Malt Shovel Inn Nr Lichfield

Chorley, Lichfield, Lichfield WS13 8DD

  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield
  • Malt Shovel Inn Nr Lichfield

Malt Shovel Inn Nr Lichfield

Attractive Village Pub

The Malt Shovel is a very attractive property that sits at the heart of the leafy Staffordshire village of Chorley. Both the interior and exterior of this pub are in a great in addition to the pub business itself, there s also a 5-berth Caravan & Camping Club registered caravan site with water and electric hook-ups, plus a well-stocked fishing lake, two large grazing fields and a number of outbuildings. We re planning a sparkling investment to freshen up what is already a popular place to eat and drink.

Customer Focused Team Leader Needed

The ideal retailer will have a strong business acumen, a passion for retail, a desire to work at the heart of the community and the ability"

Pub Features

  • Rolling Tenancy
  • Function Room
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation

Trading Area & Facilities

In addition to the public bar, there s a lounge area and a separate restaurant space. The kitchen can cater for up to 55 covers at full capacity.

Outside, there s a pleasant beer garden with a children s play area and a large 20-space car park.

Private Accommodation

The private accommodation consists of three bedrooms, a kitchen and a lounge.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 23:30 10:00 - 23:30 10:00 - 23:30 10:00 - 01:30 10:00 - 01:30 10:00 - 01:30 11:00 - 00:00

Financials

Annual Rent £
35,750
Estimated Annual FMOP (Licensee Profit) £
35,740
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
520,969
Estimated Annual Barrelage
245

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 £
15,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,000
Deposit Amount £
9,438
Rent In Advance £
726
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
35,349
Estimated Minimum Ingoing Costs £
16,164

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 £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
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