Birches Head Stoke On Trent
Birches Head Road, Stoke On Trent, ST1 6LLAgreement Type: Foundation Tenancy
View details for Birches Head Stoke On Trent
Roaring Meg Stoke-On-Trent
Pennine Way, Stoke On Trent, ST8 7EA
Pub Code: 2303067101
Key Features
- Large Open Plan trading area.
- Extensive Beer Garden
- Thriving Community Local with Live Sports
- Commercial Kitchen
- Large Car Park
- Private Accommodation
Est Min Ingoing Costs: £13,758
Annual Rent: £27,093
More Information
Well established community pub in suburb of Stoke.
What would you do with this pub to make it even more of a success?
The area
The Roaring Meg is in the suburb of Biddulph, between Congleton and Stoke. The pub is surrounded by high quality residential housing.
The pub benefits from being the only pub in area of around 3,000 adults. The customer base is made up of families and mature couples making this a great opportunity for someone with bags of personality to further enhance business in this well-presented site.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through 60/40, wet/dry food & drinks offer.
The site currently has the ability to drive trade via live sports, live entertainment and selection of pub games, such as pool, and darts and is very much at the centre of the community in Biddulph.
We’re always open to new ideas, what would you do to drive trade?
Attitude is as valuable than experience. If you’ve got the following, we’d love to hear from you.
- 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
- Open Plan trading area with bar
- 90 internal covers
- 30 external covers
- Catering kitchen
- Car Park with 30 spaces
- Sports Area
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom.
| Annual Rent | £ 27,093 |
| Estimated Annual Turnover | £ 507,285 |
| Deposit | £ 6,773 |
| Estimated Fixtures & Fittings Value | £ 8,000 |
| Estimated Stock Valuation | £ 8,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 26,273 |
| Estimated Minimum Ingoing Costs | £ 13,758 |
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:
Pennine Way, Stoke On Trent, ST8 7EA
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View details for Red Cow Inn Stoke-On-TrentTo 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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