Hope & Anchor Grimsby

148 Victoria Street, Grimsby, Grimsby DN31 1NX

  • Hope & Anchor Grimsby
  • Hope & Anchor Grimsby
  • Hope & Anchor Grimsby
  • Hope & Anchor Grimsby
  • Hope & Anchor Grimsby
  • Hope & Anchor Grimsby
  • Hope & Anchor Grimsby

Hope & Anchor Grimsby

Spacious Town Centre Pub

The Hope & Anchor is a classic British pub located in Grimsby town centre. It benefits from being only a ten minute walk from both Freshney Place Shopping Centre and local rail links. This spacious pub has an already established trade, with regulars enjoying pub games such as pool and darts in a laid back atmosphere.

Another exciting feature is the kitchen on site - there is the opportunity to introduce a small pub grub menu to drive trade and entice passers-by. A patio area to the rear of the pub is an added bonus.

Experienced Publican with Character Wanted

Are you a local publican who has the necessary confidence and charm for The Hope & Anchor? You will maintain a welcomed presence within your business and have the right personality to engage with your regulars. In partnership with Star Pubs & Bars, you will grow your business using your love of publican life and ability to create a fun, welcoming atmosphere.

Pub Features

  • Rolling Tenancy
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Inside, the pub is open plan and spacious. One central bar serves the entire space and there is a variety of seating areas available to customers, some of which can be used for dining. The interior design of the pub is relaxed yet modern.

Outside, there is a small patioed area.

Private Accommodation

Consists of two bedrooms, kitchen, bathroom and lounge.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 00:00 11:00 - 02:00 11:00 - 02:00 11:00 - 23:00

Financials

Annual Rent £
10,750
Estimated Annual FMOP (Licensee Profit) £
15,624
Representative HEINEKEN UK Brand Discount Per Barrel £
168
Estimated Annual Turnover £
178,552
Estimated Annual Barrelage
185

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 £
7,500
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
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 £
17,887
Estimated Minimum Ingoing Costs £
11,060

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 £
1,463
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