Kings Head Smallthorne

101 Ford Green Road, Stoke On Trent ST6 1NT

  • Kings Head Smallthorne
  • Kings Head Smallthorne
  • Kings Head Smallthorne
  • Kings Head Smallthorne
  • Kings Head Smallthorne
  • Kings Head Smallthorne
  • Kings Head Smallthorne
  • Kings Head Smallthorne

Kings Head Smallthorne

Traditional Community Local

The Kings Head is based in Smallthorne, an area in the city of Stoke-on-Trent. The pub is situated on Ford Green Road, a busy main road that cuts through a densely populated suburb that consists of a mix of residential housing and retail stores. There are over 70,000 adults within the local area.

The current offer at the Kings Head is mostly drinks based, however, there is an opportunity to implement a food offer to increase trade. Live Sports and Live music are also current attractions for customers that increase trade.

Community Pub Operator Required

Do you have experience with running a value driven and community-centric local pub? If so, Star Pubs and would love to work with you. We are seeking an innovative community operator who can become the heart of the community, demonstrate great business acumen, has a passion for pubs and can create a value drinks offer. The ability to drive trade through sports and engaging the community is essential.

Pub Features

  • Rolling Tenancy
  • Live Sports
  • Private Accommodation
  • Smoking Area
  • Pub Games
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally, the Kings Head has two main areas; the bar and the lounge, each with its own service area. The lounge has a modern aesthetic with tartan carpeting and a white and grey colour scheme. The bar also has a similar scheme, but has hard wood flooring. With large windows throughout, the pub benefits greatly from ample natural light.

The exterior of the Kings Head recently went under a refurbishment. There are sliding doors that lead onto a patio with seating as well as a space with artificial grass.

Private Accommodation

The private accommodation consists of bedrooms, kitchen & bathroom and a lounge and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 01:30 10:00 - 01:30 10:00 - 00:30

Financials

Annual Rent £
19,750
Estimated Annual FMOP (Licensee Profit) £
21,676
Representative HEINEKEN UK Brand Discount Per Barrel £
143
Estimated Annual Turnover £
325,559
Estimated Annual Barrelage
308

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 £
10,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
3,000
Rent In Advance £
380
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
TBC
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
20,503
Estimated Minimum Ingoing Costs £
9,831

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 £
1,520
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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