St Georges Hotel Swansea

30 Walter Road, Swansea SA1 5NN

  • St Georges Hotel Swansea
  • St Georges Hotel Swansea
  • St Georges Hotel Swansea
  • St Georges Hotel Swansea
  • St Georges Hotel Swansea

St Georges Hotel Swansea

Well established, family friendly pub located in Swansea's business district of Walter Road.

The pub enjoys a prominent corner position, allowing it to attract passing trade. This will only be improved with the proposed signage scheme, details of which can be discussed with the BDM at interview stage.

With a broad offer of live sport, value food and live music, this pub is a firm favourite with locals and we would expect the incoming licencee to continue to with this offer, but maximise the opportunity to increase trade that the signage scheme will bring.


Available on our Business Start -Up Agreement, with the following support:

  • Manage your risk: 3 year fixed term agreement that you can terminate at time time on three months' notice;
  • Financial support: even higher discounts on beer and cider available if volume targets are met (90% of targeted sale)

This financial support is for the first year, to help you along the way.All quoted figures are based on Start Pubs & Bars FMT rent model.

Pub Features

  • Rolling Tenancy
  • Business Start-Up Agreement
  • Music Venue
  • Catering Kitchen
  • Live Sports

Trading Area & Facilities

The trading area consists of a single, easy to manage room. It is in excellent condition throughout with a long oak bar and a mix of booth and free standing tables.

There is a kitchen on the ground floor and a pavement licence which will increase trade in the summer months.

Private Accommodation

Private accommodation consists of three bedrooms, lounge, kitchen and bathroom.

Premises Licence Details

See licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
09:00 - 02:00 09:00 - 01:00 09:00 - 01:00 09:00 - 02:00 09:00 - 02:00 09:00 - 02:00 09:00 - 02:00

Financials

Annual Rent £
15,000
Estimated Annual FMOP (Licensee Profit) £
18,628
Representative HEINEKEN UK Brand Discount Per Barrel £
172
Estimated Annual Turnover £
268,271
Estimated Annual Barrelage
184

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 £
8,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
3,000
Rent In Advance £
288
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 £
18,473
Estimated Minimum Ingoing Costs £
11,435

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 £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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