Shoulder Of Mutton Mirfield

59 Lee Green, Mirfield, Mirfield WF14 0AE

  • Shoulder Of Mutton Mirfield
  • Shoulder Of Mutton Mirfield
  • Shoulder Of Mutton Mirfield
  • Shoulder Of Mutton Mirfield
  • Shoulder Of Mutton Mirfield
  • Shoulder Of Mutton Mirfield

Shoulder Of Mutton Mirfield

Village Pub with Great Kerb Appeal

The Shoulder of Mutton, Mirfield is a striking pub with great kerb appeal which includes a superb decked beer garden. The pub is located close to the local cricket club in a residential area which consists mainly of families and mature professionals. Although food is not the main driver of the business, the pub would significantly benefit from a back bar food menu. A small trade kitchen could also be used to provide a more extensive food offer and food for functions. The pub is known for its sports offer - the Sky Sports package and comfortable surroundings draw regular custom.

Experienced Community Operator Wanted

This is a great opportunity for an experienced community operator, especially if you have knowledge of the local area. We re looking for someone who has the drive to develop a small food offer alongside an appealing entertainment calendar. The ability to drive trade through events and engaging the local community is essential.

Pub Features

  • Rolling Tenancy
  • Outdoor Trade
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Inside, the central bar is split into two sections, which would allow for a classic bar / lounge format. Both sections are serviced by the same bar. There is also another room adjacent to the bar which could be used for private functions. The interior design of the pub is homely and relaxed.

Outside, there is an impressive beer garden which is partly decked. Ample car parking is also available for customers.

Private Accommodation

The private accommodation consists of three bedrooms, a kitchen and a lounge.

Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 23:00 10:00 - 23:00 10:00 - 23:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 12:00 - 23:30

Financials

Annual Rent £
13,000
Estimated Annual FMOP (Licensee Profit) £
15,875
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
216,868
Estimated Annual Barrelage
181

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 £
3,035
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
3,625
Rent In Advance £
279
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
13,124
Estimated Minimum Ingoing Costs £
10,393

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 £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,920

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