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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

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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.

  • Foundation Tenancy

  • Live Sports

  • Music Venue

  • Pub Games

  • Private Accommodation

  • Monthly Billing

  • Weekly Billing

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

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.
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

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