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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
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!
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
** 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.
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
* 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
To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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