Poundffald Inn

Tirmynydd Road, Swansea SA4 3PB

  • Poundffald Inn Swansea
  • Poundffald Inn Swansea
  • Poundffald Inn Swansea
  • Poundffald Inn Swansea
  • Poundffald Inn Swansea
  • Poundffald Inn Swansea

Poundffald Inn

Destination Site

Great village pub located on main road running through affluent valley village on Gower peninsula. This super community pub is already perfectly set up to serve local residents - and it's going to benefit from an investment that will see it refurbished inside and throughout. With unlimited appeal for drinkers, diners and family groups and scope to develop the sports and live music offer, the Poundffald Inn is a pub with its sights set firmly on a profitable and sustainable future - and it is about to be provided with everything it needs to get there.

Are you looking for a rural village pub?

Ideally we are looking for an operator who has experience of running a business within a village community. You must be able to demonstrate the passion to engage and bring people together.

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the Poundffald is decorated to a high standard, low beamed ceilings, bright coloured walls, cosy fire, lovely soft furnishings and comfortable seating throughout.

Externally car parking facilities are available to accommodate your guests and an outdoor trading area is also provided with a selection of wooden benches.

Private Accommodation

The private accommodation at Poundffald consists of three bedrooms, kitchen, lounge and bathroom. In line with our 'Ready to Trade Promise', should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting business right.

Premises Licence Details

Please refer to Premises Licence.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 01:00 11:00 - 01:00 11:00 - 00:00

Financials

Annual Rent £
32,000
Estimated Annual FMOP (Licensee Profit) £
35,116
Representative HEINEKEN UK Brand Discount Per Barrel £
121
Estimated Annual Turnover £
438,499
Estimated Annual Barrelage
210

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 £
16,311
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
8,000
Rent In Advance £
615
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
33,121
Estimated Minimum Ingoing Costs £
13,862

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) £
6,108

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