The Northern Manchester
73-75 Oldham Street, Manchester, M4 1LWAgreement Type:
Just Add Talent
View details for The Northern Manchester
Miners Arms Macclesfield
Miners Arms Macclesfield
Wood Lane North, Adlington, Macclesfield, SK10 4PF Pub Code: 0020370101
Pub Code: 0020370101
Investment TenancyEst Min Ingoing Costs: £44,769
Annual Rent: £30,017
Major refurbishment to beautiful countryside pub.
The Miners Arms offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential.
What would you do with this pub to make it even more of a success?
The area
Set in a peaceful rural spot near the Macclesfield Canal, the Miners Arms has no direct competition nearby and attracts a steady flow of walkers, dog owners, and countryside visitors year-round.
The pub benefits from being one pub found in an area of around 1,078 adults within a 20 minute walk time. The Miners Arms customer base is made up of midlife and mature adults.
The offer
The Miners Arms is available on our investment tenancy agreement. Click here for more information on this agreement.
We’re investing heavily in the Miners Arms in Adlington, giving it a full top-to-bottom refresh inside and out.
We’re always open to new ideas, what would you do to drive trade?
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 Miners Arms will have extensive experience in a destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer, 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
The Miners Arms will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining room
- Separate snug area
- 74 internal covers
- 180 external covers
- Catering kitchen
- Smart Dispense
- Beer garden with children’s play area
- Car park (55 spaces)
Private Accommodation
Private accommodation at the Miners Arms consists of 3 bedrooms, a bathroom, and a lounge.
Estimated Total Ingoing Costs
£44,769
Estimated Minimum Ingoing Costs
£44,769
Annual Rent
£30,017
Estimated Annual Turnover
£652,295
Deposit
£7,504
Estimated Fixtures & Fittings Value
£25,765
Estimated Stock Valuation
£8,000
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:
Wood Lane North, Adlington, Macclesfield, SK10 4PF
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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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