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No. 12 Shifnal Shifnal

Church Street, Shifnal, TF11 9AA

Pub Code: 2302592101

Key Features

  • Located in the popular town of Shifnal, Shropshire.
  • Includes 5 ensuite letting bedrooms
  • Also comprises separate restaurant, cocktail lounge, part decked external drinking area and car park
  • Premium food and drinks offering

Est Min Ingoing Costs: £9,115

Annual Rent: £26,273

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More Information

The Bell is located on the outskirts of the market town of Shifnal, Shropshire, which lies just off the M54 in-between Shrewsbury and Wolverhampton and approximately 3 miles from Telford. The site has had a good reputation for offering a premium food and drinks offering which attracts both local and destination trade. The rustic restaurant to the front is ideal for a special occasion and customers can also enjoy the premium drinks range on offer in the stylish cocktail lounge and external part decked patio drinking area to the rear. The site also benefits from having 1 twin and 4 double high quality letting rooms, which attracts bookings from both business and weekend visitors to the area. This site offers a great opportunity to re-establish this multi-facetted business and to develop a premium destination drinks, food and letting room business.   

  • Catering Kitchen

  • Foundation Tenancy

  • Letting Rooms

  • Car Park

  • Private Accommodation

  • Monthly Billing

  • Weekly Billing

Trading Area & Facilities

The Bell is an attractive detached property which is located just off the town centre and is accessed directly from the pavement to the front and separately from a decked external drinking area to the rear. The trading area comprises a 44 seater restaurant to the front which leads on to a stylish cocktail bar and the part decked external dinking area to the rear. There is a separate access that leads to the 1 twin and 4 double ensuite letting rooms to the first floor. There is also an extensive commercial catering kitchen on the ground floor and car park to the rear.

 

Private Accommodation

The private accommodation consists of  a one bed roomed self - contained managers flat. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
09:00 -
00:30
09:00 -
00:30
09:00 -
00:30
09:00 -
00:30
09:00 -
02:30
09:00 -
02:30
12:00 -
00:30

Annual Rent £
26,273
Estimated Tenants Annual Operating Profit £
26,272
Representative HEINEKEN UK Brand Discount Per Barrel £
165
Estimated Annual Turnover £
292,252
Estimated Annual Barrelage
53
* 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 £
8,125
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
6,568
Rent in Advance £
505
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
20,808
Estimated Minimum Ingoing Costs £
9,115
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 £
1,979
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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