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Sneyd Arms Keele

1, The Village, Newcastle, ST5 5AD

Pub Code: 2301901101

Key Features

  • Village Pub with Great Potential
  • Traditional Food Offer
  • Cask Ales
  • Entertainment
  • Small Outdoor Trading Area
  • Private Accommodation

Est Min Ingoing Costs: £9,270

Annual Rent: £34,338

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More Information

Historical Village Pub with lots of potential

The pub is in the famous university village of Keele, with a mix of long-standing residents, new homeowners and of course a vibrant student population, this really is a unique place to own a pub!

The current customer is a real mix of couples and families and with Keele University within a stone’s throw of the pub there is the bonus of students and their visiting families.

The food menu is traditional including a hot carvery and they already benefit from a loyal following for their food.   There is a great drinks range supported by a vast array of cask ales.  The Pub has ad hoc entertainment at the weekend along with a strong daytime trade serving food and hot drinks.

Experience Food & Drinks Pub Operator Required

Do you have the positive and driving attitude of a successful pub owner? Do you have a clear vision for how you can bring success to a village pub? If so, we want to work with you. We need someone that can deliver excellent hospitality. The ability to drive trade via a strong offer of food and drink is essential, as is a passion for real ales.

  • Foundation Tenancy

  • Monthly Billing

  • Weekly Billing

  • Car Park

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

The pub is serviced by an upstairs kitchen, food is then sent from upstairs in a mechanical food lift. Catering facilities are in good condition with the added benefit of a hot carvery server downstairs. There are 70 covers in total.

The pub has an attractive stone façade which is very unique and it stands out from the roadside.

There is a small, grassed garden area across the frontage of the pub with several benches for outdoor trading.  The pub has a large car park for approximately 25 cars along with several outbuildings which could be developed at the operators cost. 

Private Accommodation

Private accommodation consists of four bedrooms, one with en-suite, a lounge, kitchen, family bathroom and small office. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Premises Licence Details

Please refer to the premises licence for full details

Premises Licence Opening Hours

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

Annual Rent £
34,338
Estimated Tenants Annual Operating Profit £
3,933,664
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
433,224
Estimated Annual Barrelage
222
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
12,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
8,585
Rent in Advance £
660
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
26,855
Estimated Minimum Ingoing Costs £
9,270
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
1,802
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
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
** 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

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