Blacksmiths Arms Llantwit Major
Llanmaes, Llantwit Major, CF61 2XRAgreement Type:
Foundation Tenancy
View details for Blacksmiths Arms Llantwit Major
Bull Hotel Valley
Bull Hotel Valley
London Rd, Valley, Holyhead, LL65 3DP Pub Code: 0091815101
Pub Code: 0091815101
Investment TenancyEst Min Ingoing Costs: £14,272
Annual Rent: £33,529
Welcome Traditional Inn
Located in the town of Valley on the beautiful Isle of Anglesey and ideally situated only two miles from the seaport of Holyhead and very close to the popular tourist area of Trearddur Bay, providing excellent footfall from commercial, business and leisure guests.
The Bull Hotel is a welcoming traditional inn with 14 well-appointed en-suite letting bedrooms.
The pub is a favourite with the local community and visitors alike for its fresh locally sourced produce offering diverse traditional and contemporary dining. A focus on local cask ales and a quality food offer will help to increase trade. Experience with events and entertainment would be beneficial to encourage weekday and weekend trade.
Talented Operator Wanted
If are you talented operator and have experience managing a food led outlet with letting rooms, this superb site could be for you. It would be beneficial for the operator to have experience with social media and marketing as attracting tourist trade will be essential. Business management skills are essential.
Trading Area & Facilities
The Bull Hotel is an impressive well-kept site with a great mix of modern and traditional features. A real fire, exposed brickwork and beams help to create a relaxing cosy vibe. The bar area has a modern feel with bar stools, gaming machines and a pool table, the decor is a combination of wood, metals and spotlights. There is a catering kitchen on site for up to 75 covers.
The high-quality letting rooms are decorated to a modern boutique style, and with the site position in the town are ideal for visitors.
Outside there is a large beer garden which will is a haven for customers during the summer months.
Private Accommodation
The private accommodation at the Bull Inn consists of a two bedrooms, kitchen, lounge, office and bathroom.
Estimated Total Ingoing Costs
£57,815
Estimated Minimum Ingoing Costs
£14,272
Annual Rent
£33,529
Estimated Annual Turnover
£552,324
Deposit
£8,315
Estimated Fixtures & Fittings Value
£38,000
Estimated Stock Valuation
£8,000
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:
London Rd, Valley, Holyhead, LL65 3DP
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
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www.starpubs.co.uk
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