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Staff Of Life Sutton In Ashfield

West End, Sutton In Ashfield, NG17 1FB

Pub Code: 0050383101

Key Features

  • Popular Community Pub
  • Great Catchment Area
  • Outdoor Trade
  • Car Park
  • Small Function Room
  • Home Cooked Pub Food

Est Min Ingoing Costs: £9,079

Annual Rent: £24,408

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More Information

Popular Community Hub

The Staff of Life is a well known community local within the market town of Sutton Ashfield. The pub has a great catchment area and is surrounded by plenty of housing. Demographics in the area consist of families and pre retirement couples with expendable income for social activities.

The pub is known for it's Skittles team which has won a variety of awards. Other appealing features include a small function room, catering kitchen and car park. The outdoor trading area can accommodate ten tables comfortably.

A traditional home cooked food menu would work well at the pub coupled with a varied events calendar.

Local Community Operator Wanted

The Staff of Life requires an enthusiastic and welcoming operator at the helm. Ideally you will be local to the area, understand the customer base and have prior experience running a hospitality business. Apply now to find out more about this fantastic opportunity.

  • Catering Kitchen

  • Foundation Tenancy

  • Function Room

  • Pub Games

  • Car Park

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

Inside, the pub spacious and divided into two clear trading areas - the main bar and a lounge. The interior design of the pub is fresh and welcoming.

There is the added bonus of a small function room.

Outside, the pub has a beer garden that can accommodate ten tables comfortably. There is also a good sized car park which has the potential to be used for events during the summer months.

Private Accommodation

Private accommodation consists of three bedrooms, living room, kitchen and bathrooms. In line with our Ready to Trade Promise, we will ensure the Private Accommodation at the pub is brought to a good standard before you take on the pub.

Premises Licence Details

Please refer to Premises Licence for more information.

Premises Licence Opening Hours

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

Annual Rent £
24,408
Estimated Tenants Annual Operating Profit £
25,449
Representative HEINEKEN UK Brand Discount Per Barrel £
160
Estimated Annual Turnover £
364,936
Estimated Annual Barrelage
234
* 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 £
6,840
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
6,102
Rent in Advance £
469
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
19,021
Estimated Minimum Ingoing Costs £
9,079
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 £
1,692
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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