New Inn Sheffield

Hemsworth Road, Sheffield S8 8LN

Under Offer
  • New Inn Sheffield
  • New Inn Sheffield
  • New Inn Sheffield
  • New Inn Sheffield
  • New Inn Sheffield
  • New Inn Sheffield
  • New Inn Sheffield
  • New Inn Sheffield
  • New Inn Sheffield
  • New Inn Sheffield

New Inn Sheffield

Exciting Refurbishment Opportunity!

The New Inn is located within a suburb of Sheffield, surrounded by a variety of residential housing. With over 3,000 adults within a half a mile radius, we plan to invest in this pub to create a modern community hub that the whole family can enjoy.

The pub's catering kitchen will allow for an appealing mainstream food menu.Combine this menu with an exciting calendar of events to entice locals. The attractive beer garden to the front of the pub is an added bonus - this space has the potential to draw in trade due to its appealing nature, especially during the warmer summer months.

Are you skilled in customer service? Do you have the ability to lead a motivated team?

Our Just Add Talent agreement is perfect for a first time pub operator. You may be from a management background in hospitality or retail - what matters is your passion for great customer service and your ability to lead and motivate a team of staff. Prior experience in a team leadership role will be essential. A knowledge of the local area will also be preferred for this pub.

Just Add Talent is a lower risk and high support agreement which offers a 'foot in the door' to the leased and tenanted industry. With fixed in goings of only £4,000, you will be given the support and training you need to develop your skills and run a successful pub with Star Pubs & Bars.

Pub Features

  • Music Venue
  • Car Parking
  • Refurbishment Planned
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Just Add Talent
  • Weekly Billing

Trading Area & Facilities

We plan to invest in this pub to create a modern community space that everyone can enjoy. We will create an open plan layout which has dedicated space for both drinking and dining. The interior design will be modern and inviting. The kitchen and toilets will also be refurbished.

Outside, the signage will be refreshed as will the lighting. There will be two refreshed spaces, one to the front and one to the year, outside the pub for guests to enjoy. This will also include a children's play area.

Applicants should 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. The exemption 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, as per The Pub Code (2016).

Private Accommodation

Private accommodation consists of three bedrooms, living room, kitchen and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please see Premises License for more details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 11:00 - 23:30

Financials

Estimated Total Turnover £
521,697
Estimated Licensee Share (25% of Estimated Total Turnover) £
143,467
Less Estimated Wage Costs £
127,816
Estimated Pub Profit £
81,472
Estimated Licensee Share of Pub Profit (20% of Estimated Pub Profit) £
15,947
Estimated On Target Earnings (25% of Estimated Total Turnover less staff wages plus Estimated Licensee's share of Pub Profit) £
33,336

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).

The above figures and the rent model assume that the agreement includes an arrangement to share machine income. All of our pubs in England & Wales are available without a machine income share agreement and this can be negotiated as part of the commercial agreement.

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

* All figures quoted are exclusive of VAT

** FMOP = Fair Maintainable Operating Profit