Black Bull Ecclesfield
18 Church Street, Sheffield, S35 9WEAgreement Type: Investment Tenancy
View details for Black Bull Ecclesfield
Masons Arms Thorpe Hesley
Thorpe Street, Thorpe Hesley, Rotherham, S61 2RP
Pub Code: 0060329101
Key Features
- Destination Food Pub
- Recently Refurbished
- Small Beer Garden
- Open Plan with Large Trading Areas
- Large Car Park
- Private Accommodation
Est Min Ingoing Costs: £16,066
Annual Rent: £30,800
More Information
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.
| Annual Rent | £ 30,800 |
| Estimated Annual Turnover | £ 448,955 |
| Deposit | £ 7,700 |
| Estimated Fixtures & Fittings Value | £ 25,000 |
| Estimated Stock Valuation | £ 10,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 46,200 |
| Estimated Minimum Ingoing Costs | £ 16,066 |
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
More properties in this region
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Pheasant Inn Sheffield
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View details for Pheasant Inn SheffieldTo 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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