Old Mail House Staple Hill

56 High St, Staple Hill, Bristol BS16 5HW

  • Old Mail House Staple Hill
  • Old Mail House Staple Hill
  • Old Mail House Staple Hill
  • Old Mail House Staple Hill
  • Old Mail House Staple Hill
  • Old Mail House Staple Hill
  • Old Mail House Staple Hill
  • Old Mail House Staple Hill

Old Mail House Staple Hill

Thriving High Street Pub

One of the most vibrant pubs on the Staple Hill 'strip', the Old Mail House is a large, high street pub. Surrounded by residents enjoying the suburbs of Bristol, a mix of families, professionals and could provide a lucrative customer base for this pub.

Currently, the pub has a great reputation for showing live sports, with regularly advertised televised matches drawing large crowds during the week. Live entertainment currently features heavily on the pubs rhythm of the week, with live DJs and bands playing an eclectic mix of music, driving trade.

The future offer for this site should reflect busy bustling activity outside their doors. To succeed, the offer should change its offer throughout the day to meet the needs of very different customers surrounding the site. A large, untapped opportunity exists to attract a broader range of customers through a breakfast and increasingly popular brunch menu, making the most of the early opening hours of the site. By night it should change into a town centre bar, as retail and office workers stop by and local residents enjoy a night on the town.

Passionate, City Operator Wanted

This would be an ideal opportunity for a high-energy operator, who specialises in high street venues that offer on-trend food, live TV sport and regular weekly entertainment.

Pub Features

  • Rolling Tenancy
  • Live Sports
  • Private Accommodation
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

This large, open plan pub is divided into several distinct areas. A large bar servery leads way to a lounge area with comfortable seating. Two pool tables and games room occupies a significant trading space. Vibrant colours are used throughout to appeal to appeal to the youthful residents who use the pub.

Private Accommodation

The private accommodation consists of two bedrooms, lounge, kitchen and bathroom and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.

Premises Licence Details

Please refer to the Premises Licence for full 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 - 00:30 09:00 - 00:30 09:00 - 00:00

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
TBC
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

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 £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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