Marne Inn Bishops Stortford
Thorley Park Centre, Bishop's Stortford, CM23 4EGAgreement Type:
Investment Tenancy
View details for Marne Inn Bishops Stortford
Horse & Jockey Wrexham
Horse & Jockey Wrexham
Hope Street, Wrexham, LL11 1BD Pub Code: 2301899101
Pub Code: 2301899101
Foundation TenancyEst Min Ingoing Costs: £9,430
Annual Rent: £11,158
Iconic Pub in Wrexham City Centre
What would you do with this pub to make it a success?
The area
The Horse & Jockey is located in the city of Wrexham. The pub is surrounded by shops, food and retails outlets and mixed housing.
The customer base is varied and is made up of a mixed age group ranging from early 20’s right through to senior customers, age 65+
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through 30:70 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports, live entertainment and pub games machines. It offers a selection of cask ales, a pub classic menu, and coffees.
A well-thought-out ‘rhythm of the week’ entertainment programme including quiz nights, live music and charity events would help consistently boost mid-week trade.
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…
Trading Area & Facilities
- Main trading area with bar
- 25 internal covers
- Commercial kitchen
Private Accommodation
The pub has no private accommodation.
Estimated Total Ingoing Costs
£16,209
Estimated Minimum Ingoing Costs
£9,430
Annual Rent
£11,158
Estimated Annual Turnover
£213,003
Deposit
£2,789
Estimated Fixtures & Fittings Value
£4,920
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.
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:
Hope Street, Wrexham, LL11 1BD
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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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