Bruce Arms Macclesfield

231 Crompton Road, Macclesfield, SK11 8HB

Under Offer
  • Bruce Arms Macclesfield
  • Bruce Arms Macclesfield
  • Bruce Arms Macclesfield
  • Bruce Arms Macclesfield
  • Bruce Arms Macclesfield
  • Bruce Arms Macclesfield

Bruce Arms Macclesfield

Traditional community pub for lease

The Bruce Arms is in a residential area on the outskirts of Macclesfield, a vibrant town within commuting distance of Manchester and the Peak District. The pub is a simple to run operation that really is community focused.

Ideal opportunity for a local publican

The pub would benefit from an on site operator who is committed to providing great service to their community, an interest in sports would be a distinct advantage.

Pub Features

  • Business Start-Up Agreement
  • Live Sports
  • Pub Games

Trading Area & Facilities

The Bruce Arms is a community value pub in a residential terraced red brick street. The pubs serves the local residents with a good mix of sports, live entertainment and charity events combined with a value drinks offer. The pub is in need of some modernising and redecoration and this may involve investment from us. The Bruce Arms trades across separate public and lounge bar areas and also has a dedicated pool/sports space. Outside, there is a small beer terrace to the rear.

Private Accommodation

The private accommodation consists of 3 bedrooms, kitchen & bathroom and a lounge and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 23:30 10:00 - 23:30 10:00 - 23:30 10:00 - 23:30 10:00 - 23:30 10:00 - 23:30 12:00 - 23:00

Financials

Annual Rent £
10,500
Estimated Annual FMOP (Licensee Profit) £
15,733
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
243,255
Estimated Annual Barrelage
211

“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

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
4,800
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
3,000
Rent In Advance £
202
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
15,187
Estimated Minimum Ingoing Costs £
11,060

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,463
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £

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