Miners Arms Macclesfield

Wood Lane North, Adlington, Macclesfield SK10 4PF

  • Miners Arms Macclesfield - Front Entrance
  • Miners Arms Macclesfield - Floorplan Refurbishment
  • Miners Arms Macclesfield - Colour Scheme
  • Miners Arms Macclesfield - Sign Refurb
  • Miners Arms Macclesfield - Before Refurb
  • Miners Arms Macclesfield - Before Refurb
  • Miners Arms Macclesfield - Bar Before Refurb
  • Miners Arms Macclesfield - Play Area Before Refurb

Miners Arms Macclesfield

Brilliant Location

The Miners Arms is located in Macclesfield, an affluent destination, in rural Cheshire. The pub is situated close to the Macclesfield canal and next to a popular cycle route, attracting many visitors during the summer. The location is ideal for a fantastic country pub, serving excellent food with a stand-out offer.

Multiple Income Streams

The introduction of the brand new quality food and drinks offering, a small retail area and a fantastic outside area, including a huge garden for special events, will attract a wealth of local customers and tourists. The Miners Arms has the potential to be a stand-out, successful and much-loved pub.

Experienced and Ambitious Operator Wanted!

The Miners Arms has strong potential to be a stand-out, successful and much-loved pub, all we're missing is the right person to run it. We are looking for an Operator with experience in launching and developing a quality food offer and have the drive and ambition to push business forward.

Please be advised, that the rent advertised is for post refurbishment.

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Childrens Play Area
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The exterior of the pub currently has a large garden space for customers that features an outside dining area and an area for special events. Works on these parts of the pub will include; improving the outdoor dining area, laying new tarmac flooring and refurbishing the children's play area.

Internally, the trading area will be refurbished and redecorated to create a cosy and inviting environment where customers can socialise and enjoy the new range of quality food and drinks on offer. Works will include; redecoration of snug areas to provide customers with cosy areas to enjoy the food and drinks on offer, adding a shop design for small retail offering, new seating & lighting as well as fully refurbishing the kitchen and toilets.

Private Accommodation

This will be in line with our 'Ready to Trade' promise so you can focus on creating an exceptional venue from the outset.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 11:00 - 23:00 12:00 - 23:00

Financials

Annual Rent £
53,000
Estimated Annual FMOP (Licensee Profit) £
52,926
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
667,006
Estimated Annual Barrelage
245

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
15,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
13,250
Rent In Advance £
1,019
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
36,569
Estimated Minimum Ingoing Costs £
16,134

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
0
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased