Roaring Meg Stoke-On-Trent
Pennine Way, Stoke On Trent, ST8 7EAAgreement Type:
Just Add Talent
View details for Roaring Meg Stoke-On-Trent
Red Cow Inn Stoke-On-Trent
Red Cow Inn Stoke-On-Trent
Ash Bank Road, Stoke On Trent, ST9 0DT Pub Code: 2301893101
Pub Code: 2301893101
Foundation TenancyEst Min Ingoing Costs: £13,573
Annual Rent: £36,879
Great Pub in fantastic location! What would you do with this pub to make it a success?
The Area:
In terms of location, The Red Cow enjoys the best of both worlds. Positioned on the main road just outside of Stoke-on-Trent, it sits conveniently next to residential areas and shops, ensuring a steady flow of potential customers.
The pub is one of 3 pubs in an area with approximately 5,000 adults within a 20-minute walk, and with plans underway to build 75 new houses nearby, the local customer base is set to grow. Additionally, The Red Cow benefits from its proximity to the unspoilt Staffordshire countryside, drawing a diverse range of patrons from both the immediate community and further afield.
To further enhance its presence and maximise trade from passing traffic, we are undertaking an external refurbishment. This will significantly improve the pub’s kerbside appeal, making it a more inviting and attractive destination for those driving by or exploring the area.
The Offer:
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in launching and developing a quality food offer and have the drive and someone with the ambition to push the business forward.
The site currently has the ability to drive trade via its good quality food and drinks menu in a relaxed atmosphere with unrivalled views of the local countryside.
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 menu, marketing strategy and can create 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 pub’s next chapter…
Trading Area & Facilities
- Open Plan layout
- Sun room overlooking the large beer garden
- 72 internal covers
- Roughly 50 external covers
- Catering kitchen
- Beer garden and terrace
- Car park with 30 spaces
Private Accommodation
Private accommodation consists of one bedroom, living room, kitchen and bathroom.
Estimated Total Ingoing Costs
£39,720
Estimated Minimum Ingoing Costs
£13,573
Annual Rent
£36,879
Estimated Annual Turnover
£582,610
Deposit
£9,220
Estimated Fixtures & Fittings Value
£20,000
Estimated Stock Valuation
£7,000
Estimated Working Capital
£3,500
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:
Ash Bank Road, Stoke On Trent, ST9 0DT
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To 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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