Black Bull Ecclesfield
18 Church Street, Sheffield, S35 9WEAgreement Type: Investment Tenancy
View details for Black Bull Ecclesfield
Pheasant Inn Sheffield
30, Trafalgar Road, Sheffield, S6 1JY
Pub Code: 2303202101
Key Features
- Refurbishment Planned!
- Spacious Community Local
- Large Beer Garden
- Great location
- Live Sports
Est Min Ingoing Costs: £29,472
Annual Rent: £23,888
More Information
Transformational Refurbishment Planned!
The Pheasant will undergo a complete overhaul of the internal trade area, fully redecorating the bar so that it retains the current ‘nod’ to Sheffield Wednesday, but feels like a quality local pub to enjoy a pint in. The other side of the pub is getting a more transformational upgrade including booth seating, a dedicated sports zone, and links to Sheffield’s Music and Industrial Heritage throughout. It really will look superb once it is completed and we are really excited to bring this scheme to life.
Great Location
The Pheasant is located in close proximity to Hillsborough Football Stadium on the Northwest outskirts of Sheffield City Centre. It is really close to Hillsborough Football Club, which is home to Sheffield Wednesday, a large traditional style club that seats just under 40,000 people. In addition, the pub benefits from being one of just 3 pubs within a 10-minute walk time of over 4,000 adults.
More than a Great Football Pub
The potential of the Pheasant Inn lies in managing a busy footfall on match days, but more than that, the next operator should tap into the pubs potential to build on the local trade with a calendar of events throughout the week too! More than a great sports pub, the Pheasant should be a real heart of the local community.
Target Customers:
When refurbished, the Pheasant will appeal to:
- Football fans
- The local community
- Those looking to enjoy pub games like darts, pool, or foosball.
Offer:
When refurbished, the Pheasant will offer:
- A great range of draught lagers & ciders
- Hand pulled cask ales.
- A full range of wines & spirits from entry level to more premium offerings
If 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 Pheasant will have extensive experience in hospitality businesses. They will have a clear vision for their food & drink offer, and marketing plan. They will be passionate about can creating 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 pubs next chapter…
Trading Area & Facilities
The Pheasant will benefit from a full refurbishment with works being done both internally and externally. For a full summary of planned works, please review the 'Refurbishment Details' in the downloads section.
Please 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. This 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. This applies to all pubs in England & Wales as per The Pub Code (2016).
Private Accommodation
The private accommodation consists of two bedrooms, living room, kitchen and bathroom.
| Annual Rent | £ 23,888 |
| Estimated Annual Turnover | £ 308,513 |
| Deposit | £ 5,972 |
| Estimated Fixtures & Fittings Value | £ 19,500 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 29,472 |
| Estimated Minimum Ingoing Costs | £ 29,472 |
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:
30, Trafalgar Road, Sheffield, S6 1JY
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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