Hollybush Inn Lower Machen
Draethen, Newport, NP10 8GBAgreement Type: Investment Tenancy
View details for Hollybush Inn Lower Machen
Hollybush Inn
Llwyncelyn Terrace, Treharris, CF46 6HF
Pub Code: 2302494101
Key Features
- Good Condition Throughout
- Charming Community Local
- Catering Kitchen
Est Min Ingoing Costs: £10,883
Annual Rent: £16,594
More Information
Great kerb appeal
This is a warm and welcoming community local with great kerb appeal. This well established business has a reputation for servicing good quality food including traditional pub classics. This is the place to enjoy a great coffee or a perfectly poured pint in a relaxed and friendly atmosphere.
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
A large open plan trading area segmented into two sections both serviced by a central bar. One area currently trades as a bar while the other is a large lounge dining area. The pub has a catering kitchen on-site with a capacity of 50 plus covers. A small car park for up to five cars at situated to the side of the premises.
Private Accommodation
The private accommodation at Hollybush consists of 3 bedrooms, a bathroom, kitchen, office, and 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.
| Annual Rent | £ 16,594 |
| Estimated Annual Turnover | £ 268,520 |
| Deposit | £ 4,686 |
| Estimated Fixtures & Fittings Value | £ 12,740 |
| Estimated Stock Valuation | £ 6,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 26,389 |
| Estimated Minimum Ingoing Costs | £ 10,883 |
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:
Llwyncelyn Terrace, Treharris, CF46 6HF
More properties in this region
Sportsmans Rest Inn Peterston
Peterston Super Ely, Cardiff, CF5 6LHAgreement Type: Foundation Tenancy
View details for Sportsmans Rest Inn Peterston
Three Horseshoes Malpas
45 Pillmawr Road, Newport, NP20 6WGAgreement Type: Foundation Tenancy
View details for Three Horseshoes MalpasTo 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
Pub Vacancy Alerts
Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.
Register
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download