Talisman Corby

Danesholme Centre, Corby, Corby NN18 9EJ

  • Talisman Corby
  • Talisman Corby
  • Talisman Corby
  • Talisman Corby
  • Talisman Corby
  • Talisman Corby
  • Talisman Corby
  • Talisman Corby
  • Talisman Corby
  • Talisman Corby
  • Talisman Corby
  • Talisman Corby

Talisman Corby

Great Pub! Great Pint!

Be the heart of the Community and run your own local! The Talisman is situated in a large residential estate in Corby and has good support from the local community. Currently a wet led pub, there is the opportunity to introduce a basic food menu to attract a wider audience. It is popular with the local community for its live entertainment, coverage of live sports and traditional pub games. promoting the large function room for events and parties along with the introduction of cask ales would boost income further.

Community Minded Publican wanted.

Pour the perfect pint and engage with the local community, build on the function side of the business and make this local pub an all rounder. This would be an ideal opportunity for a local, experienced couple who are looking to immerse themselves in the local community.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Music Venue
  • Car Parking
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Childrens Play Area
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally there is one main bar which is separated into clearly defined zones with comfortable seating throughout. There is an area set aside for traditional pub games, including darts a pool table and gaming machines. There is a separate function room idal for holding community events and parties.

Externally there is a large patio area with bench style seating for outside trading. A children's play area is great for keeping the kids amused and there is car parking, for easy access..

Private Accommodation

The private accommodation consists of 3 bedrooms, kitchen & bathroom and a lounge and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
- - - - - - -

Financials

Annual Rent £
16,000
Estimated Annual FMOP (Licensee Profit) £
20,721
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
264,462
Estimated Annual Barrelage
241

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 £
12,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
4,000
Rent In Advance £
308
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
23,503
Estimated Minimum Ingoing Costs £
11,528

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 £
2,762
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

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