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Miltons Head Buxton
63, Spring Gardens, Buxton, SK17 6BJ
Pub Code: 2302770101
Key Features
- Community Events
- Loyal Following
- Traditional Pub Games
- Live Sport
- Live Music
- Private Accommodation
Est Min Ingoing Costs: £9,907
Annual Rent: £15,428
More Information
Charming Community Pub
The Milton's Head is based in Buxton, a spa town in Derbyshire, and is described as the gateway to the Peak District. It is one mile from Poole’s Cavern & Buxton Country Park. This makes it ideal for attracting tourists as well as locals. Within half a ten-minute walk, there are over 2,000 adults.
The offer at the Milton's Head consists of good homemade food and a value drinks offer. Live Sports, live music and community events drive the pub's trade.
Friendly and Outgoing Pub Operator Wanted
Do you have the ability to drive trade through many revenue streams? These including sport, entertainment and a value drinks offer. If so, Star Pubs & Bars want to work with you. You will bring pub experience, your passion for the industry and your business acumen. These qualities will be key to your success.
Trading Area & Facilities
The Milton's head has a mixture of traditional interior. The pub has a small front snug room. The main bar servery is at the rear of the pub with booth style seating for customers looking to enjoy a drink or food. There is also a further space set up as a dining room. The pub has a fully operational catering kitchen, allowing the right person the opportunity to provide a great food offer.
The pub has some outside tables at the front and rear.
Private Accommodation
The private accommodation consists of bedrooms, kitchen & bathroom and a lounge.
Premises Licence Details
See premises licence for full details.
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
10:00 - |
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
12:00 - 22:30 |
| Annual Rent | £ 15,428 |
| Estimated Tenants Annual Operating Profit | £ 15,677 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 175 |
| Estimated Annual Turnover | £ 301,365 |
| Estimated Annual Barrelage | 182 |
* 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
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 10,000 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 5,000 |
| Deposit Amount | £ 3,857 |
| Rent in Advance | £ 297 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 20,764 |
| Estimated Minimum Ingoing Costs | £ 9,907 |
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
| Other SP&B Ongoing Charges | |
|---|---|
| Estimated Annual Building Insurance | £ 1,803 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
| Estimated Annual Repairs Fund | £ 1300 |
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
** 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
* 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
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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