Loxley Sports Bar & Grill Sheffield
Loxley New Road, Sheffield, S6 4NGAgreement Type:
Just Add Talent
View details for Loxley Sports Bar & Grill Sheffield
Masons Arms Thorpe Hesley
Masons Arms Thorpe Hesley
Thorpe Street, Thorpe Hesley, Rotherham, S61 2RP Pub Code: 0060329101
Pub Code: 0060329101
Foundation TenancyEst Min Ingoing Costs: £15,985
Annual Rent: £29,820
Beautiful, Destination Village Pub!
The area
The Mason’s Arms is located in the village of Thorpe Hesley, in the suburbs of Rotherham. The pub is surrounded by a large and affluent population of 11,200 people.
The pub is near to two popular local tourist attractions Elsecar Heritage Centre and Wentworth Castle and Gardens.
Demographics
The pub benefits from being one of 3 pubs found in an area of around 2,586 adults. The affluent customer base is made up of professional families, mature singles, and long-term couples.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a strong food & drink offer for. What food & drinks would you look to implement in the pub?
We’re always open to new ideas, what would you do to drive trade?
To be determined in ‘must have experience’ conversation between RSM and BDM
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
Trading areas and facilities:
- Main, open plan, trading area with bar
- 50+ internal covers
- Catering kitchen
- Function room
- SmartDispense
- Small beer garden
- Large car park with 30 spaces
Private Accommodation
Private accommodation consists of two bedrooms, lounge, kitchen, office, and bathroom.
Estimated Total Ingoing Costs
£45,955
Estimated Minimum Ingoing Costs
£15,985
Annual Rent
£29,820
Estimated Annual Turnover
£440,655
Deposit
£7,455
Estimated Fixtures & Fittings Value
£25,000
Estimated Stock Valuation
£10,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
Thorpe Street, Thorpe Hesley, Rotherham, S61 2RP
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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