Royal Oak Gnosall
Newport Road, Stafford, ST20 0BLAgreement Type: Foundation Tenancy
View details for Royal Oak GnosallRefurbishment Planned
Bell Shifnal
Church Street, Shifnal, TF11 9AA
Pub Code: 2302592101
Key Features
- Refurbishment Planned
- Proposed Premium Food Offer
- 5 letting rooms
- Rear patio area
Est Min Ingoing Costs: £36,408
Annual Rent: £33,550
More Information
Exciting Investment
The Bell in Shifnal Pub Refurbishment Opportunity! We're investing in a complete refurbishment for a centrally-located pub in Shifnal, just 4 miles from Telford. The pub is in a prime spot in the town, surrounded by a diverse community. About 400 adults live within a 10-minute walk, with an additional 200 in a 20-minute radius. Despite the competition of 8 other pubs, the establishment will stand out as a premium local option with excellent outdoor space and a top-notch food menu, unlike the mostly drink-focused pubs nearby.
Elevate Your Investment
Witness the Transformation We envision this pub as a welcoming hub for all ages, ideal for both casual meetups and family gatherings. The focus is on creating a premium local experience with quality food and drink offerings, appealing to a wide range of customers throughout the week. We're looking for a community-oriented licensee with an entrepreneurial spirit, someone who can immerse themselves in the local scene and keep the pub bustling with activity. Live entertainment and a friendly atmosphere will be key to making this pub the go-to spot in Shifnal.
Trading Area & Facilities
A refurbishment will turn the Bell into a premium town centre pub. Here is some of the updates we are doing to the pub.
Bar Area
• Updated back bar features.
• Enhanced front bar décor.
• New decorative tiled flooring.
• Stripped, stained, and repolished existing timber.
• Installation of new fixed seating.
• Introduction of mid-height fixtures and fittings.
• Complete redecoration. Dining Area
• New Karndean flooring.
• Tiled bar apron installation.
• Updated fixtures and fittings.
• Full redecoration works to walls, ceilings and theming walls.
• Addition of new dumb waiter. Kitchen
• Installation of new kitchen equipment. Toilets
• Refurbished Ladies’ and Gents’ toilets with new flooring
Private Accommodation
The private accommodation consists of a one bed roomed self - contained managers flat.
| Annual Rent | £ 33,550 |
| Estimated Annual Turnover | £ 464,652 |
| Deposit | £ 8,388 |
| Estimated Fixtures & Fittings Value | £ 18,520 |
| Estimated Stock Valuation | £ 6,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 36,408 |
| Estimated Minimum Ingoing Costs | £ 36,408 |
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
Church Street, Shifnal, TF11 9AA
More properties in this region
Horns Inn Gnosall
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View details for Horns Inn Gnosall
White Hart Filance Bridge
Stone Cross, Stafford, ST19 5ASAgreement Type: Foundation Tenancy
View details for White Hart Filance BridgeTo 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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