Bruce Arms Macclesfield
231 Crompton Road, Macclesfield, SK11 8HBAgreement Type:
Foundation Tenancy
View details for Bruce Arms Macclesfield
Birches Head Stoke On Trent
Birches Head Stoke On Trent
Birches Head Road, Stoke On Trent, ST1 6LL Pub Code: 2301887101
Pub Code: 2301887101
Foundation TenancyEst Min Ingoing Costs: £9,248
Annual Rent: £20,982
Ideal opportunity to take on this already thriving business
The Birches Head sits among a mix of residential housing and commercial businesses. With almost 6,000 adults living within a ten-minute walk, this is an ideal location for a pub business.
This large Victorian property is a thriving community pub which is one of the busiest in the area. It has a good reputation for quality food, supplemented by strong drink sales. The function room is well-used by the locals. Hosting a series of community events as well as private functions.
The Birches Head sits among a mix of residential housing and commercial businesses. With almost 6,000 adults living within a ten-minute walk, this is an ideal location for a pub business.
This large Victorian property is a thriving community pub which is one of the busiest in the area. It has a good reputation for quality food, supplemented by strong drink sales. The function room is well-used by the locals. Hosting a series of community events as well as private functions.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
The Birches Head in Stoke is very traditional. It has a variety of trading areas surrounding the bar servery in the centre of the pub. There is ample room for seating and space for diners looking to enjoy a meal.
The separate function room has its own bar. The bar has a separate games area which hosts a pool table.
Outside there are some picnic benches to the front of the property. Further outdoor trading is at the back of the pub where you can watch a game of bowls while you enjoy a refreshment.
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen & bathroom.
Estimated Total Ingoing Costs
£34,925
Estimated Minimum Ingoing Costs
£9,248
Annual Rent
£20,982
Estimated Annual Turnover
£348,392
Deposit
£5,245
Estimated Fixtures & Fittings Value
£22,180
Estimated Stock Valuation
£4,000
Estimated Working Capital
£3,500
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:
Birches Head Road, Stoke On Trent, ST1 6LL
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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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