Jack & Jill Coulsden

Longlands Avenue, Coulsdon CR5 2QJ

  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden
  • Jack & Jill Coulsden

Jack & Jill Coulsden

Community Pub

The Jack & Jill is located on Longlands Avenue with a mixture of residential housing and retail businesses. There are over 11,000 adults within one mile of the pub and over 65% of the population are of a higher than average income.

The Jack & Jill currently has a strong drinks offer which drives footfall. There is a focus on live sports and an opportunity to develop a basic food offering. This pub has the potential to be a family friendly venue that benefits from a great garden including a children's play area.

Available on our Business Start Up Agreement, we are offering the right lessee a support package of £9,960 to help get this business up and running including increased discounts to £150 and discounts on rent.

Drinks Led Pub Operator Wanted

We are looking to work with an Operator that will create a venue that is truly the community's heart. To be a success in this site, you will bring your excellent drinks-led pub management experience, a business-savvy mind-set and you're passion and energy.

Pub Features

  • Business Start-Up Agreement
  • Live Sports
  • Private Accommodation
  • Pub Games
  • Childrens Play Area
  • Cask Ale
  • Weekly Billing

Trading Area & Facilities

Internally, the Jack & Jill has two trading areas, a main bar along with a smaller separate bar. Both bars are in good condition and spacious, offering a great place for locals to come enjoy a refreshing drink. There is a kitchen on site offering a potential to develop a small food offering.

Externally, the pub benefits from a big beer garden with plenty of benches. There is also a great children's play area creating a family friendly feel.

Private Accommodation

There is private accommodation at The Jack & Jill, more details to follow. In line with our 'Ready To Trade Promise', should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting the business right.

Premises Licence Details

See premise license for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 12:00 - 23:30

Financials

Annual Rent £
10,500
Estimated Annual FMOP (Licensee Profit) £
13,050
Representative HEINEKEN UK Brand Discount Per Barrel £
100
Estimated Annual Turnover £
142,656
Estimated Annual Barrelage
100

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 £
2,066
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
3,000
Rent In Advance £
202
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
10,463
Estimated Minimum Ingoing Costs £
9,070

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 £
1,585
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

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