Black Swan Coningsby
93 High Street, Lincoln, LN4 4RFAgreement Type:
Foundation Tenancy
View details for Black Swan Coningsby
Green Tree Inn Messingham
Green Tree Inn Messingham
33, High Street, Scunthorpe, DN17 3RX Pub Code: 2301197101
Pub Code: 2301197101
Foundation TenancyEst. Annual Turnover: £274,562
Annual Rent: £17,123
The Green Tree Inn, Messingham is a premium community local with live sports and cask ale.
What would you do with this pub to make it a success?
The area
The Green Tree Inn Messingham is just outside Scunthorpe. The pub is surrounded by residential housing.
Demographics
The pub benefits from being one of 4 pubs found in an area of around 2,612 adults. The Green Tree Inn customer base is made up of mature adults.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a wet-led offer. What drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports, live entertainment. It offers a selection of cask ales, coffees, and popular beers, ciders, wines and spirits.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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 pub’s next chapter…
Trading Area & Facilities
- Main trading area with bar
- 58 internal covers
- 40 external covers
- Car park with 15 spaces
- Beer garden
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom.
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs range from**:
£12,781 - £17,781
Annual
Estimated Annual Turnover
£274,562
Annual Rent
£17,123
Entry Costs
Deposit
**Deposit build up from 1 month rent
**Deposit build up from 1 month rent
£4,281**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
**Rented fixtures & fittings deal available
£5,000**
Stock Valuation
£5,000
Working Capital Required
£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:
33, High Street, Scunthorpe, DN17 3RX
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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
Or visit
www.starpubs.co.uk
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