King William
2 Commercial Street, Northampton, NN1 1PJAgreement Type:
Foundation Tenancy
View details for King William
Bulls Head Barston
Bulls Head Barston
Barston Lane, Solihull, B92 0JU Pub Code: 2302778101
Pub Code: 2302778101
Foundation TenancyEst Min Ingoing Costs: £6,383
Annual Rent: £23,800
The Bulls Head is in the village of Barston. Between Balsall Common and Knowle. The pub is surrounded by rural housing.
The pub benefits from being the only pub found in an area of around 143 adults. The demographics are strong and the area is affluent.
Available on our foundation tenancy agreement, the potential of this pub lies in maintaining a well thought through food and drinks offer. What food & drinks would you look to implement in the pub?
The site currently can drive trade via its food, drink, coffees, and cask ales. We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring
The right operator for the pub will have extensive experience in a destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, and can create a memorable experience for their 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 pubs next chapter…
Trading Area & Facilities
- Two bar operation
- Separate dining room.
- 42 internal covers
- Potential external covers
- Well fitted catering kitchen
- SmartDispense
- Large garden
- Car park with 20 spaces
Private Accommodation
Private accommodation consists of 3 bedrooms, bathroom, a living room and kitchen.
Estimated Total Ingoing Costs
£20,350
Estimated Minimum Ingoing Costs
£6,383
Annual Rent
£23,800
Estimated Annual Turnover
£391,816
Deposit
£5,950
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£9,000
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:
Barston Lane, Solihull, B92 0JU
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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
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www.starpubs.co.uk
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