Turks Head Royton
119 Castleton Road, Royton, Oldham, OL2 6UPAgreement Type: Foundation Tenancy
View details for Turks Head Royton
Hopwood Arms Middleton
753, Rochdale Road, Middleton, Manchester, M24 2RA
Pub Code: 0011196101
Key Features
- Foundation Tenancy
- Great Outdoor Trading Area
- Traditional Sports Entertainment
- Live Sports
- Cask Ale
Est Min Ingoing Costs: £11,636
Annual Rent: £25,626
More Information
Big Personality, Community Leader Wanted!
Great scope on the demographics, with over 1000 adults within a 10 minute walk time. Within a 20 minute drive the catchment of adults magnifies to 641,044, meaning unlimited potential for those who can market the pub effectively.
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
The Hopwood Arms is a very traditional pub, a nice light and comfortable environment. The pub comprises of 1 large trading area, benefiting from low beams and a mix of flooring styles. The main bar is located in the centre of the pub with a traditional wooden bar which is the main servery. To the right of the bar area is a games zone used for darts and pool. There a catering kitchen on site which can accommodate 80 hungry guests.
Externally, the pub benefits from an extensive beer garden with a number of picnic tables. At the front of the pub, again, a selection of picnic tables to accommodate outdoor trade. There is a large car park on site for 30 cars.
Externally, the pub benefits from an extensive beer garden with a number of picnic tables. At the front of the pub, again, a selection of picnic tables to accommodate outdoor trade. There is a large car park on site for 30 cars.
Private Accommodation
The private accommodation consists of five bedrooms, living room, kitchen and bathroom.
| Annual Rent | £ 25,626 |
| Estimated Annual Turnover | £ 393,487 |
| Deposit | £ 6,407 |
| Estimated Fixtures & Fittings Value | £ 8,000 |
| Estimated Stock Valuation | £ 6,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 23,907 |
| Estimated Minimum Ingoing Costs | £ 11,636 |
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:
753, Rochdale Road, Middleton, Manchester, M24 2RA
More properties in this region
The Albion
600 Whitworth Road, Rochdale, OL12 0SWAgreement Type: Foundation Tenancy
View details for The Albion
Falcon Littleborough
18-20 Church Street, Littleborough, OL15 9AAAgreement Type: Investment Tenancy
View details for Falcon LittleboroughTo 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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