Masons Arms Thorpe Hesley
Thorpe Street, Thorpe Hesley, Rotherham, S61 2RPAgreement Type: Foundation Tenancy
View details for Masons Arms Thorpe Hesley
Plough Rotherham
Roughwood Road, Rotherham, S61 4LF
Pub Code: 2302268101
Key Features
- Outdoor Seating
- Live Sports
- Free of tie on Wine, Spirits & Food
- Private Accommodation
Est Min Ingoing Costs: £13,716
Annual Rent: £32,602
More Information
The area
The Plough is located in the town of Rotherham, in the heart of the community.
Demographics
The pub benefits from being one of 2 pubs found in an area of around 2,274 adults. The diverse customer base is made up of elderly couples, younger singles, and families.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a good value food & drinks offer, along with a calendar of events for the community to enjoy. What would you look to implement in the pub?
The site currently has the ability to drive trade through its food & drinks offer, live sports, entertainment, pub games such as pool, and it’s patio area with space for outdoor seating in the summer months.
We’re always open to new ideas, what would you do to drive trade?
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 pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks offer, and the ability to entertain and create memorable experiences 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 pub’s next chapter…
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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 pub’s next chapter…
Trading Area & Facilities
- Main trading area with bar
- Separate dining room
- 30 internal covers
- 20 external covers
- Catering kitchen
- SmartDispense
- Outdoor Patio Area
Private Accommodation
Private accommodation consists of bedrooms, bathroom, kitchen, and living room.
| Annual Rent | £ 32,602 |
| Estimated Annual Turnover | £ 524,890 |
| Deposit | £ 8,150 |
| Estimated Fixtures & Fittings Value | £ 10,000 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 29,150 |
| Estimated Minimum Ingoing Costs | £ 13,716 |
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:
Roughwood Road, Rotherham, S61 4LF
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Junction Wombwell
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View details for Junction WombwellTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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