Falcon Ipswich

Falcon Street, Ipswich, IP1 1SL

  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich
  • Falcon Ipswich

Falcon Ipswich

The Falcon is in the heart of Ipswich's town centre. The pub is in a busy area and surrounded by lots of other businesses and venues. The pub currently offers a great environment to enjoy good food and drinks. whether on a lunch break, an evening, or celebrating with friends and family.

Pub Features

  • Foundation Tenancy
  • Function Room
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Smoking Area

Trading Area & Facilities

The pub has a large open plan lounge area with mixed seating that caters for those wanting drinks or a bite to eat. There is also a function room upstairs great for private events. This provides extra seating and there is direct access to the function room.

Private Accommodation

Please note that there are no shower/bathing facilities or any domestic kitchen on site. The private quarters consist of 3 large rooms, a storage room and a toilet with basin.

Premises Licence Details

For full licensing details please refer to the premises license in the download section.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 01:30 11:00 - 01:30 11:00 - 01:30 11:00 - 01:30 11:00 - 03:30 11:00 - 03:30 12:00 - 01:30

Financials

Annual Rent £
16,770
Estimated Tenants Annual Operating Profit £
20,768
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
277,254
Estimated Annual Barrelage
112

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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
8,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
4,193
Rent In Advance £
323
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
19,136
Estimated Minimum Ingoing Costs £
9,943

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

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 are not included in the rent model or ongoing costs below.

Note that on FRI 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
736
Estimated Annual Maintenance Compliance Charge £
1,565
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108
Estimated Annual Repairs Fund £
1,300

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

** 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