Sportsman North Shields

Cawthorn Terrace, Preston, North Shields NE29 9LN

Under Offer
  • Sportsman North Shields
  • Sportsman North Shields
  • Sportsman North Shields
  • Sportsman North Shields
  • Sportsman North Shields
  • Sportsman North Shields

Sportsman North Shields

Family Friendly & Food Focused!

The Sportsman pub sits on a main road location in the village of Preston, North Shields. The pub has great kerb appeal with its distinguished mock Tudor style frontage.

This traditional bar is situated in an affluent residential part of North Shields within walking distance of the local cricket, rugby and golf clubs. With a warm welcoming atmosphere, this bar is popular with locals and visitors alike and has a very family friendly atmosphere.

The Sportsman is well known for its traditional home cooked food especially its Sunday Lunch.
Situated behind the pub is an attractive paved court yard area with bench style seating ideal for that alfresco dining experience on those warm summer evenings.

Community Focused, experienced operator wanted!

Are you able to immerse yourself in the local community and deliver exceptional customer service? Can you build on the existing food and drinks offer to attract new visitors? Are you looking for a great opportunity to run a successful pub business? Then we want to hear from you.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The Sportsman is a large well maintained pub with an open plan trading area centered around the attractive traditional wooden bar. The seating is comfortable and homely and adds to the welcoming atmosphere.

The large commercial kitchen supports the food offer the pub is known for and the parking spaces to front of building add to that destination pub feel.

Externally the pub is attractive and eye catching with it's beams and the pleasant courtyard to the rear has bench style seating for those summer trading months.

Private Accommodation

The private accommodation consists of three bedrooms, lounge, kitchen and bathroom. One of the bedrooms is currently used as an office but this is flexible.

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

Premises Licence Opening Hours

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

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
TBC
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
TBC
Premises Licence Fee £
TBC
Rates Assessment Fee £
TBC
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

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 £
1,376
Estimated Annual Maintenance Compliance Charge £
1,226
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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