Cocked Hat Scunthorpe

Ferry Road, Scunthorpe, DN15 8LQ

  • Cocked Hat Scunthorpe
  • Cocked Hat Scunthorpe
  • Cocked Hat Scunthorpe
  • Cocked Hat Scunthorpe
  • Cocked Hat Scunthorpe

Cocked Hat Scunthorpe

£600,000 Investment creating a community pub to be proud of!

Situated only a five minute drive from Scunthorpe town centre, this large pub is set to undergo a stunning external and internal refurbishment to build a new trade kitchen, and to reclaim a largely underutilized function space to bolster the trading area found at the heart of the pub. The Cocked Hat is surrounded by plenty of residential housing with a 1,900 adults living within a 10 minute walk - all of whom are families and aspiring homemakers, showcasing how this is the perfect pub for a mainstream family offer.

Following our investment we expect to see all the trading areas transformed, increasing the internal covers to 122 growing the food and coffee offer in the site, making it the go-to pub in the heart of the family dominated areas. Live sports and pub games are currently popular and we will be looking for our next operator to capitalize on this as we will be creating a dedicated pub games & sports area.

An added bonus is the pub's large external refurbishment, alongside our new signage and lighting scheme, this will make the most of the area to see footfall increase. We will also be installing a children's play area to keep the little ones happy while adults relax on the new patio areas making it a great place for families to come.

Are you skilled in customer service? Do you have the ability to lead a motivated team?

Our Just Add Talent agreement is perfect for a first-time pub operator. You may be from a management background in hospitality or retail - what matters is your passion for great customer service and your ability to lead and motivate a team of staff. Prior experience in a team leadership role will be essential. Knowledge of the local area will also be preferred for this pub.

Just Add Talent is a lower risk and high support agreement which offers a 'foot in the door' to the leased and tenanted industry. With fixed in goings of only £4,000, you will be given the support and training you need to develop your skills and run a successful pub with Star Pubs & Bars.

Pub Features

  • Car Parking
  • Refurbishment Planned
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Childrens Play Area
  • Just Add Talent

Trading Area & Facilities

Trading Area & Facilities

We plan to invest in The Cocked Hat to transform it into a modern family hub that everyone can enjoy. Inside, the change to an open plan dining and drinking area will maximise the use of the previous function room area. It will appeal to both drinkers and diners alike and accommodate 122 covers internally. The interior will also be fully refurbished with new flooring and fixtures and a variety of decorative features will be added to create an enjoyable space that appeals to all.

Outside, we will create an appealing outdoor trading space with a children's play area and new furniture in different locations to add in total 100 extra covers. New signage and lighting will increase curb appeal.

Private Accommodation

Private Accommodation

Private accommodation consists of three bedrooms, living room, kitchen and bathroom. In line with our Ready To Trade Promise, we will ensure the necessary works are completed on the private accommodation of the pub.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 01:00 11:00 - 01:00 11:00 - 01:00 11:00 - 22:30

Financials

Estimated Total Turnover £
713,838
Licensee Share of Turnover %
27.5
Estimated Licensee Share of Turnover £
196,306
Less Estimated Wage Costs £
174,890
Estimated Pub Profit £
119,875
Estimated Licensee Share of Pub Profit (20% of Estimated Pub Profit) £
23,975
Estimated On Target Earnings £
49,011

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).

The above figures and the rent model assume that the agreement includes an arrangement to share machine income. All of our pubs in England & Wales are available without a machine income share agreement and this can be negotiated as part of the commercial agreement.

* All figures quoted are exclusive of VAT

** FMOP = Fair Maintainable Operating Profit