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Horse & Jockey Wrexham
Hope Street, Wrexham, LL11 1BD
Pub Code: 2301899101
Key Features
- Beautiful Thatched Roof
- Town Centre Location
- Well Established Trade
Est Min Ingoing Costs: £9,914
Annual Rent: £15,269
More Information
The Horse & Jockey is a popular pub located in the heart of Wrexham Town Centre. The 16th century Inn, which is a focal point in the town due to its thatched roof, benefits from passing, daytime trade thanks to shoppers and visitors to Wrexham and is also well supported by its local/regular custom. There is an existing strong core wet led customer base and an opportunity exists to reintroduce food to increase overall sales and profitability by focusing on a well-thought-out, value for money, traditional pub food offer. 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 are looking for a licensee who will be able to capitalise on this opportunity, driving the business forward by introducing great food and drink offers. This pub has incredible potential, all we are missing is the right person to drive this forward. Could this be you? If so, we would love to hear from you.
Trading Area & Facilities
The pub is an open plan operation and has a very traditional feel, the stone floors and wooden beams help provide a warm and welcoming ambiance. The entrance is directly off the high street into the main trading area, with the bar to the left-hand side. The various nooks and snugs of the trade space help generate a cosy feeling, and these are well zoned into clear drinking and eating areas. Towards the back of the pub is the dining area with approximately 30 covers. The kitchen and prep area are on the first floor with the cellar on the ground floor.
Private Accommodation
There is no private Accommodation
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
09:00 - 23:30 |
09:00 - 23:30 |
09:00 - 23:30 |
09:00 - 01:30 |
09:00 - 01:30 |
09:00 - 01:30 |
09:00 - 00:30 |
| Annual Rent | £ 15,269 |
| Estimated Tenants Annual Operating Profit | £ 17,594 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 175 |
| Estimated Annual Turnover | £ 274,764 |
| Estimated Annual Barrelage | 204 |
* 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 | £ 6,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 50 |
| Estimated Stock Valuation | £ 5,000 |
| Deposit Amount | £ 3,817 |
| Rent in Advance | £ 294 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 60 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 16,731 |
| Estimated Minimum Ingoing Costs | £ 9,914 |
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 | £ 1,340 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
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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