Talisman Corby
Danesholme Centre, Corby, Corby NN18 9EJ
Talisman Corby
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
Trading Area & Facilities
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
Premises Licence 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 |
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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 |
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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 |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| 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 |
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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 |
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