Taffs Well Inn Cardiff

Cardiff Road, Cardiff CF15 7PR

  • Taffs Well Inn Cardiff
  • Taffs Well Inn Cardiff
  • Taffs Well Inn Cardiff
  • Taffs Well Inn Cardiff

Taffs Well Inn Cardiff

Surrounded by beautiful Welsh hills, The Taff's well Inn is ideally situated next to the main road running through the village of Taffs Well which is located approx. three miles north of the capital city of Cardiff. The area has great links being a 5 minute drive from the main A470 trunk road which then takes about 10 minutes to get to the M4 Motorway. This pub is perfect for locals and visitors to the area as it has a warm welcoming friendly atmosphere with is log burning fire. With plans to invest in this pub (details to be confirmed) there is a potential for the operator to drive and deliver a fantastic food and drink offer. With its split level beer garden to the rear of the pub, The Taff's Well Inn has fantastic views for your customers to experience while enjoying alfresco dinning and drinking on those warm summer evenings.
Passionate community friendly operator Wanted
Have you got the positive and driving attitude of a successful pub owner? Do you have a clear vision for how you can bring success to a community-focused pub? If so, we want to partner with you. We are looking for someone that can serve excellent products with passion and quality. The ability to drive trade by a unique and fantastic offer of food and drink is essential.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Refurbishment Planned
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Smoking Area

Trading Area & Facilities

Open plan trading area with one bar operation. There is a snug area which is perfect for dinning and would accommodate approx. 20 covers ideal for serving Sunday lunches and pub grub style food through the week.
The pub is perfect for relaxing with friends and family or watching a sports event while sitting round the log burning fire. Also within the bar there is a darts area.
At the back of the pub is a raised patio area with fantastic views over the nearby bowling green with stairs which lead down to a lovely back garden area perfect for enjoying a drink on a summer day!
There is a fully equipped catering kitchen which is a decent size and more than capable of servicing the type of food offering which would suit the pub. To the side of the pub there is a small car park for 3 cars

Private Accommodation

The private accommodation at Taffs Well consists of 2 bedrooms, bathroom, Kitchen, and lounge area. 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 - 23:30 11:00 - 23:30 11:00 - 23:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 12:00 - 23:00

Financials

Annual Rent £
25,250
Estimated Annual FMOP (Licensee Profit) £
27,385
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
350,461
Estimated Annual Barrelage
231

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 £
18,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
6,313
Rent In Advance £
486
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 £
30,984
Estimated Minimum Ingoing Costs £
11,289

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 £
1,463
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