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Three Tuns Bishops Castle

Salop Street, Bishops Castle, Shropshire, SY9 5 BW

Pub Code: 0011810101

Key Features

  • Exciting £200K refurbishment Planned
  • Traditional pub with hundreds of years of history
  • Beautiful function room with wooden arched ceiling
  • Large catering kitchen
  • Great outside trading space

Est Min Ingoing Costs: £38,938

Annual Rent: £41,705

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More Information

£200K Refurbishment Planned

Nestled in the centre of Bishops Castle the Three Tuns Inn is a beautiful Grade II listed building with plenty of charm and character. Adjoined to the local brewery and in close proximity to nearby museums, amenities, and guesthouses, there is a steady stream of footfall throughout the day. Bishops Castle is located just outside the Shropshire Hills Area of Outstanding Natural Beauty, meaning local walkers and tourists often visit the village in search of a great local pub filled with character, charm, and an outstanding offer.

The planned refurbishment, including a bright and eye-catching external redecoration, will revitalise and celebrate this, greatly improving the kerb appeal of the site. A brand-new back bar servery with distressed timber cladding and contemporary finishes will better serve the cosy local’s bar and 74-cover restaurant. Combined with unique function space, the works will make the Three Tuns Inn a fantastic local that can be enjoyed by the whole community

Experienced, driven operator

Are you an experienced operator with a background in catering? do you have a passion to drive your business forward? are you able to slot into the local community and provide high-quality customer service while delivering great food and drink offer? if this sounds like you apply now to find out more about this truly exciting opportunity.

  • Catering Kitchen

  • Function Room

  • Investment Tenancy

  • Music Venue

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

  • Weekly Billing

Trading Area & Facilities

Three Tuns comprises a public bar, snug bar,, and an Oak framed glass-sided Lounge bar/dining area.
There is a function room available with its own servery which has a beautiful wooden arched ceiling.
Also on site is a meeting room that can also be used as a private dining room for those special occasions.
A catering kitchen with suitable appliances to support 74 covers.
Outside the Three Tuns, there is a lovely relaxing courtyard with bench-style seating.
All of these areas are included in the refurbishment plans.
Full details of the new trading facilities and floor plan are included in the attached 'Refurbishment Details' under 'Downloads' on the left-hand side of the page.


Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

The private accommodation at the Three Tuns consists of 4 bedrooms, bathrooms, kitchen and living 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
08:00 -
01:00
08:00 -
01:00
08:00 -
01:00
08:00 -
01:00
08:00 -
01:00
08:00 -
01:00
12:00 -
23:00

Annual Rent £
41,705
Estimated Tenants Annual Operating Profit £
43,704
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
477,795
Estimated Annual Barrelage
221
* 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 £
20,400
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,575
Deposit Amount £
10,426
Rent in Advance £
802
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
38,938
Estimated Minimum Ingoing Costs £
38,938
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 £
1,807
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
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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