Loggerheads Hotel Loggerhead

Eccleshall Road, Market Drayton TF9 4NX

  • Loggerheads Hotel Loggerhead
  • Loggerheads Hotel Loggerhead
  • Loggerheads Hotel Loggerhead
  • Loggerheads Hotel Loggerhead
  • Loggerheads Hotel Loggerhead
  • Loggerheads Hotel Loggerhead
  • Loggerheads Hotel Loggerhead
  • Loggerheads Hotel Loggerhead
  • Loggerheads Hotel Loggerhead
  • Loggerheads Hotel Loggerhead

Loggerheads Hotel Loggerhead

Plenty of Potential at the Loggerheads Hotel

Located on the main Eccleshall to Newcastle road in Market Drayton is where you will find the Loggerheads Hotel. A fantastic catchment area of wealthy landowners, mature couples, professionals and families which has the opportunity to create a loyal customer base. We are going to invest in what we call our "Signs to Grow" Scheme, we will rejuvenate the exterior of this business to compliment the interior.

There is huge potential to build trade at the Loggerheads, with the support of a good size catering kitchen accommodating up to 50 covers.


Looking for an Experienced Food Operator

Ideally we are looking for an operator who has experience of managing a demanding, high volume food offer. Do you have a knack of marketing that will ensure visitors travel from near and far?

Pub Features

  • Rolling Tenancy
  • Function Room
  • Refurbishment Planned
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Pub Games
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the Loggerheads Hotel is decorated and furnished to a high standard, low beamed ceilings, attractive wallpaper, cosy fire, lovely soft furnishings and comfortable seating throughout.

Externally we will invest to ensure the site reflects the internal part of the business, giving it the sparkle is deserves.

Private Accommodation

The private accommodation at the Loggerheads to be confirmed. 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 business right.

Premises Licence Details

Please refer to Premises Licence for full 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 12:00 - 00:30

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
TBC
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
TBC
Premises Licence Fee £
TBC
Rates Assessment Fee £
TBC
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

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 £
Estimated Annual Maintenance Compliance Charge £
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