Goats Head Abbots Bromley
Market Place, Rugeley, WS15 3BPAgreement Type:
Foundation Tenancy
View details for Goats Head Abbots Bromley
Middle Bell Barton Under Needwood
Middle Bell Barton Under Needwood
33, Main Street, Burton On Trent, DE13 8AA Pub Code: 2301856101
Pub Code: 2301856101
Investment TenancyEst Min Ingoing Costs: £53,401
Annual Rent: £39,604
Fantastic Pub in a Great Location
Barton Under Needwood is a highly affluent village on the outskirts of Burton on Trent. With over 3,500 adults living within a 10-minute walk, there are plenty of locals looking for a great premium local pub serving a range of high-quality food and drinks which offers a gap in the market that is not fulfilled by any of the local competition. As well as local trade the site offers a great opportunity to attract trade from visitors to the nearby Barton Marina complex as well as from the largest towns of Burton, Lichfield and Tamworth which are in easy reach thanks to the proximity to the busy A38.
The pub will appeal to a wide cross-section of people. With a female-friendly coffee morning offer, followed by lunch and cocktails, it will also appeal to families looking to utilise the outdoor space of the enclosed garden, while local shoppers and business people won’t be forgotten either. From coffee mornings to lunches to premium drinks and dinners, there is something to attract customers all day long. There’s even a wood-fired pizza oven!
A fantastic spirits range will be complemented with a great cask ale offer, as well as the opportunity to trade up to more premium drinks from the core range of draught products. Simple, well-presented pub classics will make up the menu. An existing wood-fired pizza oven will allow for high-end pizzas to make up part of the offer. ‘Rhythm of the week’ events, such as acoustic entertainment and pub quizzes, will be an additional draw for the local community.
Experienced Operator Wanted
We are looking for an experienced operator with drive and ambition who is ready to work with Star Pubs and Bars to make the Middle Bell the premium pub of choice in the area. You will have experience delivering a classic food menu and instil high standards of quality and service.
Barton Under Needwood is a highly affluent village on the outskirts of Burton on Trent. With over 3,500 adults living within a 10-minute walk, there are plenty of locals looking for a great premium local pub serving a range of high-quality food and drinks which offers a gap in the market that is not fulfilled by any of the local competition. As well as local trade the site offers a great opportunity to attract trade from visitors to the nearby Barton Marina complex as well as from the largest towns of Burton, Lichfield and Tamworth which are in easy reach thanks to the proximity to the busy A38.
The pub will appeal to a wide cross-section of people. With a female-friendly coffee morning offer, followed by lunch and cocktails, it will also appeal to families looking to utilise the outdoor space of the enclosed garden, while local shoppers and business people won’t be forgotten either. From coffee mornings to lunches to premium drinks and dinners, there is something to attract customers all day long. There’s even a wood-fired pizza oven!
A fantastic spirits range will be complemented with a great cask ale offer, as well as the opportunity to trade up to more premium drinks from the core range of draught products. Simple, well-presented pub classics will make up the menu. An existing wood-fired pizza oven will allow for high-end pizzas to make up part of the offer. ‘Rhythm of the week’ events, such as acoustic entertainment and pub quizzes, will be an additional draw for the local community.
Experienced Operator Wanted
We are looking for an experienced operator with drive and ambition who is ready to work with Star Pubs and Bars to make the Middle Bell the premium pub of choice in the area. You will have experience delivering a classic food menu and instil high standards of quality and service.
Trading Area & Facilities
With 80 covers across the bar, lounge and dining areas, there are fabulous areas awash with features such as open fires, tiled floors, and wood beams. As well as the great zones downstairs there is additional upstairs trade space with an extra 34 covers that can be used for functions, private dining, or simply additional everyday trading space.
The patio areas to the front and rear will have new timber garden furniture and a new timber-framed covered structure to the rear. There is a car park for easy access.
Please be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. This means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site. This applies to all pubs in England & Wales as per The Pub Code (2016).
The patio areas to the front and rear will have new timber garden furniture and a new timber-framed covered structure to the rear. There is a car park for easy access.
Please be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. This means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site. This applies to all pubs in England & Wales as per The Pub Code (2016).
Private Accommodation
There is a small private accommodation with one bedroom and a shower room.
Estimated Total Ingoing Costs
£53,401
Estimated Minimum Ingoing Costs
£53,401
Annual Rent
£39,604
Estimated Annual Turnover
£625,658
Deposit
£9,901
Estimated Fixtures & Fittings Value
£30,000
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:
33, Main Street, Burton On Trent, DE13 8AA
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08085 94 95 96
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