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Talisman Corby

Danesholme Centre, Corby, NN18 9EJ

Pub Code: 2301280101

Key Features

  • Heart of the community
  • Opportunity to introduce food offer
  • Popular for sports and games

Est Min Ingoing Costs: £9,915

Annual Rent: £15,875

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More Information

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 customer base. 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.

  • Foundation Tenancy

  • Function Room

  • Live Sports

  • Pub Games

  • Outdoor Trade

  • Private Accommodation

  • Monthly Billing

  • Weekly 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

See licence for full 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 -
23:30
11:00 -
01:30
11:00 -
01:30
12:00 -
00:30

Annual Rent £
15,875
Estimated Tenants Annual Operating Profit £
15,874
Representative HEINEKEN UK Brand Discount Per Barrel £
220
Estimated Annual Turnover £
254,453
Estimated Annual Barrelage
203
* 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 £
12,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
3,969
Rent in Advance £
305
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
22,884
Estimated Minimum Ingoing Costs £
9,915
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 £
2,912
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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