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Sun Inn Tuxford

1, Newcastle Street, Newark, NG22 0LN

Pub Code: 2302639101

Key Features

  • Great Community Local
  • Affluent Area
  • Pool & Games Area
  • Outdoor Space
  • Car Park

Est Min Ingoing Costs: £11,518

Annual Rent: £21,205

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More Information

The Sun Inn is situated in the small, affluent town of Tuxford. It sits off the A1 motorway, on the boarders of the Lincolnshire Wolds. A local camping site attracts visiting customers to the area in the holiday seasons.

The pub is wet led, with the opportunity to offer a small bar menu. A packed events calendar of music, pool, and games, make The Sun Inn a popular community local.

The Sun Inn is the perfect opportunity for someone looking for their first pub. Some food experience would be beneficial, but not essential. Reaching out to the local charities will be beneficial to the business. If you are someone passionate about great pubs, and becoming part of the community, we want to hear from you!

  • Foundation Tenancy

  • Pub Games

  • Car Park

  • Outdoor Trade

  • Private Accommodation

  • Weekly Billing

Trading Area & Facilities

The Sun Inn is a two-room operation. The pub features a horse-shoe bar area. One area is dedicated to gins & spirits, with the other main bar being draught led. There is a great opportunity here to grow the cask ale offering.

 

The outdoor decking area leads out to a 30 cover been garden, with space to expand. The pub has a 20-car carpark. There is a second free car park adjacent to it, giving customers ample parking.

Private Accommodation

The private accommodation consists of 3 bedrooms, living room, kitchen, and bathroom.

Premises Licence Details

See premises licence for full details. 

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 -
00:00
10:00 -
00:00
10:00 -
00:00
10:00 -
00:00
10:00 -
01:00
10:00 -
01:00
11:00 -
00:00

Annual Rent £
21,205
Estimated Tenants Annual Operating Profit £
24,204
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
329,022
Estimated Annual Barrelage
282
* 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 £
3,548
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,500
Deposit Amount £
5,301
Rent in Advance £
408
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 £
17,367
Estimated Minimum Ingoing Costs £
11,518
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 £
2,048
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4908
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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