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Wedgewood Northampton
79-81, Abington Street, Northampton, NN1 2BH
Pub Code: 0050638101
Key Features
- Roof Terrace
- Pub Games
- Live Music
- Outdoor Trade
- Live Sports
- High Footfall
Est Min Ingoing Costs: £21,460
Annual Rent: £46,163
More Information
A beautiful town centre chameleon venue
The beautiful Wedgewood located in the town centre of Northampton, home of the Northampton Saints is a unique venue with three separate bar areas. This site benefits from passing trade, shoppers, students, locals and visitors.
The Wedgewood has the opportunity to become a destination cocktail bar utilising the top bar, the games area sets a cool vibe and the rooftop is a chilled out zone for casual drinking, dancing and socialising.
Do you want to grasp an opportunity in the vibrant town of Northampton?
Interior décor in superb condition all waiting for an enthusiastic, energetic multi-faceted venue operator to take it to the next stage of success.
Business Development Manager Vision
‘To be the number one venue in Northampton for live entertainment, cocktails, premium beers, quality wines and spirits’
Trading Area & Facilities
Zones providing your customers a different vibe
The ground floor with front patio overlooking the pedestrianised street, large bar dance floor and dining area. The second floor having two distinct rooms with a function suite, dj area and dance floor which can accommodate 150 + people - the perfect space for private events, parties and live music. There is also a separate sports play area with pool room to attract the students and like-minded individuals of Northampton.
The Wedgewood also has a one of the most beautiful roof terraces. The hanging lights creating a special place taking you from afternoon drinks to twilight dancing.
The large fully fitted kitchen accommodates anything from casual dining to functions, late night entertainment and refreshments as one of Northampton’s key venues.
Private Accommodation
Private accommodation at the Wedgewood consists of two bedrooms, lounge, kitchen and bathroom. 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
Please refer to license for full details.
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
08:00 - 02:30 |
08:00 - 04:30 |
08:00 - 02:30 |
08:00 - 02:30 |
08:00 - 04:30 |
08:00 - 04:30 |
08:00 - 02:30 |
| Annual Rent | £ 46,163 |
| Estimated Tenants Annual Operating Profit | £ 48,661 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 150 |
| Estimated Annual Turnover | £ 682,423 |
| Estimated Annual Barrelage | 225 |
* 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
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 30,165 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 15,000 |
| Deposit Amount | £ 11,541 |
| Rent in Advance | £ 888 |
| 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 | £ 59,319 |
| Estimated Minimum Ingoing Costs | £ 21,460 |
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.
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 | £ 1,781 |
| Estimated Annual Maintenance Compliance Charge | £ 1,565 |
| 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
* 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
To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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