Knot Hotel Rushton Spencer

Rushton Spencer, Macclesfield SK11 0QU

  • Knot Hotel Rushton Spencer
  • Proposed Style for Knot Hotel
  • Proposed Style for Knot Hotel
  • Knot Hotel Rushton Spencer
  • Knot Hotel Rushton Spencer
  • Knot Hotel Rushton Spencer
  • Knot Hotel Rushton Spencer
  • Knot Hotel Rushton Spencer

Knot Hotel Rushton Spencer

Family country pub with planned refurbishment!

Nestled in picturesque country landscape just off of the A523, The Knot Inn is a striking English country pub. The neighbouring village, Rushton Spencer, consists of country loving families and mature professionals. The large garden on site makes this the perfect pub for families to visit and enjoy a relaxing time or special occasion. There is also convenient car parking on site.

Post-refurbishment, The Knot Inn will be an attractive, traditional pub with a cosy feel where customers will love spending their time.
The pub will offer:
  • A fantastic menu offering premium local produce.
  • A great selection of drinks including cask and craft ale, wine and coffee.
  • An attractive garden, patio and children's play area, perfect for the warmer months
Destination Food Pub Operator

Are you a warm and welcoming operator with high standards? We are looking to partner with a skilled operator who can provide an outstanding customer experience through a passion for service and high standards. Do you have a love for the country lifestyle, coupled with an ambition to grow your business?

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Refurbishment Planned
  • Catering Kitchen
  • Outdoor Trade
  • Smoking Area
  • Childrens Play Area

Trading Area & Facilities

An extensive refurbishment will transform The Knot Inn into a fantastic destination village pub that can be enjoyed by all. The pub's original features will be refreshed to highlight its character and country charm, creating an ambient atmosphere to enjoy the improved local food offer.

New features such as a rear patio and children's play area will also be added to create an appealing venue with a versatile offer that can be enjoyed by a wide range of customers.

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
07:00 - 00:30 07:00 - 00:30 07:00 - 00:30 07:00 - 00:30 07:00 - 01:30 07:00 - 01:30 07:00 - 00:30

Financials

Annual Rent £
38,750
Estimated Annual FMOP (Licensee Profit) £
38,813
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
453,294
Estimated Annual Barrelage
135

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 £
30,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
10,000
Deposit Amount £
9,688
Rent In Advance £
745
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
52,618
Estimated Minimum Ingoing Costs £
18,643

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 £
0
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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