Halfway Hotel Llanelli

33 Glyncoed Terrace, Llanelli, SA15 1EZ

  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli
  • Halfway Hotel Llanelli

Halfway Hotel Llanelli

The Halfway Hotel is located next to Troste Retail Park and is a few minutes' drive from the main A4138. This Victorian pub underwent a refurbishment 4 years ago and has retained many of its original features. This includes an impressive wooden bar and a traditional wooden gallery. The painted ceilings provide the final touches to this beautiful building.
The Halfway Hotel is popular with locals and visitors looking for a drink and a bite to eat after a day shopping at the nearby retail park, or to catch up with friends.
Located near to Scarlets Ruby Stadium, the Halfway Hotel is the 'to go' place on rugby match days.
A large function room with a capacity of c 50 provides an additional income stream to the business.

Passionate and customer-driven operator required.

Are you passionate about delivering fantastic customer service? Do you like being part of the community while pouring the perfect pint for your regulars and visitors? Do you have experience in delivering a great food offer? Are you good at promoting your business? If so, we would love to hear from you.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Car Parking
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Childrens Play Area
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The Halfway Hotel is full of traditional Victorian features making it an impressive venue. A traditional wooden bar service's both the bright and open front bar area and wraps around into the separate lounge/ dining room. Both areas are well maintained and have wood-burning fires to add to the warm and welcoming feel of the pub. In the bar, there is a raised area housing a pool table and darts board. The lounge/dining room is situated to the rear of the bar and leads out to a large bright conservatory both currently used to serve food with ample seating capacity for cc 75 covers serviced by a catering kitchen. The pub benefits from a function room situated on the first floor with its own bar servery and able to accommodate cc 50 guests.

There is a well-maintained beer garden and child-friendly play area to the rear of the pub and a large car park is situated to the front and the side of the site.

Private Accommodation

The private accommodation at Halfway Hotel consists of 3 bedrooms, a bathroom, a kitchen, and a lounge area. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on your business.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 02:00 10:00 - 02:00 10:00 - 02:00 10:00 - 02:00 10:00 - 02:00 10:00 - 02:00 10:00 - 02:00

Financials

Annual Rent £
20,844
Estimated Tenants Annual Operating Profit £
23,792
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
365,519
Estimated Annual Barrelage
205

“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).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
20,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
7,500
Deposit Amount £
5,211
Rent In Advance £
401
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
295
Rates Assessment Fee £
50
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
34,732
Estimated Minimum Ingoing Costs £
12,521

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

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
2,433
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased