Heathgates Shrewsbury

2 Whitchurch Road, Shrewsbury, SY1 4DW

  • Heathgates Shrewsbury
  • Heathgates Shrewsbury
  • Heathgates Shrewsbury
  • Heathgates Shrewsbury
  • Heathgates Shrewsbury
  • Heathgates Shrewsbury
  • Heathgates Shrewsbury
  • Heathgates Shrewsbury
  • Heathgates Shrewsbury

Heathgates Shrewsbury

Excellent location -

Heathgates is a large prominent building well positioned at the heart of a densely populated residential area on the outskirts of Shrewsbury. It is situated next to a busy roundabout on the main route into Shrewsbury and with it's large car park Heathgates is ideal for attracting passing trade. With a well thought out 'rhythm of the week' program including quiz nights, live music and charity events and the introduction of pool and darts teams the operator would boost mid-week trade and maximise the pubs potential.

Available on our Business Start-Up Agreement, with the following support:
  • Manage your risk: 3 year fixed term agreement that you can terminate at any time on 28 days' notice;

Passionate community friendly operator Wanted -

Have you got the positive and driving attitude of a successful pub owner? Do you have a clear vision for how you can bring success to a community-focused pub? If so, we want to partner with you. We are looking for someone that can serve excellent products with passion and quality. The ability to drive trade by a unique and fantastic offer of food and drink is essential

Pub Features

  • Business Start-Up Agreement
  • Car Parking
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing

Trading Area & Facilities

Heathgates trading area consists of a bar, lounge and games room. There is a commercial kitchen on site catering for 35 plus covers. The pub has two separate outside trading areas with bench style seating, both with their own direct access to the bar area. There is also a large car park to the rear of the pub.

Private Accommodation

The private accommodation consists of bedrooms, bathroom, and Kitchen with 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
11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 02:30 11:00 - 02:30 11:00 - 00:30

Financials

Annual Rent £
19,000
Estimated Annual FMOP (Licensee Profit) £
20,952
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
289,652
Estimated Annual Barrelage
260

“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 £
4,080
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
4,750
Rent In Advance £
365
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
15,390
Estimated Minimum Ingoing Costs £
10,778

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 £
2,020
Estimated Annual Maintenance Compliance Charge £
1,565
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