Gate Inn Hugglescote
Fairfield Road, Coalville, LE67 2HG
Gate Inn Hugglescote
The Gate Inn is situated opposite the local primary school in Hugglescote, putting it right at the heart of the local community and providing the opportunity to market to and attract the many parents that visit the school on a daily basis.
The Gate is a popular place to watch sport and offers entertainment and pub games along with various other community-based offers that engage the local resident community. The pub is Cask Marque accredited but has no trade kitchen. You'll have the opportunity to grow business through events and functions and a regular weekly entertainment and pub teams offer.
Beer Enthusiasts Wanted
We're seeking a publican or business owner who has excellent business skills such as people management and customer service. To make this site succeed, you must be enthusiastic about beer, sports, and the community around you.
Pub Features
Trading Area & Facilities
Outside, there are external seating areas at the front and side of the building, and on-site parking for 8 cars.
Private Accommodation
Premises Licence Details
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 - 01:30 | 11:00 - 01:30 | 11:00 - 01:30 |
Financials
| Annual Rent | £ 23,049 |
| Estimated Tenants Annual Operating Profit | £ 29,883 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 125 |
| Estimated Annual Turnover | £ 383,462 |
| Estimated Annual Barrelage | 300 |
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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 |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ 2,310 |
| Estimated Fixtures & Fittings Valuation Fee | £ |
| Estimated Stock Valuation | £ |
| Deposit Amount | £ 5,762 |
| Rent In Advance | £ 443 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 13,625 |
| Estimated Minimum Ingoing Costs | £ 8,553 |
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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. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ 1,329 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ |
| Estimated Annual Repairs Fund | £ 1,300 |
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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 |
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