimum Ingoing Costs | £ 9,042 |
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
| Other SP&B Ongoing Charges | |
|---|---|
| Estimated Annual Building Insurance | £ 1,403 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
| Estimated Annual Repairs Fund | £ 1300 |
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
** 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
* 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
To 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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